TCS expands Strategic Partnership with Kingfisher Plc of UK
Tata Consultancy Services has expanded its partnership with Kingfisher plc, to provide consolidated application management and infrastructure support services, to accelerate the retailer’s transformation to be a digital-first organization.
TCS has been a strategic application services partner to Kingfisher Plc since 2012 and has been leveraging its portfolio of business and technology services and solutions to enhance the retailer’s customer and colleague experience and help drive its growth and modernisation agenda across various lines of business.
Under this expanded partnership, TCS will use its Machine First™ Delivery Model (MFDMTM), to harness the power of machine learning and AI to improve agility, ensure faster speed to market and enhance operational resilience. This software will orchestrate data across the value chain and augment human teams, enabling best in class business systems operations and providing exponential business value.
Reacting to this, the stock of Tata Consultancy Services jumped 2.01 per cent and made an intraday high of Rs 2678.60 per share.
Tata Consultancy Services is a leading global IT services, consulting and business solutions organization and Kingfisher plc is a leading home improvement company in the UK and Europe.
At 12.30 pm today, the share of Tanla Platforms was trading at Rs 2652.70 per share on BSE, up by 1.01 per cent.