The platform improves financial process efficiency for power generation asset service operations by integrating disparate data of service work orders and case management from multiple product and service lines including parts, services and repairs.
The partnership will deliver business data object modelling, high performance analytics as well as reporting. Whereas the services of Data Lake platform will deliver significant data which is refreshed 90% faster than the existing set up of solutions. This will lead to a 20% decrease in the financial closure cycle time.
In an interaction with a leading news daily, Tom Ruddy, Data Utilisation Leader for GE's Power Services business said, "TCS’s effective collaboration with GE's leadership and their implementation expertise has helped us achieve our desired outcomes and realise the vision of self-service data infrastructure. They have implemented on boarding and training programs to minimise the impact of organisational change and deliver consistent value throughout the duration of this program."
TCS was trading at Rs 2,473.90, with a gain of 0.56% on NSE at 1000 hours on Friday. However, the stock was down by 0.11% at 1110 hours on NSE. While, GE Power India was trading at Rs 654 at 1110 hours, down by 1.40% on the NSE.