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 Public Cloud Infrastructure Professional and Managed Services, Worldwide1.
"With the cloud becoming foundational to building a future-proof digital core, enterprises are accelerating their cloud adoption. TCS' investments in cloud platforms, industry-aligned cloud solutions and its partnerships with the cloud technology ecosystem have resulted in significant innovations for our enterprise customer base. Our Machine First™ approach is now becoming a gold standard in industrializing migrations, subsequent operations, helping enhance operational resilience and speed to market," said Krishna Mohan, Deputy Head, Cognitive Business Operations, TCS. "We believe, our Leadership positioning in this report is a recognition of our vision and strategy, and ability deliver and transform consistently at scale."
TCS has developed a customer-centric, productized approach to Cloud Services that accelerates cloud transformations. It has a strong portfolio of end-to-end services spanning the entire cloud lifecycle for private, public, hybrid and multi cloud environments, including:
Cloud Counsel: Discovery, cloud assessment and recommendation offering to help customers select the right cloud model and provider, determine the migration roadmap, with necessary ROI and TCO estimates, enabling a business case for cloud transition and transformation.
Cloud Mason: Define, design and deploy an enterprise-scale cloud foundation for deploying modern digital applications using IaaS, containers, PaaS and serverless architecture on a public cloud, which can be integrated with a private cloud or on-premise data centers,to improve productivity and standardize delivery.
Cloud Migration Factory: Automated, intelligent factory model to rapidly migrate applications and data to private, public and hybrid cloud environments. It offers low touch (re-hosting / lift and shift), high touch (refactoring / re-platforming) and modernization (rebuilding / re-architecting) assembly lines, which run the migration modernization continuum simultaneously.
Intelligent Cloud Migration Continuum (iCMC™): Decision support engine that helps customers plan the sequencing of applications for modernization and cloud migration, considering the application estate, technology stack, licenses and business considerations.
Modernization Propeller: Assesses enterprise maturity for modernizations, application for microservices fitment, reference architecture formulation, domain level decomposition, build and cost determination.
TCS MasterCraft™ TransformPlus: Intelligent automation product for application development, delivery, modernization and migration of applications to the cloud.
TCS Cloud Exponence: Comprehensive, centralized delivery platform for public and hybrid cloud environments. Provides frictionless and rapid on-boarding of services enabled by MFDM™, while reducing cloud on-boarding time and creating a standardized delivery experience. This includes Cloud Brokerage Services with a Digital Value Broker capability to adopt a 100 percent agile and DevOps model.
TCS has deep relationships with all leading cloud technology providers and is well placed to address its customers' hybrid cloud needs. In addition, for customers with special requirements, TCS' Enterprise Cloud Platform offers a broad range of flexible private cloud infrastructure options, including PaaS.
"Our extensive portfolio of proprietary cloud solutions, products and platforms built on Machine First principles; investments in talent development programs; and expertise in digital technologies such as automation, customer and market analytics and insights, IoT and AI, position us well to help businesses move to the cloud quickly and seamlessly, accelerating their growth and transformation journeys," added Krishna Mohan.
Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.1971.55 as compared to the previous close of Rs. 2005.2. The total number of shares traded during the day was 222964 in over 9354 trades.
The stock hit an intraday high of Rs. 2002.35 and intraday low of 1962.9. The net turnover during the day was Rs. 442905653.
1 Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide, Craig Lowery, To Chee Eng, Scot MacLellan, Ross Winser, Brandon Medford, Gartner, May 4, 2020