Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been positioned as a Leader and Star Performer in Everest Group's PEAK Matrix® for System Integration (SI) Capabilities on Google Cloud.
According to the report, TCS' distinguishing feature of market success is its practice of embedding innovation across client engagements to maximize value delivered. It goes on to say that TCS is a well-suited choice for enterprises looking to realize better value from their investments in the Google Cloud.
Cited as key strengths were TCS' multiple Google Cloud-specific industry-contextualized solutions such as anti-money laundering and fraud detection for BFSI; visual inspection for manufacturing, utilities and energy; and predictive maintenance for utilities, travel, and manufacturing customers. Additionally, the report states that clients have appreciated TCS' domain and technical expertise, innovation, and value-addition initiatives during Google Cloud engagements.
"TCS helps businesses re-imagine, plan, navigate, and realize what's possible with the cloud. Our deep industry knowledge; comprehensive portfolio of intellectual property, services, and solutions; and our ability to scale on Google Cloud make us the preferred transformation partner for customers to achieve their purpose-led sustainable growth," said Nidhi Srivastava, Global Head, Google Cloud Business, TCS. "This leadership position reflects our vision, capabilities, industry acumen, and the resultant market impact."
The TCS Google Business Unit offers companies a full complement of services and solutions, leveraging TCS' domain-focused innovation and Google Cloud's suite of technologies. These include advisory and foundational cloud-build services, infrastructure, application and data modernization services, managed services for hybrid and multi-cloud environments, support for SAP on Google Cloud, application development, and data-centric, fit-to-purpose digital solutions across industries.
TCS provides cloud-native services and solutions across new technologies such as the Internet of Things, intelligent edge-to-core, and blockchain to enhance end-customer value. TCS' suite of cloud accelerators, rendered on the Google Garage, offer an immersive experience for companies to experiment and build viable versions of a product. TCS has achieved 11 specializations, including: Application Development, Infrastructure, Work Transformation - Enterprise, Data Analytics, Machine Learning, Cloud Migration, Security, Marketing Analytics, SAP, Data Management, and IoT.
TCS has received several Google Cloud awards for its comprehensive and compelling digital solutions that are part of the industry's overall transformation, including: 2021 Industry Solution Partner of the Year for Retail; 2021 Global Diversity & Inclusion Partner of the Year; 2020 Breakthrough Partner of the Year; and Global System Integrator Leader within the Google Cloud Partner Advantage Program.
"TCS is making targeted investments in Google Cloud-specific advanced specializations and strengthening the partner ecosystem through its Google Cloud Business Unit. Its products and platforms such as TCS Omnistore™ and TCS WaferWise have an array of industry-contextualized solutions, built leveraging Google Cloud's engineering building blocks. Enterprise clients have also applauded its innovation and value-addition initiatives. These factors have contributed to its positioning as a Leader in Everest Group's System Integration (SI) Capabilities on Google Cloud Platform (GCP) PEAK Matrix® Assessment 2022," said Mukesh Ranjan, Vice President, Everest Group.
Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3354.05 as compared to the previous close of Rs. 3332.65. The total number of shares traded during the day was 196455 in over 14413 trades.
The stock hit an intraday high of Rs. 3367.00 and intraday low of 3322.05. The net turnover during the day was Rs. 658774252.00.