TCS Renews Strategic Technology Partnership with Marks and Spencer
Tata Consultancy Services (TCS) has announced the renewal of its major, multi year strategic technology partnership with Marks and Spencer (M&S). This continuing engagement builds upon the relationship between the two organizations, which spans more than a decade.The renewed partnership positions TCS to continue supporting M&S as the retailer progresses with its technology transformation journey, aiming to become an omnichannel, data driven retailer supported by modern, globally best-in-class technologies.
TCS's support during this transformation will involve leveraging Artificial Intelligence (AI) and utilizing the firm's extensive domain expertise and one of the world's largest AI talent pools. This collaboration aims to establish future readiness, build a solid base for long-term growth, and create a superior customer experience for M&S.
Sacha Berendji, Operations Director at Marks and Spencer, stated that technology transformation is a key strategic priority for M&S as the company invests for growth. He noted that having the right suite of partners, with access to the latest developments in AI and digital expertise, is imperative, and expressed pleasure at extending the partnership with TCS.
Krishnan Ramanujam, President - Consumer Business Group, Tata Consultancy Services, highlighted the long-standing partnership. He stated, "M&S is a highly cherished and iconic British brand, that has always been at the forefront of retail innovation. We are proud of our long-standing partnership and delighted to be chosen to support its enterprise transformation." He added that bringing TCS's enterprise scale AI capabilities, deep retail expertise, and engineering leadership is anticipated to create sustained value, business agility, and a future-ready retail enterprise.
For context on TCS's operations, the company generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2026.
TCS, a global leader in IT services and consulting, has been recognized for its commitment to innovation and engineering excellence since its inception in 1968. The firm maintains a presence across 55 countries and 202 service delivery centers worldwide.
TCS Stock Price Movement
Today, Tata Consultancy Services Limited shares edged higher to close at ₹2589, reflecting a 1.20% gain for the day. The stock saw robust interest across the session, moving on a volume of 5.63 million shares.Source:
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