TCS New Deal: Tata stock up 6% as IT giant signs multi-million, multi-year deal with ABB

New Deal: Tata Consultancy Services (TCS), which is a global Leader in IT services, consulting, and business solutions, today, July 13, announced an expanded collaboration with ABB, a global technology leader in electrification and automation TCS will help ABB improve user experience, enhance operational efficiency, strengthen security and compliance, scale service delivery, and prepare for next-generation digital operations. At the core of this engagement is ABB’s Future Network Model programme, an enterprise-wide initiative to transform its global network into a standardised, centrally managed digital infrastructure. As a strategic programme partner, TCS will design, integrate, and run ABB’s global network ecosystem as a secure, modern, and AI-driven service. It will also orchestrate ABB’s multi-vendor environment to ensure seamless, standardised operations worldwide. The programme will replace fragmented network environments with a secure, scalable, and service-driven architecture. It will use a centralised control framework to bring together: