TCS wins $640 mn order to modernise Danish insurer Tryg’s IT infrastructure

India’s largest software services company Tata Consultancy Services Ltd (TCS) has won a $640 million order from Danish insurance firm Tryg, marking its first big-ticket deal since January 2024.

On Tuesday, TCS said it would expand on its existing partnership and modernise the Danish insurer’s information technology infrastructure using artificial intelligence and cloud solutions. However, Mint could not ascertain the quantum of business that was net new.

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