Mumbai (BSE) & New York (NYSE) � 1 December 2011 – Tata Communications, a leading provider of The New World of Communications, today announces yet another addition to its InstaApps Software-as-a-Service (SaaS) portfolio in the form of Human Capital Management (HCM) – InstaHCM�.
InstaHCM will launch in partnership with SuccessFactors, Inc. (NYSE: SFSF), the global leader in cloud-based business execution software. Together, Tata Communications and SuccessFactors will bring India-based enterprise customers a secure and scalable set of business execution software to help align their workforces, execute business strategies, identify high and low performers and increase business productivity, all in the cloud. Tata Communications’ InstaHCM cloud service launch will mark the first telecommunications company in India to offer an SaaS-based Human Capital Management application.
“Talent retention, a productive workforce, business alignment and employee development are key areas of focus for any enterprise. Development and implementation of dedicated HR tools to address these issues is becoming increasingly important for enterprises that want to harness human resource intelligence to empower employees. By providing visibility into these aspects of a company’s business, employees can better collaborate and communicate, significantly improving organisational productivity,” says Sumeet Walia, Senior Vice President, India and APAC, Tata Communications.
The pay-per-use InstaHCM service enables businesses to quickly and easily tap into scalable, global IT infrastructure via the Internet, without the usual cost and complexities associated with IT provisioning, helping to control operational expenses.
“With the upcoming launch of the InstaHCM cloud service, Tata Communications further strengthens the portfolio of cloud-based services that it offers to enterprises in India, providing world-class business applications and solutions,” concludes Walia.
“With a significant customer base in India, Tata Communications has a strong presence in the country and a deep understanding of the emerging Indian marketplace,” says Mercedes Ellison, Vice President of Global Alliances and Channels, SuccessFactors. “The demand for cloud computing continues to mature and grow and SuccessFactors is one of the leading vendors spearheading global cloud-computing with approximately 15 million subscription seats and more than 3,500 customers. A partnership with Tata Communications is a fantastic opportunity for SuccessFactors to expand its influence amongst leading Indian enterprises.”
Tata Communications’ InstaHCM cloud service suite combines the best of both worlds � its robust global cloud platform and rich understanding of the unique needs of India’s enterprise market, together with the strength and reliability of Success Factors’ Business Execution Suite.
InstaHCM cloud service will be available in India from 8 December 2011.
About Tata Communications
Tata Communications is a leading global provider of a new world of communications. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global and pan-India network to deliver managed solutions to multi-national enterprises, service providers and Indian consumers.
The Tata Global Network includes one of the most advanced and largest submarine cable networks, a Tier-1 IP network, with connectivity to more than 200 countries across 400 PoPs, and nearly 1 million square feet of data center and collocation space worldwide.
Tata Communications� depth and breadth of reach in emerging markets includes leadership in Indian enterprise data services, leadership in global international voice, and strategic investments in South Africa (Neotel), Sri Lanka (Tata Communications Lanka Limited) and Nepal (United Telecom Limited)
Tata Communications Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India and its ADRs are listed on the New York Stock Exchange. (NYSE: TCL)
Forward-looking and cautionary statements
Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications’ expected financial position, business strategy, the future development of Tata Communications’ operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Tata Communications, or industry results, to differ materially from those expressed or implied by such forward-looking statements. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of traffic on Tata Communications’ network; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology and information systems to support new products and services, including voice transmission services; failure to stabilize or reduce the rate of price compression on certain of the company’s communications services; failure to integrate strategic acquisitions and changes in government policies or regulations of India and, in particular, changes relating to the administration of Tata Communications’ industry; and, in general, the economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Tata Communications’ control, include, but are not limited to, those risk factors discussed in Tata Communications’ various filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.
About SuccessFactors
SuccessFactors is the leading provider of cloud-based Business Execution Software, and delivers business alignment, team execution, people performance, and learning management solutions to organizations of all sizes across more than 60 industries. With approximately 15 million subscription seats globally, we strive to delight our customers by delivering innovative solutions, content and analytics, process expertise and best practices insights from serving our broad and diverse customer base. Today, we have more than 3,500 customers in more than 168 countries using our application suite in 35 languages.
| Media Contacts: Divya Anand Tata Communications +91 8976068777 divya.anand@tatacommunications.com |
Andrea Mayer Success Factors +1.415.370.7329 ameyer@successfactors.com |
Monica Sondhi Rediffusion / Edelman +91 7738066622 monica.sondhi@edelman.com |
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