TCS's partnership with Nielsen has been renewed as a result of this agreement. TCS was given a 1.2 billion, 10-year contract by the television measuring business in 2015, which was later boosted to 2.5 billion and extended until 2020.
The outsourcing deal with Nielsen has been extended until 2025. TSC will receive 320 million dollars in annual revenue from Nielsen from 2017 to 2020, 186 million dollars from 2021 to 2024, and 139.5 million dollars in 2025 as part of the 2.25 billion dollar arrangement.
Nielsen's statement reads as follows - "The term of the Agreement has been extended for an additional five years, so as to expire on December 31, 2025, with three one-year renewal options granted to Nielsen. TCS will globally provide Nielsen with professional services relating to information technology (including application development and maintenance), business process outsourcing, client service knowledge process outsourcing, management sciences, analytics, and financial planning".
Accenture's visit to the Vatican
Accenture has been recruited by the Vatican to simplify and harmonise its digital communications. In order to simplify and consolidate the Vatican's digital communications, the Vatican's communication department has requested global consulting firm Accenture to create a channel named "Vatican News."
The Vatican thinks that the channel will make it easier for them to communicate with the devout. They are hoping that Accenture would assist them in developing a clear digital communications strategy for the Church, which will be managed through a single interface.
A beta version of the 'Vatican News' website has already gone live. The website not only contains news about the Church, Pope and Vatican in six different languages but also lets users scroll through Pope Francis's Instagram feed.
