SNP Schneider Neureither & Partner : and TCS Establish Strategic Global Partnership

SNP and TCS Establish Strategic Global Partnership to Help Organizations Transform into Intelligent Enterprises

The partnership will combine the strengths of Tata Consultancy Services and SNP to enable business transformations for global organizations.

Heidelberg, Germany / Mumbai, India, September 29,2021 - SNP Schneider-Neureither & Partner SE, a world-leading provider of software solutions for digital transformation processes and automated data migrations in the SAP environment, and Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, have entered into a global partnership agreement aimed at driving business transformations for global organizations.

Through this strategic global partnership, SNP and TCS will jointly conceptualize, build and help enterprises transform with an automated and software-based approach by using CrystalBridge^®, SNP's data transformation platform. TCS will leverage its contextual knowledge and expertise in digital technologies to augment CrystalBridge^® and accelerate customers' business transformation journeys.

Akhilesh Tiwari, Global Head, Enterprise Application Services, TCS, said, "Together, TCS and SNP have delivered many customer successes, and we are delighted to expand this partnership further. TCS' intellectual property and SNP's software combined with our collective knowledge create a unique competitive differentiation and will enable measurable business outcomes for customers as well as accelerate their business transformation journeys and drive purpose-led growth."

Michael Eberhardt, CEO of SNP, adds: "We have worked with TCS successfully for various customers in the pharmaceutical, manufacturing and mining industries. Now we are consolidating our cooperation through a strategic global partnership. This allows us to bundle our expertise even better, which benefits our customers worldwide. Our software optimally complements TCS' service offering, and we are proud that TCS will use our CrystalBridge^® software for SAP transformation projects. Together, we will support global companies in business transformations such as mergers and acquisitions, cloud migrations, and SAP S/4HANA implementations. We have strong interest from the market and look forward to collaborating on many future projects."

"The partnership with TCS is another important step in our partner strategy," emphasizes Lutz Lambrecht, Vice President of SNP Global Partner Management. "Alliances with strong partners help customers worldwide to implement very complex IT and business transformations quickly and securely. But they also ensure that we will be there to support them in the face of future challenges. After all, our long-term goal is to share knowledge and work together with our partners on new solutions using our platform approach, so that we can continue to meet changing requirements in the future."

TCS helps customers evaluate newer digital offerings such as SAP S/4HANA, SAP^® Customer Experience solutions, SAP SuccessFactors^® solutions, SAP Ariba^® solutions, and SAP^® Business Technology Platform, to define their roadmap, architecture and strategy. TCS' innovation and demo centers in Cincinnati-US, Paris-France, Mumbai-India and Tokyo-Japan help customers gain a first-hand experience of SAP's new products and global innovations through a digital transformation ecosystem. TCS leverages its intellectual property and assets such as TCS Enterprise Navigator™, TCS Crystallus™ and TCS ConvertCore as part of a comprehensive approach to modernize enterprise businesses, helping them shape business ecosystems and adopt new business models in their perpetual growth and transformation journeys.

To gain an insight into the various use cases TCS and SNP have successfully carried out, we are jointly planning an exclusive virtual event in the next quarter.

About SNP

SNP is a world-leading provider of software for managing complex digital transformation processes. Instead of traditional IT consulting in the ERP environment, SNP offers an automated approach using specially developed software: The Data Transformation Platform CrystalBridge^® and the SNP BLUEFIELD^TM approach allow companies to restructure and modernize their IT landscapes much more quickly and securely as well as migrate to new systems or cloud environments more securely. This gives customers clear qualitative advantages while at the same time reducing their time and costs.

The SNP Group has around 1,600 employees worldwide. The company is headquartered in Heidelberg, Germany, and generated revenue of around EUR 144 million in the 2020 fiscal year. It serves multinational companies in all industries. SNP was established in 1994, went public in 2000, and has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since August 2014 (ISIN DE0007203705). Since 2017, the company has been trading as a European company (Societas Europaea/SE).

More information is available at www.snpgroup.com

About Tata Consultancy Services

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 500,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $22.2 billion in the fiscal year ended March 31, 2021 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com/de-de/home.

Tata Consultancy Services media contact

Christoph Weissthaner

Phone: [phone]

Mail: [e-mail]

Kuriko Wong

Phone: [phone]

Mail: [e-mail]

SNP media contact

Peter Verclas

Telefon: [phone]

E-Mail: [e-mail]