Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has helped AGL, one of the largest integrated multiproduct energy retailers in Australia, transform the customer experience for its consumers.
With more than 4.2 million gas, electricity and telecommunications services provided to customers across Australia, AGL teamed up with TCS, its strategic partner for more than a decade, to enhance its customer experience in a hyper-competitive retail market. To provide a smoother, more intuitive, and personalized experience across all touch points throughout the customer journey, TCS helped AGL transform its endto-end retail business operations, across the front office, back office, and IT infrastructure.
At the center of this transformation is a digitally-powered data-driven integrated operating model that leverages TCS Cognix™, an AI-driven human-machine collaboration suite, that uses machine learning algorithms, advanced analytics, natural language processing, and automation technologies.
This transformation is helping the utility provider harness hidden insights from the large amount of customer data-over 45 million annual digital interactions, 50 million daily smart meter reads and 800,000 data points per second across physical assets-that AGL has at its disposal. TCS helped the utility provider create a sophisticated analytics solution that takes in information from multiple data sources and provides actionable insights. For instance, AGL can now more quickly and easily identify instances where customers are not receiving services to its high standards and address the issues at speed.
The new analytics solution has helped AGL improve its service quality levels and enhance its net promoter score.
Glenn Waterson, General Manager, Customer Market Operations, AGL, said: "We're continuing to embrace innovation to evolve as an organization, drive transformation in the industry and respond to customer demand. We want to help our customers manage their essential services and energy use, ensuring they experience simple, digital-led services across all of our products. TCS' expertise and cognitive solutions have made it a key strategic partner in our journey.
Ashok Pai, Global Head, Cognitive Business Operations, TCS, said: "We are honored to partner with AGL to help realize its vision to provide ever superior experience for customers. Together, we have built futureready cognitive operations while setting a new gold standard for the modern customer experience. This showcases how an AI-powered and insight-driven approach can help companies reimagine experience and better address customer needs."
This transformational project recently earned AGL the 2021 IDC Future Enterprise Award in the Best in Future of Intelligence category for synthesizing information from raw data, learning from these insights and leveraging them at scale across the entire enterprise. The award program recognizes companies for "their discernible and measurable excellence in their digital transformation efforts and significant efforts to transform or disrupt the market."
Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3500.70 as compared to the previous close of Rs. 3445.65. The total number of shares traded during the day was 85268 in over 7737 trades.
The stock hit an intraday high of Rs. 3530.00 and intraday low of 3407.55. The net turnover during the day was Rs. 297204195.00.