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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 - 01/27 06:14:10 am
3261.05 INR   -0.92%
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Tata Consultancy Services : TCS iON Launches Remote Assessments Product

05/20/2020 | 08:19am EST

TCS iON Launches Remote Assessments Product; Enables Students to Take Exams Anywhere.

Tata Consultancy Services' New Product Enables Secure Digital Assessments for Candidates from Home, Leveraging AI/ML Algorithms

TCS iON, a strategic unit of Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced the launch of Remote Assessments, a product that enables universities and exam boards to conduct secure, free and fair examinations at scale, in a remote model.

The exam schedule of education institutions and exam conducting boards have been deeply impacted due to the current pandemic. TCS iON Remote Assessments helps address this challenge by enabling students to appear for exams from home or anywhere.

TCS iON Remote Assessments enables controls at three levels, based on the institution's requirements. At the basic level, it locks down the candidate's device - desktop, laptop, tablet or smartphone, and just enables it to capture exam responses. At the second level, the product leverages the camera of the device and sends a video stream to a central server on the cloud. These video streams are analyzed using artificial intelligence and machine learning frameworks to detect malpractice attempts and alert the invigilators. The third level includes all these features as well as enables invigilators to proctor candidates in real-time, from anywhere.

The system also provides a rich set of features for invigilators to monitor candidates and take appropriate actions. TCS iON Remote Assessments supports more than 50 question types and gives an opportunity for the exam conducting authorities to evaluate students using subjective questions, diagrams and formulas. It also provides the ability to create question papers quickly and maintain them in an encrypted form, till they are shared with students just-in-time for the exam.

Most of the responses can be evaluated by the system and subjective answers can be assessed by an evaluator. The platform seamlessly integrates with the TCS iON Remote Marking platform, allowing assessors to mark candidate responses from home. Scores are digitally processed and published, drastically reducing the time taken to announce the results.

Commenting on the announcement, Venguswamy Ramaswamy, Global Head, TCS iON, said, 'Continuing our efforts to help the education sector with remote enablement, we launched the TCS iON Remote Assessments product. This will ensure that exam administrators are able to conduct exams in a secure way, at speed and with no dependency on the candidates', proctors' or exam administrators' location. This will help authorities quickly schedule and complete the exam process.'

A large number of reputed examination bodies and education institutions have already started leveraging TCS iON Remote Assessments to conduct their academic exams. So far, more than 28 Million candidates have been assessed through this product. Interested bodies can quickly start scheduling assessments by registering at https://iur.ls/RemoteAssessments.

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 448,000 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.

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

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: +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

Email: b.trounson@tcs.com

Phone: +1 646 313 4594

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2021 1 644 B 22 501 M 22 501 M
Net income 2021 329 B 4 507 M 4 507 M
Net cash 2021 264 B 3 619 M 3 619 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%
Chart TATA CONSULTANCY SERVICES
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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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