Digital transformation: TCS partners construction giant Skanska
Technology

Digital transformation: TCS partners construction giant Skanska

Global information technology (IT) firm Tata Consultancy Services (TCS) Ltd has been selected as a strategic partner by Sweden-based construction company Skanska to help in its digital transformation.

As part of the partnership, TCS will leverage its Machine First Delivery Model (MFDM) framework to streamline Skanska's journey to the cloud and help it transition to a more proactive IT model with automated processes, such as a chatbot for support services, TCS told the media.

The MFDM framework leverages artificial intelligence (AI), automation and robotics to help enterprises achieve their business outcomes faster by automating repetitive tasks and enabling humans to move up the value chain.

TCS would also be responsible for the application management of its Oracle Cloud applications across finance, projects, procurement, supply chain, human capital management and analytics planning functions.

By moving IT operations to the cloud and driving automation, Skanska’s employees will be freed up from routine support activities and can focus on more important tasks.

TCS noted that progressive companies in the construction industry are prioritising investments in capabilities that enhance their adaptability and resilience and help them deliver superior customer experiences.

The IT major has been developing the digital capabilities of some of Sweden's largest organisations for almost 30 years. From banking and manufacturing to engineering, procurement and construction, TCS provides the latest innovation techniques to companies.

Image Source

Global information technology (IT) firm Tata Consultancy Services (TCS) Ltd has been selected as a strategic partner by Sweden-based construction company Skanska to help in its digital transformation. As part of the partnership, TCS will leverage its Machine First Delivery Model (MFDM) framework to streamline Skanska's journey to the cloud and help it transition to a more proactive IT model with automated processes, such as a chatbot for support services, TCS told the media. The MFDM framework leverages artificial intelligence (AI), automation and robotics to help enterprises achieve their business outcomes faster by automating repetitive tasks and enabling humans to move up the value chain. TCS would also be responsible for the application management of its Oracle Cloud applications across finance, projects, procurement, supply chain, human capital management and analytics planning functions. By moving IT operations to the cloud and driving automation, Skanska’s employees will be freed up from routine support activities and can focus on more important tasks. TCS noted that progressive companies in the construction industry are prioritising investments in capabilities that enhance their adaptability and resilience and help them deliver superior customer experiences. The IT major has been developing the digital capabilities of some of Sweden's largest organisations for almost 30 years. From banking and manufacturing to engineering, procurement and construction, TCS provides the latest innovation techniques to companies. Image Source

Next Story
Infrastructure Urban

Large-sized Deals Drive 40% of Industrial & Warehousing Demand

With 25.6 million sq ft of gross leasing in 2024, industrial & warehousing demand across the top five cities remained healthy, witnessing a marginal 2 per cent YoY growth. Although, there was a noticeable dip in leasing activity during the last quarter, strong space uptake in the earlier quarters ensured steady leasing levels during 2024. During the year, Delhi NCR led the demand with 26 per cent share, closely followed by Chennai at 23 per cent share. On a quarterly basis, Q4 2024 saw about 5.5 million sq ft of industrial & warehousing demand across the top five cities. Pune, closely followed..

Next Story
Infrastructure Energy

Vedanta Aluminium Launches Advanced Operational Dashboard

Vedanta Aluminium, India’s largest producer of aluminium, has launched an innovative operational dashboard at its Jamkhani Coal Mine, Odisha. This state-of-the-art digital platform integrates real-time data, optimises performance metrics and automates routine processes. Developed in-house by a dedicated team, this dashboard leverages the First Principles approach to track mining operations at their most fundamental levels. It delivers actionable insights for achieving operational excellence through the Time-in-Use Model (TUM), which measures planned and actual cut rates, real-time coal expos..

Next Story
Infrastructure Transport

PNC-KKR Deal Nears Completion

Infrastructure company PNC Infratech has received in principle approvals from NHAI to transfer 100 per cent stake held by it in two subsidiaries (SPVs) for the Bundelkhand and Khajuraho road projects to the KKR-backed Highways Infrastructure Trust. With this, the PNC-KKR deal is on track for closure by March 31, 2025 as PNC Infratech is in the process of fulfilling the conditions precedents (CPs) for the transaction. One of the major CPs under the deal included change in control approvals from the highway authorities and no objection certificates from the lenders to the projects, according to ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000