TCS Recognized as a Leader in Gartner® Magic Quadrant™ for Oracle Cloud Application Services, Worldwide

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been positioned as a Leader in the Gartner Magic Quadrant™ for Oracle Cloud Application (OCA) Services, Worldwide. The research evaluated 15 service providers' capabilities to deliver Oracle cloud application assessment, implementation and management services on a worldwide basis. TCS was identified as one of six Leadersin the report.

"TCS helps customers transform their businesses to improve customer experience, accelerate time-to-market and maximize stakeholder value using Oracle cloud solutions," said Prashant Shirgur, Global Head, Enterprise Application Services, TCS. "We believe this positioning as a Leaderis a reflection of our vision, investments in innovation and intellectual property, deep industry knowledge, expertise in cloud technologies, and the endorsements of our customers.We think our position in the Leaders quadrantin the Gartner Magic Quadrant for OCA is indicative of our rapidly growing strength and maturity in these capabilities."

TCS offers a comprehensive suite of Oracle cloud services, including design thinking, advisory, innovation consulting, implementation, and other digital support services. TCS leverages its intellectual property-led assets and accelerators as part of a comprehensive approach to modernize enterprise businesses, helping shape ecosystems and adopt new business models.

TCS Crystallus™ for Oracle Cloud is an insight-driven, digitally integrated platform that helps clients envision, innovate, develop, and deliver end-to-end solutions using accelerators such as OSAT+ and DataSure. TCS' Cognitive Enterprise for Oracle offerings leverage BizDevOps and new technologies like artificial intelligence, machine learning, automation, and Internet of Things to improve clients' functional processes, while its proprietary accelerator QUpdates reduces software patching downtime and helps manage quarterly updates.

With over three decades of relationship built on a powerful framework for joint innovation and transformation, TCS and Oracle have been helping clients apply innovation so they can anticipate and prepare for the next wave of technology disruption.

Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3206.80 as compared to the previous close of Rs. 3211.25. The total number of shares traded during the day was 87160 in over 9718 trades.

The stock hit an intraday high of Rs. 3234.00 and intraday low of 3201.10. The net turnover during the day was Rs. 280568448.00.

Source : Equity Bulls

Keywords

TataConsultancyServices INE467B01029 TCS GartnerMagicQuadrant OracleCloudApplicationServices Leader