TCS inches up on entering into partnership with MATRIXX Software
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Tata Consultancy Services is currently trading at Rs. 3821.40, up by 7.85 points or 0.21% from its previous closing of Rs. 3813.55 on the BSE.
The scrip opened at Rs. 3830.00 and has touched a high and low of Rs. 3835.15 and Rs. 3816.00 respectively. So far 13320 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. 2701.00 on 24-Feb-2021.
Last one week high and low of the scrip stood at Rs. 3856.00 and Rs. 3690.60 respectively. The current market cap of the company is Rs. 1410651.74 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 entered into partnership with MATRIXX Software to integrate TCS HOBS, its plug and play digital business platform for subscription, device and data management, with the cloud native, converged charging capabilities of the MATRIXX Digital Commerce Platform. The integrated solution will help Communication Service Providers (CSPs) transform their prepaid and postpaid businesses, enable superior customer experience, and drive growth.
TCS HOBS is being used by progressive CSPs across the world to boost their business agility and product innovation. The cloud native, catalog-driven subscription management platform enables ideation and creation of new product and service bundles, including partner offerings. It significantly speeds up new product launches by enabling a seamless, ‘zero touch’ rollout of the associated business rules across the CSP’s fulfilment, assurance, billing, and supply chain functions at the back end.
Together, TCS HOBS and MATRIXX Digital Commerce will enable real-time charging, rating, notifications on usage and spends, and context-driven interactions to enhance the end-customer experience quickly and easily. The solution enables easy integration with a larger partner ecosystem, allowing CSPs to seamlessly offer newer services around third-party products.
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.
