Jan 15: Tech major Tata Consultancy Services on Monday announced an expanded strategic technology partnership with Marks and Spencer Plc to enable the iconic retailer to become a digital-first business.
As part of M&S’ five-year plan to transform its business, the retailer aims to make its technology function deliver more commercial opportunities. TCS will be M&S’ principal technology partner and drive agility, intelligence, and innovation and efficiency to transform the retailer’s customer experience and drive growth of M&S’ business. TCS will transition M&S to a new technology operating model, which embraces the agile mind-set to transform business and IT strategy, aligned with rapid technology innovation to meet fast changing business priorities.
According to Steve Rowe, CEO, M&S, “this new partnership will being the best of TCS capabilities to M&S. We will join our expertise to unlock the potential for technology to drive our digital-first transformation and accelerate growth of our business. Through our technology transformation programme, our business will be faster, simpler and more focused on achieving a seamless customer experience.”
TCS shares closed trading in red at Rs 2,747.20, down 0.93% from the previous closing of Rs 2,772.90, on BSE today.