Some highlights from FY23 AR:
- Selected by Sainsbury’s, a leading supermarket retailer in UK, as its transformation partner to modernize its infrastructure landscape using TCS Enterprise Cloud™.
- Selected by AGL, Australia’s largest energy provider, as the partner for the Retail Next Program, which lays the foundation for their strategic business transformation into a multi-service retailer.
- Launched the TCS Quantum Computing Lab on AWS to help enterprises explore, develop, and test business solutions and accelerate the adoption of quantum computing, considered one of the most promising technologies of the decade. TCS will leverage the virtual research and development environment to design industry-leading solutions, build domain-centric performance benchmarks, and work with clients to co-create new use cases of quantum computing to tackle business challenges that defy the capabilities of conventional technologies.
- Enhanced its award-winning Quartz™ solution to enable central and commercial banks to support the entire lifecycle of Central Bank Digital Currency (CBDC) issuance, book-keeping and transactions.
- Partnered with BT Group, UK’s leading provider of fixed and mobile telecommunications, for its Digital Unit to boost its modernization plans. TCS will manage and ramp down over 70% of Digital’s legacy technology estate and boost its capacity to accelerate the build of its new strategic technology architecture, supporting the Group’s growth.
- Partnered with C&S Wholesale Grocers, Inc., to build a new cloud based operations platform to reduce the company’s carbon footprint and enhance the customer experience.
Using AI and machine learning, C&S’s new operations platform will monitor traffic patterns
and identify optimal distribution routes, thereby reducing food waste and achieving greater fuel efficiency.
Some of these partnerships are in emerging and futuristic technologies and do have a potential to trigger marginally higher revenue growth for few years.
BT Group has been struggling for quite some time, and if TCS can revamp their legacy applications and increase efficiency that could help turn around in BT Group future.
Disc : Invested.
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