TCS Positioned in the 2020 Gartner Magic Quadrant for Enterprise Agile Planning Tools for its Jile™ Platform

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and businesssolutions organization, has been positioned in the Gartner Magic Quadrant for Enterprise Agile Planning Tools1 for the second consecutive year for Jile™, its cloud-based Agile DevOps platform.

"Business 4.0™ enterprises are companies that invest in their digital transformation initiatives with comprehensive software application development and delivery platforms, such as Jile, to drive an Agile culture and mindshare across the organization," said Durga Maruwada, Business Head - Jile, TCS. "We believe this positioning is a recognition of Jile's ability to enable enterprises to align IT initiatives with core business objectives as well as equip Agile teams with the right set of tools, processes and controls to continuously deliver value to stakeholders."

Jile is a comprehensive platform that empowers companies in their digital transformation journeys to become Business 4.0 enterprises by moving development and delivery toolsto the cloud and applying Agile methods to large-scale, multi-site software development programs. Distributed Agile teams can manage synchronized, incremental delivery of large systems involving complex sub-products, across different technology stacks, each with its own product vision, roadmap, and release cycle. In this way, Jile helps organizations that develop and manage large IT systems embrace Agile and DevOps at scale to promote innovation and achieve business agility.

TCS is one of 16 vendors in the Magic Quadrant this year. According to the report, "The enterprise agile planning tools evaluated in this Magic Quadrant have capabilities for planning and collaborating at a team level, but also provide functionality that enables scaling across multiple teams… The drive to provide continuous value has led enterprises to shift from a project-based software delivery approach to one that treats applications as products."

"Jile is an Enterprise Agile Planning tool with the addition of DevOps capabilities in a single platform that orchestrates and automates the CI/CD pipeline and includes test management. These capabilities provide stakeholders visibility into the software delivery value stream allowing them to remove bottlenecks and extract information to make better business decisions," added Durga Maruwada.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2005.2 as compared to the previous close of Rs. 2005.1. The total number of shares traded during the day was 110455 in over 9989 trades.

The stock hit an intraday high of Rs. 2013 and intraday low of 1971.25. The net turnover during the day was Rs. 219476216.

1 Gartner, Magic Quadrant for Enterprise Agile Planning Tools, Keith Mann, Mike West, Bill Blosen, Akis Sklavounakis, Deacon Wan. April 21, 2020.

Source : Equity Bulls

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