Tata Consultancy Services AI powered Merchandise Optimization Suite Recognized for its Ability to Utilize AI to Obtain Strategic Insights that Provide Business Value to Retailers
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, announced that its Optumera™, an AI powered merchandise optimization suite, has been recognized as the ‘Best Application of Artificial Intelligence in the Enterprise’ by The AIconics, the world-renowned awards celebrating the drive, innovation and hard work in the international Artificial Intelligence for Business Community.
TCS Optumera™ leverages the power of AI to localize and right-size store space, curate shopper centric omni-channel assortment, pre-empt competitor pricing strategies real-time, enable optimal price recommendations, automate planogram compliance and gap scan through image processing.
“Optumera™ has been instrumental in helping Fortune 500 companies drive strategic growth and digitally transform their companies into Business 4.0 enabled enterprises,” said Pratik Pal, President Retail, CPG and TTH, TCS. “This award from The AIconics is a testimony to our deep contextual knowledge and sustained commitment to building innovative AI solutions that unlock exponential value for our customers.”