TCS to aid German firm Vaillant, French co Vistaprint with digital transformation
Mumbai based information technology (IT) services major Tata Consultancy Services (TCS) has partnered with Remscheid, North Rhine-Westphalia based Vaillant Group to streamline its business processes and build a digital enterprise core platform to support its business transformation and growth needs.
The family-owned heating, ventilation and air conditioning technology solutions provider has a presence in over 60 countries and employs more than 14,000 workers. It reported a revenue of €2.6 billion for the financial year 2018-2019.
The company, whose data is siloed in individual IT structures as a result of localisation in some markets, looks to implement a unified digital process platform that will provide a single source of access for data to aid agility in operations, a statement said.
Read: TCS, Zinier roll-out field service automation solution
TCS said it has built a flexible digital core solution based on SAP S/4HANA and Salesforce to cater to Vaillant’s needs and help it accelerate its transformation into a digital first organisation.
“Progressive manufacturers are accelerating their core transformation initiatives to build agility, resilience and adaptability into their business models, so they can lead in the new normal,” Santu Mandal, head of manufacturing business for TCS Germany, said.
Read: Margins and digital deals help IT firms duck Covid-19 blow
Separately, TCS has also onboarded Paris based physical and digital marketing solutions provider Vistaprint to help the latter migrate to SAP S/4 HANA on the cloud to simplify its business operations.
The IT firm said that it has transformed Vistaprint’s finance, supply chain, sales and analytics functions, improving customer value. TCS added it has migrated three years of historical siloed data, comprising four billion finance documents across six global manufacturing sites, to achieve a data compression of more than 60%.
The new data analytics platform has helped improve analytics efficiency by 10% and reduce inventory costs by 4%, the statement said. The partnership will also help Vistaprint’s 17 million small and medium sized partner organisations forecast local demand trends and accelerate fulfilment, it added.
“With strong collaboration between both parties and leveraging TCS SAP S/4HANA COE, we made the right move to give our organization and employees the immediate value needed during these uncertain times,” Mukul Agrawal, head of enterprise resource planning at Vistaprint, said.