365telugu.com online news,MUMBAI, August 5, 2025:Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has renewed and expanded its strategic partnership with Weatherford International (NASDAQ: WFRD), a leading North American oilfield services company.
The new five-year agreement strengthens a seven-year collaboration and aims to drive AI-powered transformation across Weatherford’s global operations.
Under this extended engagement, TCS will lead enterprise-wide digital initiatives that enhance operational efficiency in key business areas including finance, supply chain, and human resources.
Leveraging its expertise in artificial intelligence, automation, and digital optimization, TCS will streamline processes, reduce operational costs, and boost scalability for Weatherford.
The renewed partnership will also see TCS delivering strategic transformation advisory services, supporting Weatherford’s efforts to simplify workflows, innovate at scale, and align its business with evolving digital demands. These initiatives are designed to ensure agility, long-term resilience, and sustained growth.
Girish Saligram, President and CEO of Weatherford International, commented:
“As the energy sector evolves rapidly, this renewed collaboration with TCS emphasizes our focus on embracing AI-driven efficiencies and digital excellence.
With TCS’ expertise, we aim to accelerate innovation, scale our operations effectively, and reinforce our position as an industry leader.”
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Over the past seven years, TCS has played a pivotal role in transforming Weatherford’s shared services functions, contributing to an estimated 50% reduction in total cost of ownership across core domains.
The latest agreement builds on this foundation, transitioning toward an outcome-based delivery model that prioritizes measurable value and process excellence.
Debashis Ghosh, President & Business Group Head – Lifesciences, Healthcare, Energy & Resources, Utilities and Public Services (US), TCS, said:“This renewed engagement reflects our shared commitment to digital transformation and operational excellence.
We’re proud of the value delivered so far and look forward to empowering Weatherford’s journey toward a smarter, more agile enterprise.”
TCS will continue to manage business process operations while integrating transformation consulting and AI-led innovation. The expanded scope supports Weatherford’s digital roadmap with intelligent solutions designed to meet the challenges of the modern energy industry.
TCS serves four of the top five global oilfield services companies, offering end-to-end capabilities across consulting, systems integration, ERP, cloud, cybersecurity, application management, and next-gen technologies.