Wednesday, July 29, 2026

TCS inks multi-year partnership with Norway-based Elopak ASA to transform its IT operations

Date:

Shares of Tata Consultancy Services Ltd. (TCS) gained on Wednesday, June 17, after the company announced a multi-year partnership with Elopak ASA to transform its IT operations.Elopak ASA is a global leader in paper-based packaging and filling equipment and operates in over 40 countries and serves customers in more than 70 markets, TCS said.

Under the partnership, TCS will be Elopak’s strategic IT partner, leading the transformation and management of its global IT through a process centric operating model, the company said. This will help Elopak’s IT operations be better aligned with the business priorities thereby improving agility, efficiency, and digital experience, it said.
TCS said it will leverage its AI-first approach and will deploy advanced analytics and automation capabilities, including its proprietary Cognix, an AI-powered future-ready service delivery suite of solutions built on its Machine First philosophy.The IT programme will support Elopak’s strategy to modernize its end-to-end IT services, including setting up an integrated service desk and upgrading key enterprise applications, TCS said.

“Through this partnership, we will help Elopak modernise its IT operations with AI, automation, and cloud, enabling greater agility, operational efficiency, and user experience across its global business,” Anupam Singhal, president-manufacturing, TCS, said.

Shares of TCS are trading 0.8% higher on Wednesday at ₹2,217. With this, the stock’s market capitalization is back above the mark of ₹8 lakh crore. This is the fourth straight day of gains for the stock.

Also Read: After ‘difficult’ 2026, UBS sees better days for Internet Cos, highlights preferred picks

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

US stock futures steady as Wall Street braces for Fed interest rate decision, Warsh presser

US stock futures traded in a narrow range on...

Zen Technologies shares tumble over 10% after weak Q1 earnings, margin pressure

Shares of Zen Technologies Ltd. fell more than 10%...

Rupee recovery explained: Why the currency gained 41 paise today

The Indian rupee opened stronger on Monday (July 27),...

Tax consultant made error in ITR filing: ITAT Chennai gives relief to taxpayer, waives ₹1.92 lakh penalty

यदि आप अपना आईटीआर किसी सीए या कर सलाहकार...