Tata Consultancy Services’ Future-Ready HR Offerings Help HR Organizations Enhance their Workforce Performance, Engagement and Experience to Boost Growth While Containing Costs
NEW YORK | MUMBAI, January 29, 2024: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been recognized as a Leader and a Star Performer in Everest Group’s PEAK Matrix® for Multi-Process Human Resources Outsourcing (MPHRO) Services.
The report highlights that TCS has signed one of the highest number of new deals in 2022 resulting in a strong growth of its MPHRO practice. It also mentions that TCS has received the highest overall client satisfaction rating among all service providers assessed. It further goes on to state that TCS has significantly enhanced its Cognix™ suite of pre-built digital solutions facilitating agile deployment for clients. The report also acknowledges TCS’ expertise in handling large complex transformation projects as well as its continued focus on driving better employee experience.
“The ongoing technological and social shifts have brought about a marked change in the way enterprises and people work. Organizations are reshaping their workforce and workplace needs, creating exceptional experiences and engagement outcomes that boost growth and innovation while meeting sustainability and efficiency imperatives. TCS has been helping many HR organizations in this effort, equipping them with innovative strategies to redefine the future of work through Cognix™ powered digital transformation programs,” said Ashok Pai, Global Head, Enterprise Cognitive Business Operations, TCS. “This recognition is a reflection of our vision, future-ready capabilities, investments in technology and the resultant market success.”
TCS’ future-ready human resource offerings help enterprises transform their HR functions by leveraging the power of data, technology and human-centered design to deliver tangible business outcomes and new streams of value creation.
TCS offers a comprehensive portfolio of HR offerings spanning recruitment, talent, payroll, wellbeing and training well-supported by strong consulting and technology capabilities. It boasts of a strong digital ecosystem powered by TCS Cognix and includes both in-house as well as third-party technology solutions to drive accelerated transformation for clients.
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.
“TCS has created a strong client portfolio across multiple industries by leveraging its value driven HR offering. It has invested in its Cognix™ platform to develop digital solutions for smoother and faster digital transformation and implementation, built a robust partnership ecosystem focusing on employee experience, and amplified the next-generation technology solutions to support its clients,” said Priyanka Mitra, Vice President, Everest Group. “TCS’ global delivery presence, robust addition in client logos, and comprehensive technology stack have helped it to achieve a market leading growth rate in FY2021-22, resulting in it to solidify its presence in the market and resulting in it being placed as a Leader and a Star Performer on Everest Group’s MPHRO PEAK Matrix® Assessment 2023.”