Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced that its award-winning TCS Clever Energy™ solution that helps commercial and industrial organizations reduce carbon emissions, is now available on Google Cloud.
Businesses can now leverage the enterprise-grade energy and emission management solution, TCS Clever Energy, on Google Cloud's carbon-neutral data cloud integrated with artificial intelligence (AI) for speed, scale, and security.
TCS Clever Energy leverages Internet of Things (IoT), AI, machine learning, and cloud to help organizations understand intricate energy performance factors, enabling them to become more sustainable and empowering leaders to make informed decisions without compromising business needs. It monitors energy use 24x7, giving enterprises a consolidated view, and provides predictive analytics and insights, to improve and speed up decision making to improve asset utilization. Clever Energy helps reduce energy consumption and decrease carbon emissions while saving energy costs.
"With climate change concerns gaining greater urgency, efficient energy usage and management becomes the need of the hour for every organization," said Regu Ayyaswamy, Global Head, IoT and Digital Engineering, TCS.
"We are pleased to announce that TCS Clever Energy is now available on Google Cloud. We look forward to helping more enterprises optimize energy consumption, accelerate their journey to net zero with minimal new capital investment, and become more sustainable."
TCS Clever Energy is helping a multinational pulp and paper manufacturer reduce emissions, achieving 10% energy savings year-over-year. At a multi-brand retailer, TCS Clever Energy is at work across over 1,000 sites, including offices, stores, warehouses, and malls, driving its carbon dioxide reduction by 25,000 tons.
"Enterprises are looking for solutions that provide a comprehensive understanding of how they consume energy and the ability to convert those insights into more sustainable business decisions," said Kevin Ichhpurani, Corporate Vice President, Global Partner Ecosystem & Channels, Google Cloud. "With TCS Clever Energy now available on Google Cloud, customers can lower their energy consumption, costs, and emissions, all while running on our carbon-neutral infrastructure."
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 IoT, 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 and received several Google Cloud awards for its comprehensive and compelling digital solutions, including the 2021 Industry Solution Partner of the Year for Retail; 2021 Global Diversity & Inclusion Partner of the Year; and 2020 Breakthrough Partner of the Year.
Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3357.45 as compared to the previous close of Rs. 3435.40. The total number of shares traded during the day was 79115 in over 10257 trades.
The stock hit an intraday high of Rs. 3444.85 and intraday low of 3347.70. The net turnover during the day was Rs. 267128032.00.