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    TCS   INE467B01029

TATA CONSULTANCY SERVICES LTD.

(TCS)
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Tata Consultancy Services and the University of Tokyo Announces a Strategic Partnership to Conduct Joint Academic-Industry Research

10/21/2020 | 03:09am EDT

Tata Consultancy Services and the University of Tokyo announced a strategic partnership to conduct joint academic-industry research. The strategic partnership aims to drive business innovation across four focus pillars: Technological Collaboration: Members from UTokyo's Graduate School of Information and TCS' research team will explore joint research on the `Future of Work', exploring the deployment of tele-robotics in unstructured environments with shared autonomy between robots and humans. The project will leverage TCS' leading edge work in the field of cognitive robotics, which looks at robotic solutions spread across telepresence and teleoperations for the realization of agile workforces. Talent Exchange: Research faculty from TCS' Research & Innovation group will engage undergraduate and postgraduate UTokyo students through intensive lecture programs, starting with the field of embedded systems and robotics. Lectures will be conducted remotely using TCS Pace PortTM infrastructure. TCS will also offer internship opportunities to select UTokyo students/researchers, who will gain from immersive research and learning opportunities at TCS' global facilities. UTokyo and TCS will also engage surrounding communities through a collaborative STEM education program centering around computer programming and programming-based logical thinking. The joint initiative will aim to nurture digital literacy and computational acumen amongst local junior high-school students. Innovation: The application of design thinking as a framework for ideation and innovation is a common area of focus for the two partners. The Institute of Industrial Science, UTokyo's `DLX Design Lab' will collaborate with TCS' service-design specialists to curate highly customized solutions that address real-world challenges of TCS customers. Start-up Engagement: TCS will incorporate UTokyo's 400-strong startup ecosystem into its TCS Co-Innovation Network (TCS COINTM), providing them global market access. Through various partner and customer engagements, these ecosystem partners will see the potential real-world application of their cutting-edge technologies expedited. UTokyo and TCS will form a steering committee which will regularly convene and oversee the direction of engagements. Together the organizations look to work flexibly together to explore areas of high-synergy, establishing joint-research projects aimed at delivering innovative answers to some of the world's most pressing challenges.


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Financials
Sales 2022 1 906 B 25 827 M 25 827 M
Net income 2022 393 B 5 325 M 5 325 M
Net cash 2022 415 B 5 628 M 5 628 M
P/E ratio 2022 36,5x
Yield 2022 1,97%
Capitalization 14 320 B 194 B 194 B
EV / Sales 2022 7,29x
EV / Sales 2023 6,45x
Nbr of Employees 488 649
Free-Float 27,8%
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Number of Analysts 38
Last Close Price 3 871,30 INR
Average target price 3 640,61 INR
Spread / Average Target -5,96%
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Managers and Directors
Rajesh Gopinathan CEO, MD & Non-Independent Executive Director
Samir Seksaria Chief Financial Officer
Natarajan Chandrasekaran Non-Executive Chairman
K. Ananth Krishnan Chief Technology Officer
N. Ganapathy Subramaniam COO & Non-Independent Executive Director
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