Headquartered in Finland and operating in more than 30 countries with around 9,000 employees, Outokumpu aims to strengthen its industry leadership and competitive differentiation. Towardsthis goal, it has embarked on a cloud transformation journey, entering into a multi-year strategic partnership with TCS to build a next-generation hybrid cloud platform.
TCS will use its deep industry knowledge of the steel sector to supportOutokumpu in building a new digital core using advanced digital technologies such as cloud, data analytics and Artificial Intelligence (AI).
It will transform and migrate the steel-maker’s mission-critical manufacturing operations systems and core SAP systems to a new hybrid cloud architecture using Azure.
Additionally, TCS will deploy new digital end-user servicesthat will cater to the differentiated needs of each of Outokumpu’s business units and help them derive the full benefit of the transformation. TCS will leverage its Machine First approach to simplify production management using Cognix for Workplace, its AI-driven human-machine collaboration suite. This will help create an intuitive, immersive, and intelligent workspace, offering delightful employee experiences.
The new cloud-based digital core will help enhance operational resilience, scalability and agility across the enterprise. Easier access to next-gen technologies as part of the cloud stack is expected to accelerate innovation across the organization and advance Outokumpu’s digital manufacturing objectives. Further,the transformation will reduce Outokumpu’s carbon footprint and help achieve its objective of being the customer’s first choice in sustainable stainless steel.
“We have chosen TCS as our partner to deliver a resilient and scalable digital core that meets the needs of our business operations. TCS’ deep and contextual understanding of the steel industry and cloud-first approach enables us to improve our productivity and profitability as well as achieve our sustainability targets.
With its built-in security governance and identity access on all service levels, TCS’ automation solution ensures the stability and reliability of our key operations and offers capabilities for service modernization,” said Stefan Erdmann, Chief Technology Officer,Outokumpu.
“We are delighted to enter into this strategic partnership with Outokumpu to accelerate their digital transformation and help realize their business vision. TCS’ deep contextual and industry knowledge, expertise in cutting-edge digital technologies, and innovative cloud-first solution will help Outokumpu gain agility, enhance user experience, reduce their carbon footprint, and establish competitive differentiation,” said Subhadipta Samantray, Country Head, TCS Finland.
“This partnership represents an expansion of TCS’ footprint in the Finnish manufacturing sector, further strengthening our position as a growth and transformation partner in the region.”
At around 11:38 AM, Tata Consultancy Services was trading at Rs3,262.50 per share up by Rs27.85 or 0.86% from its previous closing of Rs3,234.65 per share on the BSE.
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