TCS gains on launching its big data product ‘TCS Active Archive’

04 Dec 2014

Tata Consultancy Services is currently trading at Rs. 2638.00, up by 2.95 points or 0.11% from its previous closing of Rs. 2635.05 on the BSE.

The scrip opened at Rs. 2664.00 and has touched a high and low of Rs. 2665.00 and Rs. 2620.00 respectively. So far 19902 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2834.00 on 07-Oct-2014 and a 52 week low of Rs. 1960.00 on 13-Dec-2013.

Last one week high and low of the scrip stood at Rs. 2709.00 and Rs. 2619.00 respectively. The current market cap of the company is Rs. 517505.73 crore.

The promoters holding in the company stood at 73.90 % while Institutions and Non-Institutions held 21.64 % and 4.47 % respectively.

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has launched its big data product ‘TCS Active Archive,’ powered by technology from EMC, one of the most influential leaders in cloud computing, virtualization, big data, and IT security and protection. Specifically designed for big data environments, the solution offers a high level of performance, scalability, security, and cost controls for archiving, retrieving, retaining, and managing the growing volume and variety of enterprise data.

TCS Active Archive is a combination of TCS' strong product development capabilities and business process expertise in big data. It is built upon the Industry-leading EMC analytics platform and infrastructure.

TCS is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.

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