More than 430 new employees have been welcomed in St. Petersburg, Florida, as part of its groundbreaking agreement with Transamerica to transform the administration of its U.S. insurance and annuity business lines from Tata Consultancy Services.
Occupying several floors of Transamerica’s building at 570 Carillon Parkway in St. Petersburg, Tata Consultancy Services have a multi-year agreement with Transamerica to rapidly enhance its digital capabilities and to simplify the service of more than 10 million policies into an integrated modern platform. Additionally the project also aims to drive growth opportunities through superior customer service. As a part of the deal more than 430 of the former Transamerica employees will now work for Tata Consultancy Service.
According to Governor Rick Scott, Governor of Florida, USA:
“This is great news, not just for St. Petersburg, but for all of Florida. Through tax cuts and our business-friendly environment, Florida continues to attract and grow world-class businesses like TCS that create jobs for our families and have a positive impact on our communities. The Tampa Bay area is one of the fastest growing areas of our state and is a leader in demand for STEM jobs.”
The new St. Petersburg office is a new USA business center for TCS which intends to add 1000 plus employees who are already serving in American businesses throughout Florida. Tata Consultancy Service also plans to expand its flagship goIT education program, which was successfully launched last year in St. Petersburg. The former mentioned goIT education program has been inspiring underserved youth to explore app development, design thinking and technology careers since 2008.
Tata Consultancy Service also intends to launch Ignite My Future in School program to Florida. This program essentially provides free professional development and resources for educators to integrate computational thinking – a foundational skill for 21st century careers – into core subjects and intends to reach 20000 educators and one million students over five year period.
Suresh Muthuswami, President and Global Head, Banking, Financial Services and Insurance Platforms, TCS said the following regarding the new development:
“We are excited to welcome more than 430 Floridians to our workforce and new office building in St. Petersburg as we continue to invest in the best local talent and increase our presence across the great state of Florida. TCS is a leading industry employer in the U.S., striving to help American companies like Transamerica to digitally transform their business and capitalize on rapidly evolving customer demands. We look forward to partnering with St. Petersburg’s city, state and local organizations to further build upon our business and community impact.”
Tata consultancy Service has invested nearly $3 billion in the past three years in the USA and is ranked top two IT services job creators in the USA. Additionally, it is also listed as one of America’s 50 most community-minded organizations that engages nearly two million Americans through its extensive nationwide STEM education programs, academic partnerships and endowments to schools such as Carnegie Mellon University, Cornell Tech and Massachusetts Institute of Technology
About Tata Consultancy Services Ltd. (TCS)
Headquartered in Mumbai, India, Tata Consultancy Services is an IT services, consulting and business solutions organization that partners with many of the world’s largest businesses in their transformation journeys. Subsidiary of Tata Group, Tata Consultancy Services offers a consulting-led, Cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. Tata Consultancy Services employs around 394000 of the world’s best trained consultants in 46 countries over the world.