TCS extends partnership with Norway's DNB Bank ASA for next 5 years

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TCS extends partnership with Norway's DNB Bank ASA for next 5 years - Business Standard

Quick Summary:

India's largest IT services company Tata Consultancy Services (TCS) on Friday announced an extension of its partnership with Norway's largest financial services group, DNB Bank ASA, for an additional five years.

TCS will also deploy next-generation technology for DNB's modernisation initiatives by maintaining and developing new applications, strengthening security capabilities, and providing insights on next-generation technologies, including Artificial Intelligence (AI) and quantum computing.

With the renewed pact, TCS will continue as DNB's strategic partner, supporting the bank's digital modernisation, while enhancing cost efficiency targets, according to a release.