TCS new multi-year partnership

    Tata Consultancy Services (TCS) has forged a multi-year alliance with the British retail powerhouse, Asda, in order to facilitate its digital transformation and IT framework after its separation from Walmart. At 12:52 pm, TCS shares were trading at Rs 3,489 each on the BSE, marking a 0.7 percent decline from its previous closing value. This collaboration will harness TCS' expertise in cloud, AI, and security solutions to support Asda's seamless and secure transition, elevate the customer experience, and foster innovation for an expanded market share and competitive pricing strategy. 

    TCS is set to establish a fresh digital core for Asda by integrating cloud-based ERP platforms, elevating processes in supply chain, HR, warehousing, and e-commerce. Additionally, they will implement automated IT operations through the Machine First Delivery Model, ultimately enhancing experiences for both employees and customers. Carl Dawson, Chief Digital and Technology Officer at Asda Stores, expressed confidence in TCS' ability to introduce cutting-edge technologies that will significantly enhance the experience for both employees and customers. 

    "We will leverage the power of data and AI, and deliver innovative, industry-leading retail technology solutions to transform their core retail operations, employee experience, supply chain and create opportunities for new business models.

     Leveraging TCS’ deep contextual knowledge, next-gen retail technology solutions and industry experience, we will help them build a new future-ready digital stack to support their growth and transformation ambitions,” explained Abhijit Niyogi, Business Head, Retail – UK & Europe, TCS.