Dive into the tech & future
Tata Consultancy Services (TCS) is ‘not considering any layoffs,’ the multinational IT firm’s Chief Human Resources Officer (CHRO) has said, with his statement coming at a time when IT companies, including tech giants such as Google, Meta and Twitter, among others, have laid off employees over reasons such as cost-cutting, poor performance etc. Also Read … Read more
Generative AI models such as Open AI’s ChatGPT may hurt Indian IT companies in the short term, says a report by research firm JP Morgan. The report says that as generative AI is implemented more broadly, technology consulting companies like Accenture and Deloitte will gain market share over Indian IT companies like Infosys and Wipro … Read more
Tata Consultancy Services announced an expansion of its long-standing partnership with Phoenix Group, UK’s largest long-term savings and retirements provider, to digitally transform the latter’s ReAssure business using the TCS BaNCS based platform. This is TCS’ largest UK deal in three years.Phoenix Group acquired ReAssure, a UK-based life insurance provider, in 2020, and has now … Read more
Tata Consultancy Services (TCS) has been recognized as a ‘Leader and Star Performer’ in Everest Group’s PEAK Matrix for Finance and Accounting Outsourcing (FAO). The company has been named a Star Performer for demonstrating the most improvement year-on-year (YoY) over time on the PEAK Matrix.The report states that TCS posted the highest YoY growth in … Read more
Tata Consultancy Services (TCS) announced that Scotwest Credit Union, one of the largest credit unions in the UK, has enhanced its customer experience with TCS Customer Intelligence & Insights (CI&I), an AI-driven analytics software. Scotwest Credit Union was looking for a solution to predict customers’ propensity to default and take immediate preventive action. It selected … Read more