Leading the way in innovation for over 50 years, we build greater futures for businesses across multiple industries and 131 countries.
Our expert, committed team put our shared beliefs into action – every day. Together, we combine innovation and collective knowledge to create the extraordinary.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
Vikramjit Grewal
Director Strategic Solutions, TCS
L.C. Manoj
Solutions Architect, Strategic Solutions, TCS
Being resilient and adaptable are key to managing the fallout of the COVID-19 crisis. As organizations adopt remote ways of working and strengthen their business continuity plans to meet immediate business requirements, they are re-examining their vendor landscape. This crisis has highlighted the perils of dealing with too many small vendors – mainly higher costs, increased exposure to risk and a slower pace of digital adoption. Organizations are now looking to re-imagine their relationship with sourcing vendors to drive digital transformation. There are three areas of improvement that organizations are looking at:
• Rapid cost takeout
• Pandemic-proof resilience
• Accelerated digital transformation
Rationalizing and consolidating multitude of vendors, however, is a complex task. It involves managing a smooth transfer of knowledge, calibrating the speed of transition and change management. A phased approach is key to realizing the benefits of vendor consolidation.