NEW DELHI: Tata Consultancy Services (TCS), a global software solutions and
consulting services company, has announced the launch of its operations in
Uruguay, South America, marked by the inauguration of its new Global Development
Center (GDC) in the country. The inauguration of the GDC in Uruguay at the hands
of Dr. Jorge Patlle, President of Uruguay and Ramadorai, CEO, TCS makes TCS the
first Indian Company to launch its operations in Uruguay. TCS is looking at an
investment size of $ 30 million and an employee strength of 500 employees in the
Country over the next five years.
The GDC, is located at the Free Trade Zone of Montevideo (capital of
Uruguay). The GDC at Uruguay will handle systems development, maintenance and
outsourcing, besides testing and certification of software produced by third
parties, especially Microsoft. The GDC will service most of the Latin American
Countries including Uruguay, Chile, Argentina, Brazil and Venezuela besides some
parts of the United States. Clients that will be actively serviced from the GDC
include BCI Bank, AIG, COMPAQ, and Eli Lilliy.
Speaking on the occasion, TCS CEO, Ramadorai said, "The inauguration of
the GDC at Uruguay is part of our broad strategy to come closer to customers in
the region and have a global workforce. Uruguay offers excellent talent source
to serve the Latin American market. TCS has already recruited 17 consultants and
we welcome them as part of the Tata family."
The global development center at Uruguay is the ninth overseas development
center of the company.