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Tata Consultancy Services equips HR organizations with innovative strategies to redefine the future of work and elevate human experience leveraging its future-ready offerings and its human-machine collaboration suite - Cognix™ for HR
NEW YORK | MUMBAI, November, 2024: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been recognized as a Leader in Everest Group’s Multi-process Human Resources Outsourcing (MPHRO) Services PEAK Matrix® Assessment 2024.
TCS is one of the five Leaders named in this report and is rated amongst the Top 2 providers for its market impact as well as its vision and ability to deliver services successfully. This recognition reflects TCS’ strong consult-to-operate capabilities across end-to-end HR, its HR expertise, industry-specific HR solutions, widespread delivery footprint and technology solutions powered by TCS Cognix™ enabling it to drive large scale transformations and business outcomes for its clients.
The report acknowledges TCS for its efforts in expanding its AI-based solutions with use cases across learning, recruitment and workforce planning. The report further states that TCS’ referenced buyers have appreciated TCS’ strong implementation and transition management capabilities, and their ability to provide solutions aligned to complex customer requirements.
“As businesses continue to evolve and transform, CHROs are looking to usher in new ways of work, steering their organizations towards growth and success. TCS’ future-ready HR proposition led by Cognix™ enables CHROs to expand their influence and unlock value by leveraging the transformative power of technologies like Generative AI and AI to augment human experiences” said Ashok Pai, Senior Vice President & Global Head, Enterprise Cognitive Business Operations,TCS. “This recognition is a reflection of our market success and our continued efforts to accelerate digital adoption for our clients, helping them realize their forward-looking goals”.
“TCS’s positioning as a Leader on the Multi-process Human Resources Outsourcing (MPHRO) Services PEAK Matrix® 2024 is an outcome of its investments in technology, focused on new-age digital levers and expansion of capabilities to serve the emerging geographies beyond the mature markets,” says Priyanka Mitra, Vice President at Everest Group. “It has demonstrated incremental improvements in its capabilities to serve its buyers with investments such as generative AI and solutions for talent management, along with forging partnerships to enhance its HRO capabilities. Its holistic HR and digital capabilities are suitable for enterprises as they look to make their HR operations seamless.”
TCS brings in a unique approach to clients’ HR transformation needs by combining its advisory, technology and operations expertise, supported by contextual know-how, strong digital ecosystem and a future-ready talent pool. It offers comprehensive services across the hire-to-retire cycle spanning Recruitment and onboarding, Learning and development, Payroll, Compensation and benefits, Performance management, Rewards and recognition, Employee administration, Reporting and Compliance.
TCS help clients re-invent their HR function and transform to a best-in-class operating model with their strong HR advisory practice and team of skilled professionals. Its consulting services include HR function design and optimization that include assessment of current HR processes, maturity analysis, gap identification, process re-design and implementation, New organizational design for business strategy, Strategic workforce planning, Talent strategies and transformation to name a few. TCS also offers industry-leading ERP solutions built with our own proprietary platforms as well as leading ERP providers helping organizations with end-to-end technology implementation services.
TCS Cognix™ brings in a differentiated approach to digital transformation with its host of ready-to-use, outcome-focused digital solutions. Using these solutions, clients can quickly embed technologies like AI, Generative AI, analytics, and automation into their HR operations to enable digital engagement, intelligent decision-making and boundaryless collaboration. The transformed HR operating model delivers superior outcomes related to employee experience, cost to serve, revenue per hire, time to onboard, and compliance.