Siemens and TCS Form Collaboration for industrial IoT Innovation

Shital Jibhe / 07 Jun 2017

Siemens and TCS Form Collaboration for industrial IoT Innovation

Tata Consultancy Services and Siemens have formed a collaboration for Internet of Things (IoT) innovation. Customers will benefit from new services and data insights based on MindSphere, the cloud-based, open IoT operating system from Siemens.

Tata Consultancy Services and Siemens have formed a collaboration for Internet of Things (IoT) innovation. Customers will benefit from new services and data insights based on MindSphere, the cloud-based, open IoT operating system from Siemens.
 
Its focus is on customers in the manufacturing, building technology, energy, healthcare and railway industries. TCS solutions and Siemens MindSphere will enable customers to explore new models that capitalise on IoT innovation, as per BSE filing.
 
Over a year’s time, the TCS has delivered more than 2% returns. It has outperformed BSE IT index and underperformed BSE Sensex over the same period. Its peers are Wipro and Infosys.
 
Tata Consultancy Services Limited (TCS) is engaged in providing information technology (IT) services, digital and business solutions.

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