iifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Nokia ties with TCS to enrich employee experience with new cloud-based HCM

7 Sept 2022 , 02:26 PM

Tata Consultancy Services Limited has been selected by Nokia to reimagine the employee experience for the company’s global workforce in more than 130 countries of operation.
In 2021, Nokia launched its ‘One Nokia Digital’ strategy to support the company's competitiveness by digitalizing its operations. As part of these efforts and to help deliver Nokia’s new people strategy, Nokia is replacing its on-premise HR systems with a new cloud-based Human Capital Management platform (HCM) to standardize HR processes on a common data platform.
This will enable Nokia to provide a consistent employee experience across teams and more easily manage and scale HR services globally. Nokia hasselected TCS as its transformation enabler to reimagine its human resources processes and enable seamless personalized employee journeys.
TCS consultants will work closely with Nokia to drive its human-centric, cloud-first model by redesigning HR processes and implementing a full stack of solutions powered by Oracle Fusion Cloud Human Capital Management (HCM). These new simplified HR cloud-based services will make daily work more efficient for Nokia employees and will provide managers with actionable insights and analytics to support key workforce initiatives.
“Today we all expect the same experience at work as in our personal lives — one that is intuitive, contextual, and personalized. As we put our people at the heart of everything we do at Nokia, our aim is to continuously improve the employee experience. We count on TCS consultancy and support to redesign almost all our people related processes to drive simplification and to reduce bureaucracy,” said Lisbeth Nielsen, Interim Chief People Officer, Nokia.
TCS will leverage its contextual knowledge, Business 4.0 thought leadership framework, hybrid project methodology, expertise in Oracle Integration Cloud, TCS Crystallus, a set of preconfigured industry and business solutions, and a change management framework to drive this workforce transformation.
The new integrated platform will help Nokia enhance employee experience, boost productivity, drive innovation, and increase agility to adapt and thrive in an ever-changing business environment.

At around 2:23 PM, Tata Consultancy Services Ltd is currently trading at Rs3,152.90 per share up by Rs24.05 or 0.77% from its previous closing of Rs3,128.85 per share on the BSE.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Tata Consultancy Services
  • Tata Consultancy Services Ltd
  • Tata Consultancy Services Ltd announcements
  • Tata Consultancy Services Ltd award
  • Tata Consultancy Services Ltd launch
  • Tata Consultancy Services Ltd market
  • Tata Consultancy Services Ltd news
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.

closeIcon

Get better recommendations & make better investments

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp