Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organisation has partnered with Bonnier AB, one of the Nordic region's most established media conglomerate, to help the company consolidate and rationalize computing and telephony infrastructure and secure robustness in ICT operations and processes.

Kamal Bhadada, President, Communication, Media and Information Services (CMI} Business Group at TCS said, "Business 4.0 has brought us on the cusp of a digital future where a perfect storm of technologies-cloud computing, artificial intelligence (AI), automation, big data and analytics, and the Internet of things (loT)-is transforming the Media industry. This new digital, micro consumption and subscription based, socially driven and globally accessible ecosystem calls for a robust, scalable and efficient ICT operation to succeed and thrive. We are incredibly excited to leverage our global experience to support Bonnier group on their digital transformation journey".

Shares of the company declined Rs 33.6, or 0.98%, to trade at Rs 3,381.60. The total volume of shares traded was 95,534 at the BSE (12.25 p.m., Tuesday).