WASHINGTON and MUMBAI, India, April 27, 2016 /PRNewswire/ -- Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, will join the nation's top employers and industry thought leaders at the Global STEM Talent Summit on April 28, 2016, in Washington DC. The event is an outcome of three years of cross-sector efforts led by the STEM Innovation Task Force, co-chaired by TCS, which pioneered the STEM 2.0TM model and built market platforms such as the STEM Career Accelerator Day and Global STEM Talent Summit to offer innovative solutions in tackling the STEM talent gap in the U.S. and globally.
"Business leaders have set the tone by ramping up investments and engagement in STEM education," said Edie Fraser, Chief Executive Officer of STEMconnector®. "Now we're shifting our focus to preparing the long-term talent pool necessary to drive innovation and economic growth."
The Summit is led by STEMconnector®, the leading organization working with industry, higher education, NGOs, and the public sector to provide critical resources to develop smart STEM (Science, Technology, Engineering, and Mathematics) investments. The event serves as a platform for discussion, sharing best practices in STEM talent development strategies and taking collective action to drive scale, speed and action. The outcome of the Summit will be STEMconnector® and 25 corporate partners outlining a strategic roadmap to drive sustainable impact and deliver tangible solutions to close the STEM skills gap in the US.
"The STEM skills challenge can be solved if we broaden the base of interested American students, increase persistence and retention from K-12 to college, and create career readiness for a truly diverse workforce," said Surya Kant, President of North America, UK and Europe, TCS. "These steps are critical in order to foster far broader digital fluency, innovation excellence and industry specific and employability skills to meet the business needs of the 21st century workplace."
"The Global STEM Talent Summit is a major industry-led step seeking to solve the STEM talent deficit that exists in the U.S. and across the world," added Dr. Heidi Kleinbach-Sauter, Senior Vice President of R&D, PepsiCo and Chairwoman of the Global STEM Talent Summit. "It is now critical for the private sector to convene and create an actionable plan to future proof economic growth."
Careers in STEM disciplines provide a unique opportunity for gender diversity, wage equity, economic growth, and social prosperity. Last year, 600,000+ high-paying tech jobs across the U.S. were unfilled, and by 2018, 51 percent of all STEM jobs are projected to be in computer science fields. Computer and data science are important for the tech sector and many other industries. Such occupations are among the highest-paying jobs for new graduates, yet fewer than three percent of U.S. college students graduate with a degree in computer science.
The 2016 STEMconnector® strategic partners include Apollo Education Group, APCO Worldwide, AT&T, BAE Systems, BP, Burning Glass, Carnival Corporation, Cengage Learning, Centene Corporation, Cigna, Dassault Systems, Deloitte, FedEx, Gallup, Honeywell, Hope Street Group, Johnson & Johnson, Microsoft, Monsanto, Monster, PepsiCo, Smiths Group, Sodexo, Tata Consultancy Services, and Walmart.
Announcing the 100 CEO Leaders in STEM
At the Global STEM Talent Summit, STEMconnector® will release "100 CEO Leaders in STEM," a publication that highlights the exceptional leaders contributing to the advancement of STEM careers around the world. Natarajan Chandrasekaran, CEO and Managing Director of TCS, will be featured in the publication, which showcases the commitment, initiatives and values of 100 CEOs and their companies in actively working towards a strong talent pipeline.
About STEMconnector®
STEMconnector® is a consortium of companies, associations, societies, policy organizations, government entities, universities and academic institutions concerned with STEM education and the future of human capital. With several products and services, STEMconnector® is both a resource and a service, designed to link "all things STEM." STEMconnector's network includes organizations at the global, national, state and local levels. STEMconnector® focuses on the STEM workforce and jobs, with a particular emphasis on diversity and women. Our work spans the entire pipeline (Kindergarten to Jobs) and how STEM education experiences translate into careers.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS,infrastructure, engineering and assurance services. This is 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 353,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $16.5 billion for year ended March 31, 2016 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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