Amazon Great Indian Festival 2020 - Electronics
Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Amazon Great Indian Festival 2020 - Electronics
Stock Report

| More

TCS Recognized as a Leader in Cloud-Native Application Development Services by Everest Group

Posted On: 2020-09-17 04:25:08

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 Everest Group PEAK Matrix® for Cloud-Native Application Development Services1. In an assessment of 21 cloud-native application development service providers, TCS was placed highest for its Vision and Capability.

The report highlights that TCS has strong industry proof points in delivering cloud-native solutions for large engagements and critical business operations. It cites TCS' domain knowledge in the major business verticals that help it offer contextualized cloud-native solutions, build credibility, and certainty among enterprise clients, as a key strength. Also highlighted as strengths are its IPs, tools and solutions such as Jile™, ignio™, and TCS MasterCraft™ that facilitate the company to accelerate and automate different stages of cloudnative application development.

According to the report, TCS' client-centricity, technical expertise, and delivery excellence are well recognized by the market. It goes on to say that the company's location-independent Agile Scrum Model and Factory Model for development are being increasingly adopted and appreciated by clients during the COVID-19 pandemic.

"Cloud-native architectures and technologies are today the default choice for purpose-driven enterprises looking to accelerate innovation, reimagine their business models, and enhance customer experience to drive growth," said Suranjan Chatterjee, Global Head, Cloud Applications, Microservices, and APIfication Practice, TCS. "Our positioning as a Leader in this report is a validation of our advanced strategy, comprehensive set of offerings and proven execution capabilities that are driven by thought-leadership, customer centricity and continuous investments in future-ready solutions that help our customers realize their growth and transformation vision."

TCS has been engaging with leading enterprises in their digital transformation, leveraging its deep domain expertise, contextual knowledge and design studios to redesign front-end interactions and associated processesto reimagine customer experiences and journeys. In many instances, this provides an opportunity to ideate and co-innovate with the customers' business teams. TCS' Pace Ports™ and Co-innovation Network are central to the ability to rapidly prototype the resultant ideas.

The reimagined processes are brought to life by developing new business applications using cloud-native technologies. TCS' investments in organic talent development has resulted in a large and deep pool of expertise in these new technologies. Its Location Independent Agile™ model enables the rapid development of a minimum viable product using globally distributed teams and continual enrichment of functionality and features in subsequent sprints.

TCS' comprehensive portfolio of intellectual property and tools help customers accelerate and automate the different stages of cloud native application development. TCS iCMC™ is a 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. It has helped enterprises speed up pre-migration cloud assessment and decisions by 75 percent. Another accelerator is the TCS Modernization Propeller that has an extensive library of pre-defined industry-specific microservices and API templates built using TCS' deep domain knowledge, an integrated MS/API Development Factory and a holistic Business Ecosystem Integration Services framework.

"To drive differentiation, enterprises are building applications customized to their needs and leveraging cloud-native principles to make such applications nimble and flexible," according to Yugal Joshi, Vice President, Everest Group. "TCS has capabilities to build critical cloud-native applications for its clients. Its IP and Machine First Delivery Model (MFDM) help it accelerate services and drive certainty for its clients."

"Our deep contextual knowledge of customers' businesses, investments in design and co-innovation capabilities, ability to manage digital at scale, and our strong relationships with the cloud technology ecosystem, make us the preferred partner for companies looking to rearchitect their application estate as well as for greenfield initiatives that will help them be more resilient and adaptable to lead in the postpandemic world," added Suranjan Chatterjee.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2460.05 as compared to the previous close of Rs. 2502.65. The total number of shares traded during the day was 83371 in over 5071 trades.

The stock hit an intraday high of Rs. 2495 and intraday low of 2452.6. The net turnover during the day was Rs. 206109240.

1 Cloud-native Application Development Service PEAK Matrix Assessment 2020, Yugal Joshi, Alisha Mittal, Ankit Gupta, Prasun Dey, Everest Group, August 21, 2020

Source: Equity Bulls

Click here to send ur comments or to

Amazon Great Indian Festival 2020 - Mobiles

Other Headlines:

Mastek Ltd - Key Operating Highlights for Q2FY21

Butterfly Gandhimathi Appliances Ltd board to consider interim dividedn on Nov 4, 2020

Vaibhav Global Ltd Board declares Second Interim Dividend of Rs. 5

Mastek Ltd board declares interim dividend of Rs. 5.50 for FY21

Mastek Ltd Q2FY21 consolidated net profit rises to Rs. 50.95 crore

Vedavaag Systems Ltd Q2FY21 consolidated net profit at Rs. 1.50 crore

Welspun India Ltd reports consolidated PAT of Rs. 179.70 crore in Q2FY21

Vaibhav Global Ltd Q2FY21 consolidated PAT climbs to Rs. 70.55 crore

Strides Pharma Science Ltd Q2FY21 consolidated net profit lower at Rs. 80.94 crore

Shriram Transport Finance Company Ltd Board declares Interim Dividend of Rs. 6

Zensar Technologies Ltd Q2FY21 consolidated PAT plunges to Rs. 0.50 crore

MCX and IEX signed licensing agreement for launch of electricity derivatives in India

Shriram Transport Finance Company Ltd announces Q2FY21 results

TATA Chemicals reports Q2FY21 earnings

De Nora India Ltd Q2 net profit at Rs. 0.14 crore

AEGIS Logistics Ltd Q2FY21 consolidated net profit soars to Rs. 56.96 crore

PTC India Financial Services Ltd posts consolidated PAT of Rs. 31.85 crore in Q2FY21

South India Paper Mills Ltd Q2FY21 net profit at Rs. 6.99 crore

Blue Dart announces Q2 results, Sales at ₹864.42 crores

Kranti Industries Ltd signs MoU with Brembo Brake India Pvt Ltd.

Vodafone Idea Limited reports earnings for Q2FY21

Thomas Cook India & SOTC Introduce Attractive Air Inclusive Holidays - Partner with IndiGo to launch Crazy Deals IndiGo Special

Indian Energy Exchange Limited signs license agreement with MCX

Surya Roshni Ltd board declares interim dividend of Rs. 1.50

Security & Intelligence Services India Ltd Q2FY21 consolidated PAT soars to Rs. 108.08 crore

Purity Flex Pack Ltd Q2FY21 PAT jumps to Rs. 2.39 crore

Surya Roshni Ltd posts consolidated PAT of Rs. 41.92 crore in Q2

Bajaj Healthcare Ltd Q2FY21 PAT jumps to Rs. 20.11 crore

TVS Motor Company Ltd Q2FY21 consolidated PAT at Rs. 179.93 crore

Orient Cement Ltd posts net profit of Rs. 34.81 crore in Q2FY21

MRPL Q2FY21 consolidated PAT at Rs. 111.63 crore

FDC Limited introduces stronger versions of Favipiravir drugs PiFLU and Favenza

Geojit launches global investment platform

RBL Bank and Visa launch instant payouts for fintechs

Chemfab Alkalis Q2FY21 net profit slides to Rs. 0.65 crore

Banaras Beads Ltd Q2 net profit at Rs. 0.86 crore

Astec LifeSciences Ltd's consolidated PAT rises to Rs. 17.84 crore in Q2FY21

GeeCee Ventures Ltd Q2FY21 consolidated net profit at Rs. 2.34 crore

JK Paper Ltd to raise Rs. 260 crore through NCDs

TCS Launches #ThisRun, a Unique Global Community for Runners

Wipro and IBM strengthen relationship; announce the expansion of IBM Hybrid Cloud Practice

Laurus Labs Ltd Board approves dividend of Rs. 0.80

Sunteck Realty Ltd affirmed 'AA-/Stable' long-term and 'A1+' short-term rating by ICRA

Wonderla Theme Park and Resort set to reopen in Bangalore, dedicates first week for COVID-19 Warriors

Canara Bank Q2FY21 consolidated PAT at Rs. 465.88 crore

Andhra Paper Ltd reports loss of Rs. 15.93 crore in Q2FY21

JK Paper Ltd posts Rs. 33.40 crore consolidated PAT in Q2FY21

Saint-Gobain Sekurit India Ltd Q2 net profit at Rs. 2.12 crore

Amarjothi Spinning Mills Ltd Q2FY21 consolidated PAT surges to Rs. 6.16 crore

Ultracab India Ltd posts net profit of Rs. 0.45 crore in Q2

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019