TCS has bagged a deal from Marks & Spencer (M&S) to enable it become a digital-first business. The deal value is not yet disclosed by the company.

Under the deal, TCS will become a principal technology partner for the retailer. M&S has a 5 year plan for transforming its business by making technology function deliver more commercial opportunities.

Rajesh Gopinathan, TCS chief executive and managing director stated, “TCS will help the customer adopt a digital-first mind-set to win new customers and create growth at accelerated pace.”

Furthermore,  TCS will move M&S to a new technology operating model, which embraces the agile mindset to transform business and IT strategy, aligned with rapid technology innovation to meet fast changing business priorities.

Read EquityPandit’s Technical Analysis of TCS Outlook for the Week