{"id":1243660,"date":"2023-03-12T15:01:30","date_gmt":"2023-03-12T09:31:30","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1243660"},"modified":"2023-03-12T15:04:52","modified_gmt":"2023-03-12T09:34:52","slug":"tcs-is-about-to-close-a-mega-deal-worth-rs-8000-crore-with-marks-spencer","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/tcs-is-about-to-close-a-mega-deal-worth-rs-8000-crore-with-marks-spencer\/","title":{"rendered":"TCS Is About To Close A Mega-Deal Worth Rs 8000 Crore With Marks & Spencer"},"content":{"rendered":"\n

India\u2019s largest IT firm, Tata Consultancy Services (TCS) is on the verge of closing one of the year’s largest deals worth $1 billion with Marks & Spencer (M&S), which is a British retail firm.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Over the period of next weeks, the deal shall be closed<\/a>.\u00a0<\/p>\n\n\n\n

People privy to the development said that TCS is also working towards renewing their existing five-year engagement with the UK-headquartered company.<\/p>\n\n\n\n

1 Billion$ Deal of M&S for BPS & Digital Transformation<\/strong><\/p>\n\n\n\n

The report said that the new deal may include payments for business process services and digital transformation programmes.<\/p>\n\n\n\n

Spread out over a duration of 8\u201310 years, these engagements are likely to be long-term arrangements.<\/p>\n\n\n\n

Now this deal is significant and historic in the pretext of the approach companies across the world have taken with regard to their technology-related expenditures in these economic downturn.<\/p>\n\n\n\n

It is since 2018, that TCS and M&S have been strategic partners. Earlier, TCS provided human resource solutions for the retailer. <\/p>\n\n\n\n

The report said that M&S designated TCS as a strategic partner because of the role that the company played in the migrating to a new technology model.<\/p>\n\n\n\n

It was in last year in the month of July that a multi-year, multi-million-dollar agreement was signed by TCS with M&S.<\/p>\n\n\n\n

The deal was aimed at transforming the British retailer’s human resource operations.<\/p>\n\n\n\n

The latest deal is significant as it involves working on the Oracle supply chain management platform.<\/p>\n\n\n\n

In order to facilitate a complete view of its product line and inform system operations and planning, TCS used Microsoft’s Azure Databricks technology. <\/p>\n\n\n\n

Marks & Spencer<\/strong><\/p>\n\n\n\n

Headquartered in Paddington, London, Marks and Spencer is a major British multinational retailer that specialises in selling clothing, beauty, home products and food products.<\/p>\n\n\n\n

Listed on the London Stock Exchange in FTSE 250 Index, it was earlier in the FTSE 100 Index from its creation until 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

India\u2019s largest IT firm, Tata Consultancy Services (TCS) is on the verge of closing one of the year’s largest deals worth $1 billion with Marks & Spencer (M&S), which is a British retail firm. Over the period of next weeks, the deal shall be closed.\u00a0 People privy to the development said that TCS is also […]<\/p>\n","protected":false},"author":26,"featured_media":1243680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[1091,92],"class_list":["post-1243660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-it-deals","tag-tcs"],"acf":[],"yoast_head":"\nTCS Is About To Close A Mega-Deal Worth Rs 8000 Crore With Marks & Spencer - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/tcs-is-about-to-close-a-mega-deal-worth-rs-8000-crore-with-marks-spencer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TCS Is About To Close A Mega-Deal Worth Rs 8000 Crore With Marks & Spencer - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"India\u2019s largest IT firm, Tata Consultancy Services (TCS) is on the verge of closing one of the year’s largest deals worth $1 billion with Marks & Spencer (M&S), which is a British retail firm. 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