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TCS gains on inking multinational deal with Salling Group
TCS gains on inking multinational deal with Salling Group

Business Standard

time11 hours ago

  • Business
  • Business Standard

TCS gains on inking multinational deal with Salling Group

Tata Consultancy Services (TCS) rose 1.61% to Rs 3,502.60 after the company announced a long-term strategic partnership with Salling Group to drive sustainability, technological innovation, and improve organizational efficiency. According to an exchange filing, the partnership will cover Salling Groups operations across 2,100 stores and brands, involving 68,000 employees across Denmark, Poland, Germany, Estonia, Lithuania, and Latvia. The collaboration will include major retail brands and franchises under Salling Group, such as BR (a nationwide toy store chain), quick-service restaurants Carls Jr. and Starbucks, as well as grocery chains fex, Bilka, Netto, and RIMI Baltic. As part of this partnership, TCS will help the Salling Groups cloud adoption journey and subsequently stabilize the operations with the aim of driving more agility, scalability, and sustainability. Additionally, TCS will support the retail groups digital transformation, focusing on enhancing the e-commerce platform to be more responsive to the evolving consumer demands. TCS plans to deploy its AI-powered cloud operations solution, Cloud Exponence, to support the initiative. The platform uses a Machine First approach and optimizes machine-human collaboration to deliver smart managed services in hybrid cloud environments. Through the power of AI and intelligent automation of operational tasks, along with built-in security and compliance, the solution reduces cloud management overheads, offers a consistent service delivery experience and provides full-stack infrastructure services. The company said it had a strong presence in Denmark for the past 30 years. Currently, over 20,000 TCS employees support leading enterprises in the Nordics, driving growth and transformation for some of the regions top multinationals in sectors such as banking, financial services, insurance, telecom, and hi-tech. Additionally, TCS in Denmark has ranked #1 in customer satisfaction by an independent survey and has also been recognized as a Top Employer by the Top Employers Institute. Alan Jensen, CIO, Salling Group, said, At Salling Group, everything we do is ultimately to help make our customers lives better. This project is no exception. Our partnership with TCS will help us better respond to their changing needs and do so responsibly and sustainably. This partnership helps us drive our Aspire 28 strategy that includes goals of more stores, acquisitions and mergers in existing and new markets. Vikram Sharma, Country Head, TCS Denmark, said, Salling Group is an esteemed and successful retail group with a century long legacy, playing a vital role in the Danish community and across Europe. We are thrilled to be selected as their strategic IT partner, in their journey to perpetually adapt to the evolving needs of the customers. We will bring our global retail experience and technical prowess to help Salling Group build resilience and unlock new technologies to help drive their strategic goals. Abhijit Niyogi, VP and Business Unit Head, RetailUK, EMEA and India, TCS, said, Were proud to partner with Salling Group and support the journey towardstheir Aspire28 vision and many more years of sustainable growth. We are committed to their long-term success and bringing our deep retail expertise and track record of helping global enterprises innovate, transform, and grow. Together, were building an agile and sustainable operations that also offers smarter, scalable omnichannel experiences to meet the evolving expectations of consumers. Tata Consultancy Services (TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide. On a consolidated basis, TCS reported a 1.26% decline in net profit to Rs 12,224 crore while revenue from operations rose 0.79% to Rs 64,479 crore in Q4 March 2025 over Q3 December 2024.

TCS, Salling Group partner for IT transformation, AI-based cloud migration
TCS, Salling Group partner for IT transformation, AI-based cloud migration

Business Standard

time15 hours ago

  • Business
  • Business Standard

TCS, Salling Group partner for IT transformation, AI-based cloud migration

Tata Consultancy Services (TCS) on Monday said it has entered a long-term strategic partnership with Denmark's largest retailer, Salling Group, to support its digital transformation and AI-enabled cloud migration. The collaboration will cover Salling Group's 2,100 stores and 68,000 employees across Denmark, Poland, Germany, Estonia, Lithuania, and Latvia, including brands such as toy store chain BR, franchise quick-service restaurants Carl's Jr. and Starbucks, grocers ftex, Bilka, Netto, and RIMI Baltic, according to a company statement. "TCS will help the Salling Group's cloud adoption journey and subsequently stabilise the operations with the aim of driving more agility, scalability, and sustainability. "Additionally, TCS will support the retail group's digital transformation, focusing on enhancing the e-commerce platform to be more responsive to the evolving consumer demands," it said. TCS will deploy its AI-enabled cloud operations solution, Cloud Exponence, to deliver smart managed services in hybrid cloud environments and improve operational efficiency. "At Salling Group, everything we do is ultimately to help make our customers' lives better. This project is no exception. "Our partnership with TCS will help us better respond to their changing needs and do so responsibly and sustainably. This partnership helps us drive our 'Aspire 28' strategy that includes goals of more stores, acquisitions and mergers in existing and new markets," Alan Jensen, CIO at Salling Group, said.

Ratan Tata's favorite company enters in BIG partnership with…, will cover 2100 stores, 68000 employees across…
Ratan Tata's favorite company enters in BIG partnership with…, will cover 2100 stores, 68000 employees across…

India.com

time17 hours ago

  • Business
  • India.com

Ratan Tata's favorite company enters in BIG partnership with…, will cover 2100 stores, 68000 employees across…

Late Ratan Tata- File image Tata Consultancy Services (TCS) announced on Monday a long-term strategic partnership with Denmark's largest retailer, Salling Group, to lead its digital transformation and AI-powered cloud migration initiatives. The collaboration will be done for Salling Group's network of 2,100 stores and 68,000 employees across Denmark, Poland, Germany, Estonia, Lithuania, and Latvia. This will be for brands like toy retailer BR, franchise quick-service restaurants Carl's Jr. and Starbucks and also for grocery chains føtex, Bilka, Netto, and RIMI Baltic, according to a company statement. 'TCS will help the Salling Group's cloud adoption journey and subsequently stabilise the operations with the aim of driving more agility, scalability, and sustainability. 'Additionally, TCS will support the retail group's digital transformation, focusing on enhancing the e-commerce platform to be more responsive to the evolving consumer demands,' it said. 'At Salling Group, everything we do is ultimately to help make our customers' lives better. This project is no exception. 'Our partnership with TCS will help us better respond to their changing needs and do so responsibly and sustainably. This partnership helps us drive our 'Aspire 28' strategy that includes goals of more stores, acquisitions and mergers in existing and new markets,' Alan Jensen, CIO at Salling Group, said. (With Inputs From PTI)

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