As part of the digitaltransformation, TCS is enabling BCECto reimagine its end-to-end business processes from tendering to construction, incorporating EPC industry best practices, to design and implement an agile and intelligent multifunctional and multiservice solution on Oracle Cloud ERP. The seamless enterprise wide system integrates multiple disparate business functions and eliminates data duplication and redundancy.
The new cloud-based platform leverages Al, advanced analytics and predictive capabilities to help BCEC improve decision-making around its capital investment and vendor selection, reduce costs per invoice, shorten delivery cycle time, and enhance HR data analysis and reporting capabilities with greater control and traceability. The significantly higher level of automation will drive up productivity, allowing employees to focus on more strategic and innovative work.
Additionally, as BCEC's co-innovation partner, TCS created an Al-powered solution for the procurement department that uses a combination of state-of-the-art deep learning models to automatically raise purchase requisitions by reading and processing data from complex process and instrumentation diagrams and piping classes.
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