Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, marked a new milestone in its long-standing partnership with Cisco by setting up a Center of Excellence (CoE) to develop digital solutions that leverage Cisco's DNA-C platform.
The CoE will be used to build future-proof network transformation solutions, as well as optimize the performance of industry-specific solutions that TCS has been building for its customers, leveraging its domain expertise, contextual knowledge, and Business 4.0™ thought leadership framework. One of the challenges that enterprises currently face is the deterioration of operational performance of business-critical digital applications at peak loads on networks with static controls. The CoE will design applications that use the power of software-defined networking to dynamically manage the network to speed up response times and thereby deliver a superior customer experience.
TCS'specialists at the CoE have built a network solution called Enterprise Compliance Enforcement - Network that uses the Cisco platform's capabilities to micro-segment the network and isolate critical assets, thereby helping network administrators comply with various industry-specific compliance policies. The bespoke, template-based application enhances auditability, expedites compliance, and reduces enterprise risk.
"Our new Centre of Excellence is yet onother major milestone in the deep and enduring partnership between TCS and Cisco. We are building transformotional solutions that will use the power of intent-based networking to further enhance customer experience, and create compelling value for our customers in their Business 4.0 journeys," said V Rajanna, Global Head, Technology Business Unit, TCS.
"The Cisco-TCS partnership has grown over the years by leveraging our mutual strengths to solve some of our customers' largest challenges. By being open and programmable, Cisco's intent-based networking architecture gives Cisco partners a powerful tool to use when building new networking solutions. I am excited to see what Cisco DNA Center innovations emerge from TCS's new Center of Excellence," said Ravi Chandrasekaran, SVP, Enterprise Networking Business, Cisco.
"Our mutual focus on software-defined networking technologies is resulting in new solutions from TCS that moves customers from traditional enterprise networks to dynamic business-responsive networks, improving productivity, performance, security, and compliance," added Krishna Mohan, Deputy Head, Cognitive Business Operations, TCS.
Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2183.3 as compared to the previous close of Rs. 2197.65. The total number of shares traded during the day was 48168 in over 3903 trades.
The stock hit an intraday high of Rs. 2203 and intraday low of 2180. The net turnover during the day was Rs. 105421063.