MAM
WPP Q3 revenues reach ?1bn mark
MUMBAI: Advertising giant WPP third quarter revenues have climbed above the ?1 billion mark for the first time. The figure for the three months to 30 September rose 10 per cent to ?1.03 billion following WPP’s acquisition of debt-laden UK rival Cordiant Communications in August.
The media group continues to see prospects brighten; the company enjoyed a sales rise of nearly 11 per cent but a 1 per cent increase on a like-for-like basis, stripping out recent buys. The revenues were 2 per cent higher as compared with a flat performance in the first six months of the year.
According to the media reports, the group said it continued to see muted growth in the US, although the UK market continued to be the most affected by economic conditions. The prospects for next year, however, looked much brighter.
With over 69,000 full-time staff employed in 1700 offices worldwide, including in India, WPP also parents advertising agencies J Walter Thompson, Ogilvy & Mather Worldwide and Young & Rubicam. It also has a number of marketing and public relations businesses, including Hill & Knowlton in the UK.
With US Presidential Election and the Athens Olympics likely to generate advertising business, WPP future looked brighter 2004. In the UK, revenues for the third quarter rose by 6 per cent at ?166.4 million following the Cordiant acquisition. Revenues in North America were up 8 per cent and by 11 per cent in continental Europe.
While the advertising and media investment division saw a growth of 14 per cent, the revenues performance of public relations and public affairs work was almost flat.
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TCS and ServiceNow join forces to fast-track AI in enterprises
New partnership aims to turn clunky workflows into smart, self-learning engines
MUMBAI: Tata Consultancy Services (TCS) and ServiceNow have teamed up to help businesses move from AI experiments to full-scale adoption. The multi-year partnership will see TCS building industry-specific AI solutions on the ServiceNow platform, transforming slow, manual processes into intelligent, autonomous workflows that learn and improve over time.
Enterprises are eager for smarter ways to handle back-office functions like HR, finance, supply chain, procurement, and employee services. With this collaboration, TCS will offer AI-led solutions that bring together trusted AI, modern workflows, and deep industry knowledge, helping businesses work faster, smarter, and more efficiently.
ServiceNow president and chief product officer Amit Zavery said, “Enterprises need partners who can combine innovation, execution, and governance. Together with TCS, we are embedding AI directly into workflows, modernising legacy systems, and driving measurable results.”
TCS executive director and COO Aarthi Subramanian added, “Companies are ready to move beyond pilots to enterprise-wide transformation. Our partnership will embed intelligence across IT, operations, and customer functions, unlocking speed, efficiency, and lasting advantage.”
The solutions are designed to break down silos, giving organisations a holistic, insight-driven view. HR operations, for instance, could shift from fragmented services to a smooth hire-to-retire lifecycle, boosting productivity and engagement. Similarly, order processing could evolve from a slow, multi-step cycle into a fast-moving engine that drives revenue and cash flow.
TCS is already ServiceNow’s largest user for IT Asset Management, rolling out the system across thousands of devices in just three months. Both companies will also invest in co-innovation labs, solution showcases, and joint go-to-market initiatives to bring these AI capabilities to clients.
With this partnership, enterprises can look forward to workflows that think for themselves, helping businesses stay ahead in the AI era.
