01-01-1970 12:00 AM | Source: Accord Fintech
Coforge jumps on extending partnership with Cisco AppDynamics
News By Tags | #6339 #409 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Coforge is currently trading at Rs. 4337.35, up by 187.65 points or 4.52% from its previous closing of Rs. 4149.70 on the BSE.

The scrip opened at Rs. 4201.00 and has touched a high and low of Rs. 4340.20 and Rs. 4201.00 respectively. So far 20593 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 6133.00 on 04-Jan-2022 and a 52 week low of Rs. 2706.00 on 26-Mar-2021.

Last one week high and low of the scrip stood at Rs. 4405.00 and Rs. 4085.00 respectively. The current market cap of the company is Rs. 26272.40 crore.

The promoters holding in the company stood at 49.97%, while Institutions and Non-Institutions held 39.41% and 10.62% respectively.

Coforge has extended its partnership with Cisco AppDynamics, the leading full-stack, business-centric observability platform. This strengthened collaboration will see the launch of a new Performance Monitoring-as-a-Service (PMaaS) offering for business-critical applications. The PMaaS will initially focus on supporting Pega, a business decision making software provider.

Coforge in partnership with AppDynamics, will offer PMaaS to provide customers with a unified interface that incorporates the Pega environment into an organisation’s entire infrastructure management view. The offering correlates business KPIs with application and infrastructure performance to deliver a superior end-user experience. This solution will help customers to proactively monitor and identify anomalies that would negatively affect an application’s performance. PMaaS offers a unique combination of best-in-class Pega deployment expertise from Coforge with AppDynamics’ industry-leading application performance monitoring and observability platform.

Coforge (Formerly known as NIIT Technologies) is a leading global IT solutions organization, enabling its clients to transform at intersect of unparalleled domain expertise and emerging technologies to achieve real-world business impact.