TCS partners with Black Cat Engineering

Black Cat Engineering & Construction (BCEC), which is one of Qatar's largest EPC and maintenance contractor for the upstream oil and gas industry, has decided to form a strategic partnership with Tata Consultancy Services (TCS) in order to drive digital transformation and co-innovation strategy.

As part of the digital transformation strategy, TCS is set to enable BCEC for end-to-end business processes from tendering to construction, incorporating EPC industry best practices to design and implement an agile and intelligent multifunctional and multiservice solution on Oracle Cloud ERP, so as to integrate multiple disparate business function and eliminate data duplication and redundancy. The new cloud-based platform leverages Al, advanced analytics and predictive capabilities to help BCEC improve decision-making around its capital investment and vendor selection, reduce costs per invoice, shorten delivery cycle time and enhance HR data analysis and reporting capabilities with greater control and traceability. Furthermore, as BCEC's co-innovation partner, TCS has created an Al-powered solution for the procurement department that use a combination of learning models to automatically raise purchase requisitions by reading & processing data from complex process & instrumentation diagrams and piping classes.

A part of Tata group, TCS is an IT service, consulting and business solutions organisation.

On Thursday, the stock of the company closed at Rs 1,769.85, down by 9.45 per cent or Rs 184.70 per share. The 52-weeek high is Rs 2,296 and 52-week low is Rs 1,759.20 on BSE.