TCS Recognized as a Leader in Gartner Magic Quadrant for Data Center Outsourcing & Hybrid Infrastructure Managed Services, North America

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 Data Center Outsourcing and Hybrid Infrastructure Managed Services, North America1. TCS received this position for the fifth year in a row.

"A flexible digital foundation is the backbone for enterprise business operations. During these unprecedented times, enterprises need to have an adaptive core that will enable operational resilience, agility and superior customer experience. TCS has been partnering with leading corporations across the world, helping them modernize their legacy IT environments and build a new future-ready and adaptive core," said Krishna Mohan, Deputy Head, Cognitive Business Operations, TCS. "We believe our Leadership position is a recognition of our vision, investments, and track record in helping customers enhance their resilience and adaptability."

TCS leverages its Machine First™ Delivery Model (MFDM™) to help enterprises move up the automation maturity curve in a controlled, predictable, and planned manner. In addition to collaborating with leading automation product vendors, TCS deploys its own closed-loop autonomous enterprise software, ignio™, to transform customers' diverse and complex IT infrastructure landscape into highly resilient, self-healing stacks.

TCS' data center outsourcing and hybrid infrastructure managed services offerings include:

Agile and Intelligent Data Center Solution: An end-to-end next generation infrastructure services portfolio consisting of Agile business data center offerings powered by MFDM, which help customers increase speed to market for digital products. Key components include a Digital Delivery platform for seamless operations, Secure Borderless Workspace™ (SBWS™), DevOps, Infrastructure as Code (IaC), container platforms, High Performance Computing (HPC) for business agility, IT disaster recovery services and automation, and backup and data protection solutions for business resiliency. Hybrid IT solutions provides IaaS, PaaS and Container as a Service (CaaS). Through its strong capabilities in the public cloud, the TCS Enterprise Cloud and onpremise clouds, powered by Software Defined Data Center (SDDC), the company enables elasticity and borderless capacity.

TCS Enterprise Cloud: Provides a broad range of flexible cloud infrastructure options to support dynamic cloud services. The hybrid cloud platform is powered by Alpha 4.0 Stack and integrated with SDx capability, enabling automation at all levels. It helps customers manage private and multi cloud platforms, optimize IT resource utilization and reduce IT costs.

TCS Cloud Exponence: Comprehensive, centralized delivery platform for public cloud and hybrid IT 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.

AI-ready Infrastructure: Eliminates the complexity and bottlenecks of managing large big data and highperformance infrastructure with GPU and CPU, enabling users to access and manage the computing resources to test, train and deploy AI algorithms across hybrid platforms.

Intelligent Edge Computing: Provides services for discovery, build, deployment and end-to end visibility and management across Edge infrastructure and applications, focusing on emerging business cases such as video analytics, remote monitoring and predictive maintenance, fleet management, and connected vessels.

"With our success in delivering enterprise-wide automation through MFDM, investments in our enterprise cloud platform, strong partnerships with hyperscale providers and our Agile data center offerings supporting software defined technologies, TCS is well positioned to address the hybrid IT needs of its customers and help them attain borderless capacity, required to succeed in the Business 4.0™ era," added Krishna Mohan.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2225.6 as compared to the previous close of Rs. 2209.75. The total number of shares traded during the day was 133461 in over 8168 trades.

The stock hit an intraday high of Rs. 2240.7 and intraday low of 2202. The net turnover during the day was Rs. 296512569.

1 Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, North America, Mark Ray, Daniel Barros, Stephanie Stoudt-Hansen, Andrew Miljanovski, Leah Ciavardini, Gartner, June 9, 2020

Source : Equity Bulls

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