TCS buys Best Buy’s India GCCs for AI Capability Centres

TCS buys Best Buy’s India GCCs to transform into AI Capability Centres SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 Tata Consultancy Services (TCS) is set to take over US consumer electronics retailer Best Buy’s Global Capability Center (GCC) in India. Best Buy India will transition into an AI-native Capability Center (AICC) under the multi-year agreement. Leveraging TCS’ Global Value & Innovation Centres framework, teams will redesign workflows, develop AI-powered experiences and solutions and scale capabilities across the business, transitioning into an AI Capability Center over time. TCS will merge Best Buy India employees into its global organisation. Krishnan Ramanujam, President, Consumer Business Group, TCS, said, “Best Buy has built a strong technology organisation with deep knowledge of its customers and business. By bringing that talent together with TCS’ retail expertise, AI, engineering and global execution capabilities, we will create an AI native capability engine that aligns Best Buy’s priorities. This partnership will also create a repeatable value platform that can potentially benefit the broader retail industry.” All this is for information This is not a buy/sell recommendation. Thank you, Technofunda24