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MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  Tata Consultancy Services    TCS   INE467B01029

TATA CONSULTANCY SERVICES

(TCS)
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Delayed Quote. Delayed NSE India Stock Exchange - 01/28 06:16:24 am
3196.55 INR   -1.98%
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Tata Consultancy Services : EDT Launches Virtual STEM Education Programmes on TCS iON Digital Learning Platform

07/28/2020 | 08:34am EST

Virtual Programmes on Tata Consultancy Services' Platform to Provide Students Access to STEM Experiences of Work.

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organisation, has supported the Engineering Development Trust (EDT), its long-term STEM skills partner, launch virtual educational programmes for school and college students, through its TCS iON Digital Learning Platform.

Due to COVID-19 restrictions, experiences of work, technical skills trainings, and EDT programmes have become inaccessible for many students. To address this gap, EDT has adapted its summer programmes to become virtual by leveraging the TCS iON platform.

EDT is working with 20 UK universities and 300 corporate partners to deliver the programmes. This summer will see the launch of four virtual programmes, including university taster days, experiences of work and activities, to help students interested in STEM subjects gain meaningful experiences and accreditation through Industrial Cadets. EDT and TCS have worked with universities and corporate partners to create virtual university taster courses on the TCS iON Digital Learning Platform, enabling participants to complete them at their own pace. On completion, students are awarded a Silver Industrial Cadet certification.

The TCS iON platform is also extending the reach of TCS' long established Digital Explorers programme, conducted in partnership with EDT, that aims to inspire the next generation to pursue careers in STEM. While the in-person programme typically saw around 700 participants, the first virtual event already has 9,000 registrations so far. It will include Industrial Cadets virtual work experience and experience days throughout the summer in England and into the autumn term in Scotland. Upon completion, students will receive a Challenger Industrial Cadet certification.

'TCS iON is partnering with education institutions across the world to help them navigate the current challenges, and also transition into a digital era where teaching and learning do not have physical boundaries,' said Venguswamy Ramaswamy, Global Head, TCS iON. 'We are delighted to once again work with EDT on programmes that inspire interest in STEM education and careers among students in UK. Virtual delivery democratises access, allowing us to reach more students than ever before.'

'Experiences of work and connections with industry are critical in providing students the chance to make their own choices for their future and we are delighted to be able to offer these opportunities to young people interested in STEM subjects in a new way,' said Julie Feest, CEO, EDT. 'By leveraging TCS iON platform, we are reaching students in new ways and offering them really exciting insights into the world of work. We hope that our virtual programmes will help us broaden our impact across hard to reach areas and focus on disadvantaged young people to answer the issues of widening social divide, equipping them with invaluable skills, introducing them to new people and ultimately making them more employable. I'm excited to see what the future holds for this new way of providing our programmes, and how it can benefit young people to open their eyes to what could be possible for them and their future.'

The TCS iON Digital Learning Platform is used by more than 5 million learners worldwide. It enables corporates, institutes and industry mentors to collaborate on various programmes to teach and inspire the tech leaders of the future.

Find out more about TCS iON: https://learning.tcsionhub.uk/iDH/uk/home

Find out more about the virtual programmes and register: https://membersarea.etrust.org.uk/content/digital-explorers-june-2020

About TCS iON

TCS iON is a strategic business unit of Tata Consultancy Services focused on enabling institutions, government departments and organizations from multiple industry sectors to be efficient in their recruitment/admissions process, learning and skilling and overall business operations with the use of 'Phygital' platforms. These are platforms that overlay digital technologies over physical assets. TCS iON delivers this with a unique IT-as-a-Service model that provides easy-to-use, secured, integrated, and hosted solutions in a build-as-you-grow and pay-as-you-use business model. Serving clients with the help of best practices gained through TCS' global experience, deep domestic market exposure along with industry leading technology expertise.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent AgileTM delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 443,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $22 billion in the fiscal year ended March 31, 2020, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.www.tcs.com.

To stay up-to-date on TCS global news, follow @TCS_News.

About EDT

EDT is a UK wide education charity, creating pathways through education to employment, working in collaboration with industry, education and partners to provide opportunities for young people of all ages providing 40,000 experiences each year.

We are working to our vision of a society where young people across the UK have equal access to engage with STE(A)M* activities and achieve their potential in STEM careers and opportunities for further study.

Through experience days, projects, placements and Industrial Cadets accredited programmes, we

Inspire young minds

Unlock potential

Promote achievement

Encourage attainment

Bridge the gap between industry and education

We keep young people at the heart of what we do, providing industry informed, curriculum enhancing learning experiences to help them fulfil their potential and make informed decisions about their future.

About Industrial Cadets

Industrial Cadets is a nationally recognised benchmark accreditation. EDT developed Industrial Cadets with support from industry by mapping STEM activities against a skills and competency framework. We are committed to offering a learner pathway that encourages young people to have multiple, high quality interactions with businesses, through building successful partnerships with employers and educators across the UK. His Royal Highness The Prince of Wales is Patron of Industrial Cadets.

TCS Media Contacts

Asia Pacific

Email: charlene.lee@tcs.com

Phone: +65 9138 4370

Australia and New Zealand

Email: kelly.ryan@tcs.com

Phone: +61 422 989 682

Benelux

Email: joost.galema@tcs.com

Phone: +31 615 903387

Canada

Email: tia.thomas@tcs.com

Phone: +1 647 790 7602

Central Europe

Email: anke.maibach@tcs.com

Phone: + 49 172 6615789

Europe

Email: mattias.afgeijerstam@tcs.com

Phone: +46723989188

India

Email: arushie.sinha@tcs.com

Phone: arushie.sinha@tcs.com

Japan

Email: douglas.foote@tcs.com

Phone: +81 80-2115-0989

Latin America

Email: martin.karich@tcs.com

Phone: +569 6170 9013

Nordics

Email: roland.bagen@tcs.com

Phone: +46 70 317 80 24

UK

Email: peter.devery@tcs.com

Phone: +44 20 3155 2421

USA

Email: william.thomas@tcs.com

Phone: +1 203-984-3978

(C) 2020 Electronic News Publishing, source ENP Newswire

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Sales 2021 1 644 B 22 508 M 22 508 M
Net income 2021 329 B 4 509 M 4 509 M
Net cash 2021 264 B 3 620 M 3 620 M
P/E ratio 2021 36,3x
Yield 2021 1,48%
Capitalization 11 824 B 162 B 162 B
EV / Sales 2021 7,03x
EV / Sales 2022 6,14x
Nbr of Employees 469 261
Free-Float 26,9%
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Tata Consultancy Services Technical Analysis Chart | TCS | INE467B01029 | MarketScreener
Technical analysis trends TATA CONSULTANCY SERVICES
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 3 259,03 INR
Last Close Price 3 196,55 INR
Spread / Highest target 30,6%
Spread / Average Target 1,95%
Spread / Lowest Target -41,2%
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Rajesh Gopinathan CEO, MD & Non-Independent Executive Director
Natarajan Chandrasekaran Non-Executive Chairman
N. Ganapathy Subramaniam COO & Non-Independent Executive Director
V. Ramakrishnan Chief Financial Officer
K. Ananth Krishnan Chief Technology Officer
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