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TCS Recognized as a Leader in Gartner's 2019 Magic Quadrant for Data center outsourcing and Hybrid Infrastructure Managed Services, Europe

Posted On: 2019-07-16 12:35:03

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 Gartner Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, Europe, June 20191.

"In the Business 4.0™ era, organizations are operating intelligent and agile systems in-house, on-the-cloud, at-the-edge or a combination of all, to process large amounts of data and derive real time contextual insights to differentiate themselves," said Krishna Mohan, Deputy Head, Cognitive Business Operations, TCS. "We believe our Leadership position is a recognition of our completeness of vision and ability to execute."

TCS' Cognitive Business Operations (CBO) unit helps companies embed intelligence and digitaltechnologies 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 Infrastructure / 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, with 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. ln 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.


"Our investments in intellectual property, technology and service partnerships, our COIN network of startups and academia, and TCS Pace™ Ports for collaborative experimentation with customers - open up a vast ecosystem of resources for our customers. This coupled with our strong domain knowledge across industries and investments in reskilling the workforce, make us the preferred partner in helping customers achieve their business objectives," added Krishna Mohan.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2145.2 as compared to the previous close of Rs. 2107.95. The total number of shares traded during the day was 74130 in over 5002 trades.

The stock hit an intraday high of Rs. 2153 and intraday low of 2099. The net turnover during the day was Rs. 157586273.

1 Gartner, Magic Quadrant for Data center outsourcing and Hybrid Infrastructure Managed Services, Europe by Claudio Da Rold, David Groombridge and Rene Buest, June 18, 2019


Source: Equity Bulls

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