Tata Communications Ltd signed 20 million US dollars deal with KION Group

Feb 6, 2015 18:17 IST

Tata Communications Ltd on 6 February 2015 signed a 20 million US dollars multi-year deal with Germany-based KION Group to provide global Wide Area Network (WAN) services to the 280 sites of KION across 30 countries.

As part of the deal, Tata Communications will replace the KION Group’s existing stable of multiple WAN providers with a single global network. The deal will allow end users to get faster services with better data management through the Tata Communications WAN platform.

The network will run on Tata Communications cloud-based security solution. The KION Group will also have direct access to internet-based applications, improving both user experience and cost effectiveness.

The new network will also help KION Group to execute its strategy 2020 plan to create economies of scale across the entire group with its six global and regional brands.

KION Group
• The KION Group is the European market leader and the world's second largest global manufacturer of forklift trucks and warehouse technology.
• The KION Group has a global presence with its six brand companies. The Linde and STILL brands serve the premium segment worldwide, while Baoli focuses on the value and economy segments.
• Its Fenwick Brand is the material-handling market leader in France, OM STILL is a market leader in Italy and Voltas is one of the two market leaders in India.

Is this article important for exams ? Yes34 People Agreed
Read more Current Affairs on: Tata Communications , KION Group , wide area network services

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