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Tata Technologies inches up on deploying SAP S/4 HANA for Mitsubishi Electric India
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Tata Technologies is currently trading at Rs. 1062.00, up by 5.20 points or 0.49% from its previous closing of Rs. 1056.80 on the BSE.
The scrip opened at Rs. 1065.60 and has touched a high and low of Rs. 1067.00 and Rs. 1058.05 respectively. So far 6215 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1400.00 on 30-Nov-2023 and a 52 week low of Rs. 982.25 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 1071.45 and Rs. 1000.55 respectively. The current market cap of the company is Rs. 42978.55 crore.
The promoters holding in the company stood at 55.39%, while Institutions and Non-Institutions held 2.60% and 42.01% respectively.
Tata Technologies has successfully deployed SAP S/4 HANA for Mitsubishi Electric India, marking a significant milestone in Mitsubishi Electric India’s journey towards digital excellence. This strategic collaboration has been instrumental in enhancing operational efficiency and setting new benchmarks in the industry.
In a concerted effort to streamline and unify its business processes, Mitsubishi Electric India approached Tata Technologies. Known for its deep manufacturing domain expertise, Tata Technologies reimagined and integrated business operations by deploying SAP S/4 HANA, leading to a remarkable 15% enhancement in operational efficiency. Considering the wide-range expansion of multiple business units, Mitsubishi Electric India aimed to migrate from the existing SAP ECC system to the advanced S/4 Hana cloud services, seamlessly integrating all business functions. The project also included incorporating digital signatures and configuring document management system servers. This intricate task had to be completed within a stringent timeframe, including the mapping of entire business processes across their business units.
Tata Technologies is a leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers (OEMs).
