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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 12:39:57 am
3228.25 INR   -1.01%
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Tata Consultancy Services : NXP Partners with TCS to Transform its Enterprise Supply Chain IT Operations with ignio™

07/15/2019 | 03:55am EST

Tata Consultancy Services' Cognitive Automation Software and Private Cloud to Help the Semiconductor Company Future-Proof its Supply Chain IT Operations

EINDHOVEN | MUMBAI, July 15, 2019: Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced a partnership with NXP Semiconductors, to transform the latter's enterprise supply chain IT operations with ignio™ and the TCS Private Cloud on alpha architecture.

As a foundational technology provider in areas such as connectivity, embedded applications, smart vehicles, and data privacy, NXP plays a pivotal role in the evolution of digital technologies. To stay competitive in this dynamic environment, NXP is partnering with TCS to reimagine and futureproof its supply chain systems. TCS will leverage its award-winning cognitive automation software, ignio, and the TCS Private Cloud on alpha architecture, to deliver this transformation.

ignio automates and optimizes an enterprise's IT operations with its unique and innovative cognitive capability that blends artificial intelligence, machine learning, and advanced software engineering. ignio uses its context-aware reasoning capability to quickly and autonomously resolve issues when they arise, and preempt incidents wherever possible.

ignio will support all three layers - the functional application layer, the technical application management layer and the underlying infrastructure layer - of the technology stack underlying the end to end functionality of NXP's business critical supply chain applications covering all core modules, supply chain planning, PLM, customer quotation and warehouse management. By making the entire stack self healing, ignio will boost the resilience, reliability, agility and effectiveness of NXP's supply chain IT operations.

Further, the TCS Private Cloud on alpha architecture, with automated provisioning and zero-touch architecture, will provide a robust, agile, secure, and scalable business core to NXP's supply chain operations.

'TCS has been NXP's partner of choice for enterprise IT and has played a critical role in enabling our strategic programs like mergers and acquisitions. Operational stability, security and quality of IT services are very critical for the success of our business in this challenging environment. We strongly believe that AI-based technologies drive a smarter world and want to use them in our internal operations. TCS' ignio is a key component that will enable intelligent supply chain operations,' said Olli Hyyppa, Senior Vice President and Chief Information Officer, NXP Semiconductors.

'NXP and TCS have established a great partnership spanning over a decade. We are very glad to be part of such a critical business transformation initiative, which establishes the foundation for NXP to become a future proof digital enterprise by simplifying and standardizing the supply chain IT landscape and significantly boosting business velocity,'commented V Rajanna, Global Head, Technology Business Unit, TCS.

'ignio helps IT executives become custodians of an intelligent IT estate, liberating them from operational challenges and freeing up bandwidth for innovation and transformation,' said Akhilesh Tripathi, Global Head, Digitate. 'We welcome NXP into the growing family of ignio's marquee customers across the world, who have leveraged its AI/ML based cognitive automation capabilities to transform their enterprise IT.'

About Digitate

Launched in 2015, ignio reimagines enterprise IT operations with its unique and innovative design that blends artificial intelligence, machine learning, and advanced software engineering to quickly resolve issues when they arise and preempt incidents wherever possible. ignio currently manages millions of technology resources autonomously and has been adopted by more than 100 clients, many of which are Fortune 500 and Global 2000 corporations.

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 the last fifty 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 Agile 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 436,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $20.9 billion in the fiscal year ended March 31, 2019, 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.

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

Central Europe

Email: anke.maibach@tcs.com

Phone: +49 172 6615789

Europe

Email: mattias.afgeijerstam@tcs.com

Phone: +46 723 989 188

India

Email: arushie.sinha@tcs.com

Phone: +91 22 6778 9960

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: +46703178024

UK

Email: peter.devery@tcs.com

Phone: +44 20 3155 2421

USA / Canada

Email: b.trounson@tcs.com

Phone: +1 646 313 4594

Disclaimer

TCS - Tata Consultancy Services Ltd. published this content on 15 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2019 07:54:10 UTC


© Publicnow 2019
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Financials
Sales 2021 1 644 B 22 480 M 22 480 M
Net income 2021 329 B 4 503 M 4 503 M
Net cash 2021 264 B 3 616 M 3 616 M
P/E ratio 2021 37,0x
Yield 2021 1,45%
Capitalization 12 063 B 165 B 165 B
EV / Sales 2021 7,18x
EV / Sales 2022 6,27x
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
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 3 259,03 INR
Last Close Price 3 261,05 INR
Spread / Highest target 28,1%
Spread / Average Target -0,06%
Spread / Lowest Target -42,3%
EPS Revisions
Managers and Directors
NameTitle
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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