Adobe Enters Alliance with TCS; Tata Consultancy to Integrate and Resell Adobe Server Products for the Enterprise.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Oct. 20, 2003 Adobe Systems Adobe Systems Incorporated (pronounced a-DOE-bee IPA: /əˈdoʊbiː/) (NASDAQ: ADBE) (LSE: ABS) is an American computer software company headquartered in San Jose, California, USA. Incorporated (Nasdaq:ADBE ADBE Adobe Systems, Inc. (stock symbol) ) today announced a strategic alliance with Tata Consultancy Services Tata Consultancy Services Limited (TCS Limited company) is one of the world’s largest providers of information technology, consulting, services and business-process outsourcing which commenced operations in 1968. As of 2007, it is Asia's largest And India's No. (TCS (Transportation Control System) A widely used integrated information system for railroad transportation developed by the Missouri Pacific Railroad Company in the late 1960s and early 1970s. It was later implemented by Union Pacific when the companies merged. ), one of the world's largest global software services and consulting organizations. The alliance will enable TCS to integrate and resell Adobe products as part of their enterprise solution offerings. TCS will address the document generation, collaboration and process management challenges organizations face as they move paper-based processes online. In addition, TCS will sell Adobe's enterprise products as part of its offering and will provide first level customer support. The alliance will enable the two IT leaders to leverage each other's expertise. Initially, TCS will integrate and resell Adobe's server products. Over time, Adobe(R) and TCS expect to work together to build "repeatable" document solutions targeted at vertical markets, such as financial services and government that can be applied to solving document integration problems. "We are excited to have entered into an alliance with TCS," said Bruce Chizen, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Adobe. "Their domain expertise in industry verticals, integration skills in the enterprise space, cost-effective services model, customer base and global reach complement Adobe's product and technological strengths to create compelling value to customers." As part of the alliance, TCS announced the establishment of a Center of Excellence (CoE). The CoE is dedicated to Adobe technologies and includes highly trained specialists focused on creating solutions based on Adobe's enterprise offerings. It will provide TCS with the ability to support extended project teams and rapidly scale programs based on market requirements. Mr. S. Ramadorai, CEO, TCS, added, "The alliance allows us to leverage the technological superiority of Adobe's enterprise products, built around PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. technology, and the ubiquity of the Adobe Reader(R). Combined with the proven solution delivery capabilities of TCS, this would give customers access to end-to-end solutions that transform business processes, enhance productivity and lower costs by integrating their day-to-day user-facing documents with their business transactions." The alliance will provide customers access to solutions that transform document based information into interactive, actionable business processes. This press release contains forward looking statements, including those related to Adobe's product offerings, the performance and capability of Adobe's products and the benefits derived by customers from utilization of Adobe's products and solutions, which involve risks and uncertainties that could cause actual results to differ materially. Factors that might cause or contribute to such differences include, but are not limited to: the ability to integrate Adobe's products with IBM's middleware and platform technologies and respond to evolving customer requirements, the ability of Adobe's products to deliver the return on investment or other benefits identified, introduction of new products by existing and new competitors, delays in development or shipment of our new products or major new versions of existing products, difficulties in transitions to new markets, including the enterprise, government and corporate business markets, and lack of market acceptance of new products and upgrades. For further discussion of these and other risks and uncertainties, individuals should refer to the Adobe's SEC filings, including the 2002 annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and 2003 quarterly reports on Form 10-Q Form 10-Q See 10-Q. . Adobe does not undertake an obligation to update forward looking statements. About Tata Consultancy Services Tata Consultancy Services (TCS), a division of Tata Sons Limited, is one of the world's largest global software solutions and consulting services enterprise and the only Indian IT organization to cross $1 billion mark. With over 24,000 professionals working at over 100 branches in 32 countries and 5 continents, the organization has over 1000 global clients including 8 of the US Fortune 10 companies. Its clients include companies such as AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group , Boeing, Citibank, Dell Computer Corporation (company) Dell Computer Corporation - One of the biggest US manufacturers of IBM PC compatibles. "From notebooks to networks", their slogan says. http://us.dell.com. , Hewlett-Packard, Kellogg's, Lucent Technologies and Nike among others. Tata Consultancy Services has 23 Global Development Centers, 16 of which are assessed at SEI-CMM Level 5 -- the highest number in the world. TCS has established the Tata Research Development and Design Centre (TRDDC TRDDC Tata Research, Development, and Design Centre (Pune, India) ) in Pune, Maharashtra dedicated to software research and development and the only one of its kind in Asia. The organization's website can be found at www.tcs.com. About Adobe Systems Incorporated Founded in 1982, Adobe Systems Incorporated (www.adobe.com), the leader in network publishing, offers a comprehensive line of software for enterprise and creative professional customers. Its products enable customers to create, manage and deliver visually rich, compelling and reliable content. Based in San Jose, Calif., Adobe is one of the world's largest software companies The Forbes Global 2000 includes the following list of the world's largest software companies. Relative rank Global rank Name Country Sales ($bil) Profits ($bil) Assets ($bil) Market Value ($bil) 1 54 Microsoft United States . Adobe, the Adobe logo and Reader are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States and/or other countries. All other trademarks are the property of their respective owners. |
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