TCS rises on partnering with GE to integrate intelligence into Services Data Lake Platform

08 Sep 2017

Tata Consultancy Services is currently trading at Rs. 2472.05, up by 13.10 points or 0.53% from its previous closing of Rs. 2458.95 on the BSE.

The scrip opened at Rs. 2463.00 and has touched a high and low of Rs. 2473.00 and Rs. 2458.95 respectively. So far 2250 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2707.40 on 06-Jun-2017 and a 52 week low of Rs. 2054.70 on 15-Nov-2016.

Last one week high and low of the scrip stood at Rs. 2482.50 and Rs. 2440.00 respectively. The current market cap of the company is Rs. 472829.03 crore.

The promoters holding in the company stood at 73.57%, while Institutions and Non-Institutions held 22.23% and 4.20% respectively.

Tata Consultancy Services (TCS) has partnered with GE to integrate intelligence into Services Data Lake Platform. TCS and GE’s Power Services business (PS), have together completed a complex integration of field service technician information into a Services Data Lake. The platform improves financial process efficiency for power generation asset service operations by integrating disparate data of service work orders and case management from multiple product and service lines including parts, services and repairs.

TCS partnered with GE to deliver Business Data Object Modeling, designed for high performance analytics and reporting. The Services Data Lake digital platform delivers crucial data that is refreshed 90 percent faster than existing solutions, leading to a 20 percent reduction in financial closure cycle time.

Tata Consultancy Services (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. The company offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services.

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