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BUSINESS

TCS Wins Deal From Jet Maker Bombardier

TCS is an IT services, consulting and business solutions organisation.

The IT major TCS will help Bombardier drive its organisation-wide IT and digital transformation to increase agility. Tata Consultancy Services (TCS) has been selected by global aviation leader Bombardier as a strategic partner to accelerate its digital transformation and drive innovation.

Bombardier is a global leader in aviation, dedicated to designing, manufacturing and maintaining the world’s finest business jets.

TCS will modernise the aerospace leader’s legacy systems to support its engineering, manufacturing, aftermarket and defence activities. In addition, TCS will transform Bombardier’s IT operating model using data, artificial intelligence, machine learning and cloud services to enhance agility, resilience and user experience.

TCS is an IT services, consulting and business solutions organisation. It offers a consulting-led, cognitive-powered, integrated portfolio of business, technology and engineering services and solutions.

On a consolidated basis, the net profit of TCS hit a high of 3.98% to Rs 10,846 crore on a 5.28% rise in net sales to Rs 58,229 crore in the October-December quarter of FY23 over July-September of FY23. Yearly, the net profit of IT hit a high of 11.02%, and net sales hit a high of 19.11% in the October-December quarter of FY23.

Yesterday, TCS’s shares went down 0.54% to Rs 3,372.40.

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