Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been named a Leader in Everest Group's Peak Matrix® for Identity and Access Management Services (IAM).
The report evaluated 21 leading IAM service providers, who offer highly tailored security services, such as single-sign on, multi-factor authentication, privileged access management, and identity governance for compliance assurance.
TCS' comprehensive portfolio of identity-led zero trust offerings, advanced access control services, DevOps integrated IAM services complemented by maturity assessment frameworks, automation libraries and accelerators have been called out as its strengths in the report. The report further cites that TCS' active investments in identity data aggregation and analytics, and experience of delivering CIAM engagements, could benefit enterprises in securing their digital identity ecosystem.
"Enterprises are expanding their digital footprint with cloud-based solutions and hyperconnected critical infrastructure while weaknesses in the human element of security are exponentially rising. IAM will thus play an increasingly significant role in ensuring cyber confidence in enterprise boundaries, controls, and cyber risk management readiness. Our holistic approach, innovative solutions and accelerators have successfully delivered IAM adoption, modernization, and transformation - using the best technology products, our processes, accelerators, and automation - for many of our clients, maximizing their investments," said Santha Subramoni, Head, Cybersecurity Practice, TCS. "This Leadership position is a testament to our vision, strategy and market success of our comprehensive digital identity management solutions that help our customers ensure digital trust and grow their businesses."
TCS offers a comprehensive portfolio of cybersecurity services including consulting and advisory, security-asa-service, industry-nuanced solutions, and managed security services across areas including detection and response, identity and access management, vulnerability management, governance, risk and compliance, data privacy and protection, digital forensics and incident response, cloud security, data security, and IT/OT security services.
As part of its offering for identity and access management TCS' provides digital identity as a managed service. It harnesses the power of automation and analytics to ensure the right access to digital assets. It addresses identity and access risks through automated security controls and provides better governance and administration across the digital identity lifecycle. The offering provides faster time to market, better user experience, and enables compliance- and risk-driven access controls across on premise and multi cloud infrastructure.
"TCS has made significant investments in developing intellectual properties centered on identity-led zero trust services, responding to growing market demand. In addition, TCS emphasizes the critical role of hyperautomation in IAM implementation scenarios including areas such as bulk onboarding of applications/systems into IGA/PAM/WAM, streamlining IAM business processes, swift automated responses in ITDR, and advanced identity analytics. These combined strengths have earned TCS the position as a Leader in the Everest Group's IAM Services PEAK Matrix® Assessment for 2023," said Kumar Avijit, Practice Director, Everest Group.
Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3375.00 as compared to the previous close of Rs. 3380.60. The total number of shares traded during the day was 82413 in over 7090 trades.
The stock hit an intraday high of Rs. 3391.80 and intraday low of 3360.00. The net turnover during the day was Rs. 278167930.00.