Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization has said that it has partnered GE's Power Services business (PS) for complex integration of field service technician information into a Services Data Lake.
“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 company said in a filing to the Bombay Stock Exchange.
TCS partnered with GE to deliver Business Data Object Modelling, designed for high performance analytics and reporting. The Services Data Lake digital platform delivers crucial data that is refreshed 90 percent faster than existing solutions, leading to a 20 percent reduction in financial closure cycle time.
The platform helps consolidate contractual, parts, technician, and repair services data from individual product and service lines, thereby overcoming challenges such as slower data collation, delays in performing quarter end and period closures and predictive analytics failure.
Meanwhile, shares of the company were trading at Rs 2468.25 apiece, up 0.38 per cent from the previous close at 09:47 hours on BSE.