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JDAS Jda Software Grp., Inc. (MM)

45.18
0.00 (0.00%)
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Last Updated: 01:00:00
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Share Name Share Symbol Market Type
Jda Software Grp., Inc. (MM) NASDAQ:JDAS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 45.18 0 01:00:00

JDA Software and Tata Consultancy Services Announce Global Alliance

11/08/2010 1:00pm

Business Wire


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JDA® Software Group, Inc. (NASDAQ: JDAS), The Supply Chain Company®, and Tata Consultancy Services (TCS), today announced a global alliance designed to help customers drive high performance within their organizations through the delivery of world-class solutions and services. The alliance spans all geographic regions and target industries.

The alliance brings together JDA’s industry-leading supply chain management, merchandising and pricing management solutions and services and TCS’ leadership in business consulting, IT and BPO services. As a result, JDA and TCS will work more closely together to help companies achieve a faster and greater return on their JDA solutions investments leveraging TCS’ global reach, deep understanding of customer business and IT environments, and strong program management and governance capabilities.

“A key component of JDA’s corporate strategy is to drive growth and customer success with and through our expanding network of alliance program members,” said Mark Nation, group vice president of Global Alliances, JDA Software. “We are truly excited to have TCS as a Global Alliance Partner, and we’re confident our mutual customers will gain significant value through JDA’s best-in-class supply chain solutions, coupled with TCS’ industry-leading engagement model and commitment to delivering client success.”

“TCS is always looking to add value to our customers and this relationship with JDA, a leader in supply chain solutions, will help us deliver that value,” said K. Jayaramakrishnan, vice president of Global Alliances, TCS. “TCS continues to deliver on its promises for customers around the world and we are confident that this alliance will help provide our customers an experience of certainty and the competitive edge they need to succeed in the market.”

About JDA Software Group, Inc.

JDA® Software Group, Inc. (NASDAQ: JDAS), The Supply Chain Company®, is a leading global provider of innovative supply chain management, merchandising and pricing excellence solutions. JDA empowers more than 6,000 companies of all sizes to make optimal decisions that improve profitability and achieve real results in the discrete and process manufacturing, wholesale distribution, transportation, retail and services industries. With an integrated solutions offering that spans the entire supply chain from materials to the consumer, JDA leverages the powerful heritage and knowledge capital of acquired market leaders including i2 Technologies®, Manugistics®, E3®, Intactix® and Arthur®. JDA’s multiple service options provide customers with flexible configurations, rapid time-to-value, lower total cost of ownership and 24/7 functional and technical support and expertise. To learn more about JDA Software, please visit www.jda.com, e-mail info@jda.com.

About Tata Consultancy Services (TCS)

Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model, recognized as the benchmark of excellence in software development. A part of the Tata Group, India’s largest industrial conglomerate, TCS has over 160,000 of the world’s best trained IT consultants in 42 countries. The company generated consolidated revenues of over USD $6.3 billion for fiscal year ended 31 March 2010 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit www.tcs.com.

This press release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as “can,” “will,” “ensure,” “help,” “enable” and “expect” and other words with forward-looking connotations. In this press release, such forward-looking statements include, without limitation, Mr. Jayaramakrishnan’s comment that this alliance will help provide our customers an experience of certainty and a competitive edge, and Mr. Nation’s remark that he expects our mutual customers will gain significant value as a result of the JDA relationship with TCS. The occurrence of future events may involve a number of risks and uncertainties, including, but not limited to: (a) our solutions may not perform exactly as we anticipate; (b) there may be implementation and integration problems associated with our solutions; and (c) other risks detailed from time to time in the “Risk Factors” section of our filings with the Securities and Exchange Commission.

“JDA” is a trademark or registered trademark of JDA Software Group, Inc. Any trade, product or service name referenced in this document using the name “JDA” is a trademark and/or property of JDA Software Group, Inc.

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