TCS gains on launching Enterprise 5G Edge suite with Microsoft Azure private mobile edge computing
Tata Consultancy Services is currently trading at Rs. 3573.00, up by 28.65 points or 0.81% from its previous closing of Rs. 3544.35 on the BSE.
The scrip opened at Rs. 3568.00 and has touched a high and low of Rs. 3577.30 and Rs. 3538.25 respectively. So far 55082 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4045.50 on 18-Jan-2022 and a 52 week low of Rs. 2986.30 on 18-Mar-2021.
Last one week high and low of the scrip stood at Rs. 3577.30 and Rs. 3452.25 respectively. The current market cap of the company is Rs. 1319433.13 crore.
The promoters holding in the company stood at 72.19%, while Institutions and Non-Institutions held 22.95% and 4.86% respectively.
Tata Consultancy Services (TCS) has launched Enterprise 5G Edge suite of solutions with Microsoft Azure private mobile edge computing (private MEC). The TCS suite brings together comprehensive capabilities that help enterprises design, integrate, implement, and operate an enterprise 5G edge ecosystem using the Azure private MEC solution and exploit the edge computing advantages for 5G applications.
The new offering serves various industry verticals, bringing together enterprise assessment toolkits for edge and 5G readiness, and edge-native solutions ranging from industrial automation, quality detection, loss prevention, real-time video surveillance, autonomous vehicle management, digital farming, remote field assistance, smart factories, assisted living, immersive experiences with virtual and augmented reality, and more.
The Enterprise 5G Edge suite combines TCS applications with the Azure private MEC solution to help enterprises gain newfound intelligence at the edge, resulting in new network-aware and responsive application capabilities. The offering brings together TCS’ IP-enabled automation-driven designs, AI-based modeling and simulations, zero touch provisioning and operation of enterprise 5G edge ecosystem and the new edge platform, securely integrated with enterprise infrastructure.
TCS is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.