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New Version of TCS iCMC™ Solution to Help Enterprises Accelerate their Cloud Journey

Posted On: 2019-08-22 17:58:43

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has launched an enhanced version of its unique diagnostic solution, the TCS Intelligent Cloud Migration Continuum (iCMC™), to help customers build business cases, take informed decisions on the choice of cloud and sequencing of applications to target for cloud migration and modernization, as part of their digital transformation journey.

TCS iCMC embodies the Machine First™ approach taken by TCS to enhance the speed to market and delivery certainty in cloud migration and core transformation engagements with customers. It has a recommendation engine at its core with a rules library that leverages TCS' industry experience, and intelligent automation to help customers choose the optimal mix of cloud providers, and migration sequence that best fits their needs, taking into account the application estate, technology stack and business considerations.

A unique catalog-based per-application pricing, that not only includes the migration cost but also the postmigration run cost on the cloud, and a pay-as-you-migrate execution model enables greater transparency, and easier calculation of return on investment, helping speed up decision making.

In live transformational engagements, the use of TCS iCMC has helped speed up the pre-migration cloud assessment and decisions by as much as 75 percent. TCS has successfully used this solution to help over 100 customers take more than 25,000 informed decisions regarding their cloud adoption.

The new version, TCS iCMC 2.0, is further enriched with cognitive features within its rules engine that helps align the recommendations better with the enterprise's guiding principles of business leading to an optimized transformation plan. It also features industry-specific migration benchmarks to help enterprises understand the deviations.

Genuine Parts Company, a global distributor of automotive and industrial replacement parts, is an early adopter of TCS iCMC 2.0. "GPC is a traditional company that has grown to become a global company through M&A. To keep up with Digital Transformation and modernization efforts, we wanted to take advantage of the cloud but did not know where to start. The TCS team came with their expertise, tools (iCMC) and process that helped us to kick start our cloud transformation. iCMC delivered consumable ready outputs and recommendations which jump started our journey to the cloud," said Ruthu Raj, Chief Enterprise Architect, Global Automotive, Genuine Parts Company.

"Cloud is unlocking diverse avenues to enterprises looking to reimagine their businesses and accelerate innovotion in a Business 4.0™ world. Recognizing that transparent, data-driven and speedy decision-making is imperotive for any successful cloud migration, we built TCS iCMC to remove the guesswork and industrialize the pre-migration planning. With its extensive migration rules library, our solution provides customers with a comprehensive yet simplified roadmop to the cloud, significantly accelerating their migration and modernization journey," said Suranjan Chatterjee, Global Head, Cloud Apps, Microservices and API practice, TCS.

TCS iCMC 2.0 is an integral part of the TCS Cloud Migration Factory which adopts an automated, intelligent factory model to rapidly migrate applications and data to private, public and hybrid cloud environments. At the center of this Machine First migration model are more than 100 assembly lines with multi-platform alignment, providing tools-driven standardized operations that ensure high velocity and delivery certainty in the cloud migration program, optimizing the TCO and maximizing value for the enterprise.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2214.9 as compared to the previous close of Rs. 2185.85. The total number of shares traded during the day was 67488 in over 3953 trades.

The stock hit an intraday high of Rs. 2235 and intraday low of 2171. The net turnover during the day was Rs. 149346721.


Source: Equity Bulls

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