66.45 (3.02%) Tata Consultancy Services (TCS) and Celonis have partnered to help customers streamline their business processes for greater operational resilience and efficiency.TCS will help customers adopt process mining to analyze processes, identify bottlenecks and exceptions, and optimize or redesign them with a greater leverage of intelligent automation. Process mining entails extraction of granular event data from the enterprise’s systems of records to reconstruct and visualize process flow across the enterprise, and use the power of analytics and machine learning to gain insights that can be used for process optimization and redesign.
The partnership will leverage Celonis’ Process Mining platform, which provides automated process discovery, mapping, control, and optimization capabilities, to target a broad range of areas such as finance and accounting, supply chain, procurement, human resource, customer service and industry-specific processes.
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.