TCS’ Optumera™ Wins AIconics Award for Best Application of AI in the Enterprises

TCS AI powered Merchandise Optimization Suite Recognized for its Ability to Utilize AI to Obtain Strategic Insights that Provide Business Value to Retailers

NEW YORK | MUMBAI, October 23, 2018: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, today announced that its Optumera^TM, an AI powered merchandise optimization suite has been recognized as the ‘Best Application of Artificial Intelligence in the Enterprise’ by The AIconics, the world-renowned awards celebrating the drive, innovation and hard work in the international Artificial Intelligence for Business Community.

TCS Optumera^TM leverages the power of AI to localize and right-size store space, curate shopper centric omni-channel assortment, pre-empt competitor pricing strategies real-time, and enable optimal price recommendations and automate planogram compliance and gap scan through image processing.

“Optumera^TMhas been instrumental in helping Fortune 500 companies drive strategic growth and digitally transform their companies into Business 4.0 enabled enterprises,” said Pratik Pal, President Retail, CPG and TTH, TCS. “This award from The Alconics is a testimony to our deep contextual knowledge and sustained commitment to building innovative AI solutions that unlock exponential value for our customers.”

The AIconics awards were held in San Francisco on September 18, 2018, featuring more than 300 entries in six categories, and award winners being recognized as industry leaders across a broad spectrum of AI technologies. The awards were part of The AI Summit San Francisco, the leading and biggest AI for Enterprise event.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, Cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 411,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $19.09 billion for year ended March 31, 2018 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.

TCS media contacts

Corporate Communications & India

corporate.communications@tcs.com

saxena.kritika@tcs.com

+91 22 6778 9999

shreya.bhandary@tcs.com

+91 22 67789098 

Asia Pacific

y.tham@tcs.com

+65 9720 9005

Canada

tiffany.fisher@tcs.com

+1 416 456 7650

Latin America

alma.leal@tcs.com

+521 55 2095 6098

Australia and New Zealand

francesca.newby@tcs.com

+61 414 902 440

Europe

roland.bagen@tcs.com

+46 70 3178024

Japan

douglas.foote@tcs.com

+81 80 2115 0989

Middle East & Africa

pragya.priyadarshini@tcs.com

+971 528656700

UK

priyanka.mehta@tcs.com

+44 7921493382

USA

andrew.corcione@tcs.com

+1 646 617 8221

TCS is here to make a difference through technology.

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TCS is here to make a difference through technology.

We deliver excellence and create value for customers and communities.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Global knowledge. Local support

TCS’ Optumera™ Wins AIconics Award for Best Application of AI in the Enterprise

About Tata Consultancy Services Ltd. (TCS)

TCS media contacts

Corporate Communications & India

Asia Pacific

Canada

Latin America

Australia and New Zealand

Europe

Japan

Middle East & Africa

UK

USA

TCS is here to make a difference through technology.

We deliver excellence and create value for customers and communities.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Global knowledge. Local support

About Tata Consultancy Services Ltd. (TCS)

TCS media contacts

Corporate Communications & India

Asia Pacific

Canada

Latin America

Australia and New Zealand

Europe

Japan

Middle East & Africa

UK

USA

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