Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in the June 2019 Gartner Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, North Americal. TCS received this position for the fourth year in a row.
"Digital transformotion of the enterprise core requires the smart orchestration of infrastructure, applications and business processes with automation and cognitive technologies," said Krishna Mohan, Deputy Head, Cognitive Business Operations, TCS. "We believe our Leadership position is a recognition of our vision, transformation capabilities, and ability to deliver quantified and measurable business outcomes."
TCS' Cognitive Business Operations (CBO) unit helps companies embed intelligence and digital technologies in IT and business operations to drive exponential customer value. It has been helping leading corporations across the world in their transformation initiatives by simplifying their technology stack. Legacy, monolithic systems that are difficult to maintain are dismantled and replaced with microservices, APIs, or SaaS / PaaS equivalents, and workloads are shifted to the cloud to gain from flexibility and scalability. The simplified technology stack and use of automation enables leaner, more agile processes, lowering the cost of business operations, while improving the speed to market.
TCS offers an end-to-end infrastructure services portfolio consisting of agile data center offerings such as Disaster Recover Automation, Data Center Batch and Workload Automation Services, Software Defined lnfrastructure / Networks, TCS Openstack IaaS, cloud advisory services, hybrid strategy and roadmap definition, assessment, deployment and implementation, workload migration and hybrid managed services, spanning public, private and hybrid cloud environments.
With the Machine First™ Delivery Model (MFDM™), TCS works closely with enterprises to help them move up the automation maturity curve in a controlled, predictable, and planned manner. In addition to collaborating with leading automation product vendors, TCS deploys its own cognitive automation platform ignio™ to transform customers' diverse and complex IT infrastructure landscape into highly resilient, selfhealing stacks. In February, TCS launched ignio Cheetah that augments its proven blueprinting and automation functionality with several new capabilities, including:
- Intelligent events and alerts management, capable of real-time detection and prediction of anomalous IT conditions that need attention, suppression of redundant or false alerts, aggregation of correlated events, and prioritization of alerts based on business impact
- Intelligent incident handling, wlth auto-triage capability that learns from experience
TCS has deep relationships with all the leading cloud technology providers such as AWS, Microsoft Azure, and Google Cloud. In addition, for customers with special requirements, TCS' Enterprise Cloud platform (ECP) offers a broad range of flexible private cloud infrastructure options, including PaaS. Its data services backbone is powered by the SMACK stack (Spark, Mesos, Akka, Cassandra, Kafka), a proven open source stack, which helps clients who have a need for Big Data, analytics, IoT, and streaming data workload requirements.
"With our Machine First Delivery Model, contextual knowledge, technology expertise, intellectual property such as ignio, investments in innovation, and strategic technology partnerships, we are helping customers build a digital core that positions them well to succeed in a Business 4.0™ world," added Krishna Mohan.
Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2253.7 as compared to the previous close of Rs. 2266.75. The total number of shares traded during the day was 67735 in over 2580 trades.
The stock hit an intraday high of Rs. 2272.9 and intraday low of 2251.1. The net turnover during the day was Rs. 153087384.
1 Gartner, Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, North America, Mark Ray, Daniel Barros, Stephanie Stoudt-Hansen, Andrew Miljanovski, June 13, 2019