TCS enabling end-to-end business transformation of 'Penumbra'

12 Sep 2022 , 02:53 PM

Penumbra, a global healthcare company, successfully completed the first stage of its cloud transformation journey with the help of Tata Consultancy Services by redesigning its order management, finance, and accounting systems procurement functions and replacing them with a new digital core.

Penumbra has pursued a technology-enabled growth strategy, growing its line of devices that address difficult medical diseases through scale innovation, and expanding its reach in new countries.

TCS was chosen as the healthcare company’s strategic partner to modernise its key operations utilising digital technology to assist its growth trajectory.

TCS’ functional consultants drew on their deep contextual knowledge, hybrid agile methodology, and the TCS Crystallus, a set of preconfigured industry and business solutions, to create digital-ready processes that were consistent across Penumbra’s global order management, finance, and procurement functions.

TCS also effortlessly linked internal and external data sources to provide real-time insights for enhanced decision-making and self-service.

The new cloud-based digital core, driven by SAP S/4HANA, promotes end-to-end business transformation, improves user experiences, and supports Penumbra’s expansion plans.

At around 2.56 PM, TCS was trading at Rs3,251.75 per piece, up by 1.07% from its previous closing of Rs3,217.30 on the BSE. The scrip touched intraday high and low of Rs3,268.70 and Rs3,226.75 respectively. 

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