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 Avasant RadarView™ for Higher Education Digital Services1.
According to the report, TCS specializes in transforming student and faculty experiences,through adaptive learning, education models, digitized assessment criteria, and hyper-personalized content, and modernizing campuses, through process automation, bots-led assistance, and cloud-based learning. It goes on to say that TCS has co-developed solutions and/or planned a joint GTM strategy with leading technology providers, to provide customized solutions across the educational service line.
"TCS is helping educational institutions adopt next-gen technologies and drive digital transformation to reimagine business models, enhance the overall learning experience, vastly improve student outcomes, and make education more inclusive and affordable," said Ankur Mathur, Head, Education Business, TCS. "We believe this Leadership recognition by Avasant, is a reflection of our customer focus, vision, investments in innovation, strong execution capabilities and strategic partnerships established to accelerate digital transformation in the education sector."
TCS' Education Business Unit helps customers across the globe make a positive impact in the lives of learners through innovative use of technology. To align with emerging industry dynamics, TCS has developed a comprehensive portfolio of intellectual property using its digital capabilities.
TCS iON™ uses uniquely built phygital platforms that overlay digital technologies over physical assets. Its interventions reimagine and transform all the key processesin the education domain, and have seen great market success. The TCS iON platform also offers a wide range of multi-modal learning courses imparting a varied range of skills and proficiencies.
TCS iON's Digital Assessment product that enables universities and exam boards to conduct secure and fair examinations at scale, has enabled digital assessments for around 250 million students. TCS' automation-based AI solution for end-to-end student outreach helps customers increase enrollments and drive growth.
To promote digital adoption in the higher education vertical, TCS is investing heavily in research and innovation through its Co-Innovation Network (COIN™). It brings together a network of experts from the start-up, research, academics, and corporate worlds to collaborate and innovate. TCS is connected with more than 170 educational institutes across the globe and has multiple ongoing projects, innovation labs and has delivered numerous internships in the field of research and innovation. In addition, it has built a robust partner ecosystem to implement end-to-end digital solutions for clients.
"TCS' dedicated Education Business Unit has been transforming student and faculty experiences. TCS is modernizing campuses through its differentiated product portfolio of IP assets and digital offerings (such as TCS iON and student enrollment solutions), continued investments in cutting-edge technologies through industry-specific Pace Port labs, and support from its Tata ecosystem. Additionally, by leveraging its strategic alliances with leading technology, solutions, and integration platform providers, it has co-developed solutions (such as Oracle Student Cloud) for the educational service line," said Pooja Chopra, Research Leader, Education Space, Avasant. "Development and implementation of industry-specific, customized digital solutions through an innovation-led approach, in conjunction with a strong partner ecosystem, has placed TCS as the leader in Avasant's Higher Education Digital Services 2021-2022 RadarView."
Shares of Tata Consultancy Services Ltd. was last trading in BSE at Rs. 3862.5 as compared to the previous close of Rs. 3864.95. The total number of shares traded during the day was 141321 in over 7380 trades.
The stock hit an intraday high of Rs. 3896.95 and intraday low of 3852.3. The net turnover during the day was Rs. 547640137.
1Higher Education Digital Services 2021-2022 RadarViewTM, Pooja Chopra, Avasant, July 2021