TCS launches HR-tech analytics tool for talent management

TCS launches HR-tech analytics tool for talent management
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19 Oct, 2020

Mumbai based information technology (IT) services provider Tata Consultancy Services (TCS) on Monday launched an artificial intelligence-based human resource management system for employees, managers and CXOs within an enterprise.

Called TCS Workforce Analytics, the unified system of engagement provides insights and foresight to enhance productivity and workforce experience to help enterprises deal with talent management challenges, as per a statement.

The software offering, the statement said, will let an organization personalize its workforce engagement via a culture-based job fitment, occupational health and wellness, and focused right-skilling.

TCS Workforce Analytics uses machine learning, natural language processing and a patented cognitive engine developed by HR-tech startup dotin Inc to evaluate skills, personality traits, strengths, cultural compatibility, workplace values, and the learning style of an individual, the statement added. 

dotin Inc is a TCS Co-Innovation (COIN) partner. Launched in 2006, COIN is a system enabler for academia, research, technology start-ups, and venture capitalists to formalize innovation across sectors.

“Digital transformation calls for a new kind of talent, with diverse skill sets and capabilities, which traditional recruitment methods are ill-suited to assess. The challenge is made worse by the large-scale shift to remote working and virtual interactions, requiring the adoption of new ways of keeping employees positively engaged, motivated and productive,” the statement said.

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Separately, it recently launched 10 new threat management centres across the globe to provide cyber security services to its enterprise customers.

In a sign of growth revival for the software services sector, TCS, early October, resumed offering hikes in employee salary cycles. The country’s largest software exporter reported a better than expected profit margin, in its second quarter financials.

Earlier in the month, the company’s stock crossed a Rs 10 trillion mark, becoming the second Indian firm after Reliance Industries to achieve the milestone.