Tata Consultancy Services (TCS) has signed a multi-million dollar contract with the UK’s largest retailer to transform its digital supply chain and enhance customer experience.
The partnership will leverage TCS’s AI-driven platform, ‘Cognix’, to optimize inventory management and real-time tracking across 2,000+ stores. The deal is expected to contribute significantly to TCS’s revenue growth in the UK market.
K. Krithivasan, CEO of TCS, mentioned that this agreement strengthens the company’s position as a preferred technology partner for global retail giants. The project will involve over 1,500 TCS consultants working across India and the UK.
Following the news, TCS shares rose 2.8% on the BSE, outperforming the benchmark Sensex. Analysts believe this deal highlights the resilience of Indian IT service providers despite global macroeconomic headwinds.
The project is slated to be implemented in phases over the next three years, with the first phase of digital integration expected to go live by mid-2025.
