Tuesday, 31 March 2015

TCS clarifies reports on buyouts stock ends flat

The Exchange had sought clarification from Tata Consultancy Services Ltd with respect to news reports that Tata Consultancy Services show interest in buying Sierra Cedar that operates in US, Canada & India. 

Tata Consultancy Services Ltd clarified that TCS is a global company and the among the largest in terms of market capitalization. TCS further said that the company preferred not to comment on the above newsflow reaffirming its commitment to disclosure of material information

TCS ended lower by 0.40% at Rs 2547. The stock has hit a high of Rs 2567 and a low of Rs 2519. Apparantly, HCL Tech & Tech Mahindra also looking for buyouts

TCS General Meeting to approve merger.

Tata Consultancy Services (TCS) has called for a meeting on its shareholders on April 28, 2015 in Mumbai to approve the proposed scheme of amalgamation of its subsidiary, CMC. Report said that the High Court-appointed shareholders meeting follows clearance scheme of amalgamation received earlier from the stock exchanges.
Earlier on October 16, 2014, TCS announced that its Board of directors had approved the merger between the two companies. The date for the proposed scheme is with retrospective effect from April 1 2015

Monday, 30 March 2015

TCS positioned as Leader by Forrester Research Inc

Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, today announced it has been recognized as a “Leader” in Enterprise Architecture (EA) by Forrester Research, Inc., a leading independent research company, in its report The Forrester WAVE: Enterprise Architecture Service Providers, Q1 2015.

Top 10 multinational consultancies, including TCS, were researched, analyzed and scored across 25-criteria, and grouped into three high-level buckets: Current Offering, Strategy and Market Presence. The focus of the evaluation was on large, global EA service providers with significant scale. Other criteria included a broad set of both ‘Traditional’ and ‘Advanced’ EA service offerings, presence in major geographies, key industry verticals and business domains, as well as sufficient interest from Forrester clients.

TCS received the highest score in the market presence category and achieved the highest possible score in the Financials sub-category. TCS earned the second highest overall score in the strategy category, with highest possible scores in “EA service offering strategy” and “corporate strategy.” TCS was also ranked second in the current offering category with among the highest scores in “vertical experience” and “traditional EA services.” Additionally, TCS received among the second highest scores in the “client satisfaction” category.

TCS continues to grow mindshare in the industry and its EA consultants are increasingly viewed as trusted partners by businesses worldwide.

Friday, 27 March 2015

TCS stock up 2% on launch of smartphone app

Tata Consultancy Services (TCS) is trading on a robust note in early morning deals, on the back of positive news flow. According to a release issued by the company to the exchanges, TCS yesterday announced that it has launched smartphone application that allows users to track, analyse and visualise Twitter conversation about the 2015 UK general elections.
The stock gained to a reach a high at Rs. 2,564 in early trade, and is now up more than 1% at Rs. 2,560.

Thursday, 26 March 2015

TCS launches ElectUK to drive social media on UK general election

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organisation, today launched ElectUK, a smartphone application that allows users to track, analyse and visualise Twitter conversations about the 2015 UK General Election.ElectUK has been created to engage voters, their representatives and political commentators by turning their smartphone into a Big Data social media analytics tool. The app is free to download and is available on both iOS and Android devices. ElectUK uses data taken directly from Twitter and analyses millions of tweets about, and from, the political parties, candidates and the electorate in the 2015 UK General Election.

This data is run through TCS’ PeriVistaTM Big Data analytics software and delivered to the application as a range of share-able graphics. The app is based on a database of more than two thousand parliamentary candidates, allowing users to compare sentiment and trends, including the issues of highest importance in the debate. Last year’s Scottish referendum demonstrated the importance of social media as an engagement tool, with more than 10 million Facebook interactions taking place in the build-up to the vote.  Research indicates that it will play a role in the UK General Election as well, especially with younger voters. According to a recent survey, 37 percent of 18-34 year olds will use Twitter to actively look for information related to the general election.

TCS launches 'ElectUK'

Tata Consultancy Services launched 'ElectUK', a smartphone application that allows users to track, analyse and visualise Twitter conversations about 2015 UK General Election.
ElectUK has been created to engage users by turning their smartphone into a Big Data media analytical tool. The application is free to download and is available on both iOs and Android devices.

Wednesday, 25 March 2015

TCS, Cloudera announces Certification of TCS Big Data Solutions

Tata Consultancy Services, a leading IT services, consulting and business solutions organization, in partnership with Cloudera, the leader in enterprise analytic data management powered by Apache Hadoop, today announced the certification of Big Data Solutions on Cloudera Enterprise through the Cloudera Certified Technology Program (CCTP). This follows the recent TCS and Cloudera partnership to deliver “Best of Breed” Big Data Solutions.

TCS provides customer and industry expertise, digital transformation and Digital Reimagination™ solutions and services, backed by its Global Network Delivery Model™ (GNDM), complementing Cloudera’s strong enterprise expertise, technology and industry leadership, and 24x7 proactive and predictive support. Customers will have complete confidence in adopting Cloudera Enterprise with TCS solutions that have been tested, validated and certified to work with a Cloudera enterprise data hub. TCS’ Big Data Solutions certified on Cloudera Enterprise are:

TCS Peri Vista - A single, unified view of the customer providing comprehensive insights gained by integrating data from various social media sources and internal unstructured data sources (e.g., email and chat), with existing structured data from traditional systems of record, providing a platform for advanced customer analytics.  Harmonizes external and internal customer data to provide insights to improve customer experience, grow revenue and enable innovation to digitally reimagine the way enterprises do business.

TCS Sensor Data Analytics IoT Framework - Highly customizable Big Data framework to collect, store and analyze a variety of sensor and log data from Internet of Things (IoT) deployments. Industry applications in the IoT space (e.g., predictive maintenance, machine diagnostics, telematics processing, remote monitoring, and early warning systems for automobiles) are built on this framework. Benefits include reduced downtime, uncovering of hidden patterns for greater operational efficiency, and ability to offer opex based business models instead of capex based business models.

TCS ActiveArchive - High performance archival solution providing scalable, secure, robust, and cost effective Big Data Archive, where archived structured and unstructured data is kept “warm” for easy access and analytics.  This tool manages explosive amounts of data, and addresses the high cost of data storage and compliance needs related to stringent data retention regulations. 

Cloudera, the most widely used Hadoop distribution in the world, delivers differentiated performance, security, management, and governance. Cloudera certifications allow customers to choose the right solutions with confidence, and extract maximum business value from their investments. Together, TCS and Cloudera are providing the expertise, skills, delivery model, cost structure, and track record of customer successes in big data and analytics projects across industries and the globe.