9.60 (0.30%) Tata Consultancy Services (TCS) has been selected by The British Broadcasting Corporation (BBC), the world’s leading public service broadcaster, to transform its finance and payroll functions, and manage the underlying application estate for greater agility and resilience.
Under the multi-year partnership, the company will leverage its contextual knowledge, proprietary platforms, partner ecosystem and future-ready talent pool to power the broadcaster’s media business model reimagination and drive growth. The partnership will entail managing individual processes across strategic as well as transactional finance operations, embedding digital technologies in them to improve efficiency, process velocity and process outcomes. Advanced analytics will provide insights that enable better and faster decision-making.
The company will leverage TCS Cognix, an AI-driven human-machine collaboration suite that provides pre-built, cloud-based modules leveraging AI, machine learning and intelligent automation, and which integrates well with point solutions from multiple partners. TCS will also provide application management and change delivery services for the broadcaster’s application estate supporting the finance, procurement and HR functions.
TCS 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.