New York: Tata Consultancy Services (TCS) is expanding its relationship with IBM to cross-sell each other's products and services, the company has announced.

Under this agreement, TCS will train its employees and create focused solutions using IBM hardware and middleware platforms. The two companies will market each other's products and services in key vertical markets such as banking, financial services, insurance, telecommunications, retail and manufacturing.

This relationship, TCS said, will enhance its delivery capabilities in several areas, including portals, security, and on-demand computing. IBM will gain opportunities to reach new markets and grow market share for its hardware and middleware technologies.

TCS is part of IBM's ISV Advantage initiative which enables TCS to migrate its products and solutions to IBM platforms.

"This expanded global agreement builds on two decades of collaboration with the world's largest Information Technology company and will reinforce our business transformation strategy that helps companies determine how they can perform most efficiently and effectively," said N Chandrasekaran, executive vice president of TCS.

"When two global leaders such as TCS and IBM combine forces, customers receive a powerful new base of human and technology resources that produces high quality results at lower cost and enables faster deployment," he added.