TCS surges on launching TCS Clever Energy, Intelligent Power Plant, TCS Envirozone on Azure IoT platform
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Tata Consultancy Services is currently trading at Rs. 3774.15, up by 78.55 points or 2.13% from its previous closing of Rs. 3695.60 on the BSE.
The scrip opened at Rs. 3734.00 and has touched a high and low of Rs. 3794.15 and Rs. 3710.00 respectively. So far 186251 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. 3832.40 and Rs. 3690.60 respectively. The current market cap of the company is Rs. 1395559.61 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 TCS Clever Energy, Intelligent Power Plant (IP2) and TCS Envirozone on Microsoft’s Azure IoT platform to help organizations gain insights into energy usage and reduce waste and emissions to accelerate towards their net-zero goals. The award-winning TCS Clever Energy platform leverages IoT, AI, machine learning and cloud to help organizations understand intricate energy performance factors, enabling them to become more sustainable and empowering leaders to make informed decisions without compromising business needs.
The Clever Energy platform helps reduce energy and utilities consumption and decrease carbon emissions while saving energy costs in commercial and office buildings, retail stores, warehouses, and factories. Developed on Microsoft Azure IoT PaaS services, TCS Clever Energy addresses key functions like heating and cooling, process energy optimization, demand response, intelligent tariff management, emission management and sustainability compliances with integration to sensors, meters, and assets across the organization.
The other two sustainability solutions available on Azure are TCS IP2 and TCS Envirozone. IP2 combines AI, IoT, and digital twin technologies to support critical power plants to enhance reliability, cut emissions and reduce operating costs by 2-3%. TCS Envirozone tracks SDG activities helping organizations adopt carbon-neutral strategies by mitigating risks around supplier-sourcing, operations, and upstream sustainability for a sustainable supply chain.
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.
