LIRC@SFIT

TCS is increasingly integrating the use of AI into various functions and that it is an important skill to have across all levels of the hierarchy Tata Consultancy Services Ltd (TCS) plans to hire 40,000 freshers from campuses this year, the IT giant's Chief Human Resources Officer (CHRO) Milind Lakkad said.He added that despite the quarterly headcount fluctuations, TCS manages through a combination of “employees on the bench, ongoing productivity enhancements, and other operational adjustments.”(Representational Image/Mint) This however, comes at a time when its headcount had decreased by over 5,000 employees in the third quarter of the financial year 2024-25. “In any given quarter, changes in headcount don't always reflect growth or demand because our hiring plans are structured on an annual basis,” TCS Lakkad said in an interview with Business Standard. He added that despite the quarterly headcount fluctuations, TCS manages through a combination of “employees on the bench, o...

COVID-19 cases have only been on the rise, and with the non-availability of effective drugs and vaccines, one of the effective ways to control it is to detect it early in patients. However, the task is easier said than done. While a large number of test kits are being produced, they are not enough to conduct it in large numbers. Government-run bodies such as C-CAMP or Centre for Cellular and Molecular Platform have been a key enabler in driving COVID-19 testing as it has been aggressively building, managing and scaling the ecosystem of MSMEs to produce COVID-19 test kits indigenously. However, they might not be enough.  To scale up this production of test kits to a million test kits a day, TCS has come up with a solution to support C-CAMP in achieving that. In a recent announcement, TCS said that it had deployed a  blockchain-based  digital supply chain platform to drive the ambitious new project launched by C-CAMP. Read the full article at: https://analyticsindiamag.com/...

 TCS through its supply chain solution is helping the Indian Government’s C-CAMP build, manage and scale an ecosystem of MSMEs to indigenously produce a million Covid-19 test kits a day TCS recently announced that it has deployed a blockchain-based digital supply chain platform that powers an ambitious new project launched by the Government of India’s Centre for Cellular and Molecular Platforms (C-CAMP) to scale up indigenous Covid-19 diagnostic test-kit production capacity to a million test kits a day. C-CAMP’s newly launched project, funded by the Rockefeller Foundation, is called Indigenisation of Diagnostics (InDx), and aims to build a robust, scalable supply-chain ecosystem of Indian MSMEs capable of producing large quantities of reagents and other components needed for RT-qPCR-based and other diagnostic test kits for Covid-19. The project entails eliminating supply-chain bottlenecks, and handholding MSMEs to help them bridge capability gaps, meet necessary quality standards a...

Overall our price targets for 5 top-tier companies rise by 2-10%, as a result of the changes. Infosys best placed near-term, on both growth & margin. Our recent meetings with Infosys & Wipro and channel checks suggest a mixed picture with rising risks in BFSI but continued overall deal momentum for select companies. Benefit of recent INR-USD depreciation will be offset to some extent by cross ccy headwinds. We expect continued divergent growth across companies with Infosys best placed in the near term. Amidst our positive stance towards IT services as a relative defensive, TCS & TechM are our other Buys. Infosys best placed near-term, on both growth & margin We maintain near-term visibility is best for Infosys amongst top-tier companies given its strong deal win momentum. We expect revenue growth for FY20e to surprise positively at 11.5% y-o-y constant ccy vs. its latest guidance of 8.5-10%. This implies 11% y-o-y growth for rest of FY20e. Despite visible margin pressu...

BENGALURU: TCS’ artificial intelligence platform Ignio has crossed $60 million in annual revenue and India’s largest IT services company is doubling down on the product strategy it has created for the unit, the company’s top executives said.  Five years ago, Ignio began as a platform that was closely integrated and sold with the company’s services offerings but two years ago, TCS began to take it down a product path. ET had reported that the company hired a chief marketing officer and an ..  Read more at: //economictimes.indiatimes.com/articleshow/70651798.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Tata Consultancy Services’ Robotic Data Factory Solution, Built at Its New Center of Excellence, Will Significantly Reduce the Response Time to Anomalies in Semiconductor Production Tata Consultancy Services , a leading global IT services, consulting and business solutions organization, announced that it has launched new Robotic Process Automation (RPA) solutions that leverage the power of analytics to drive greater accuracy and better quality in chip fabrication, and help semiconductor companies accelerate their digital transformation journeys. The semiconductor market is going through immense change at unprecedented speeds driven by hyper-connectivity, big data, and adoption of Internet of Things. Semiconductor companies are aggressively pursuing strategies to enable rapid innovation, product line expansion and vertical market focus, with speed and agility. TCS is partnering with leading semiconductor companies in navigating the change using its Machine First Deliver...

Pune: Only two Indian companies —Tata Consultancy Services and Infosys — figure in a list of the top ten applicants for employer green cards in the six months to March 2019, a review of US government data shows. US-based technology companies such as Amazon, Cognizant, Cisco, Facebook and Google have together filed more green card applications, or those seeking talented immigrants with permanent residency to work in their offices in the United States, according to the US Department of Labor data. The Department of Labor follows an October to September calendar year. Amazon has filed 1,500 applications, the largest among the ten companies. Cognizant Technology Services, a US-headquartered IT services firm that has a large employee base in India, is second with more than 1,300 employer green card applications, followed by Cisco. TCS, with 1,009 applications comes fourth on that list, while Infosys is in seventh position, according to the data. It is as yet unclear how many of these ap...

TCS had issued joining letters to over 30,000 fresh graduates, of which 40% have been onboarded in the first quarter.  Read more at: //economictimes.indiatimes.com/articleshow/70336196.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

CHENNAI: In a collaborative initiative with TCS, the Indian Institute of Technology – Madras last week conducted a session on “Extended Reality and Empathy: An Interdisciplinary Perspective.” According to a press release, the event was meant for forming a memory studies research cluster, with an academia-industry interface. The session was a primer on what comprises extended reality and how it shapes society, cognition and culture. Speaking during the session, guest speaker Jae Grant, XR Consultant, the Netherlands, said, “The entire challenge is to arrive at a common reference point which will enable productive dialogue between technology studies and research in humanities.”  Avishek Parui of IIT-M, who was an event coordinator, said the objective was to explore the possibilities of digital humanities and extended reality in engaging with literary studies. Currently, there are research scholars in the department of humanities and social sciences ...

Tata Consultancy Services (TCS) has been positioned as a Leader in the NelsonHall NEAT for CX Services in Energy and Utilities. “In the Business 4.0 era, utilities are on the anvil of disruptive change, with ever-evolving consumer expectations, data explosion, the proliferation of the smart ecosystem, distributed generation, and regulatory changes. Utilities today seek a connected, the collaborative, and seamless ecosystem of cognitive and digital technologies to transform the customer experience,” said Ashok Pai, Global Head, Cognitive Business Operations (CBO), TCS. “This recognition is a testament of our ability to deliver immediate benefits and meet future customer requirements across the customer experience value chain.” TCS delivers superior omnichannel customer experiences through a well-defined engagement strategy, a streamlined digital customer journey, hyper-personalized offerings, and real-time actionable insights from customer data. Key features of TCS’ customer exp...

India’s largest software company, Tata Consultancy Services Limited (TCS), is actively working on a number of decentralized projects leveraging R3’s blockchain platform and  Microsoft Azure blockchain  workbench. Per the company, the blockchain venture was initiated to accelerate the adoption of distributed ledger technology across a wide range of industries. TCS Delves Deep Into Blockchain As  reported by ANI , IT giant TCS is developing five blockchain architectures, each offering a different solution ranging from digital identity to tokenization. The platforms will also facilitate solutions such as track-and-trace, asset monetization, and assets in common. The Indian IT heavyweight divulged that the platforms will leverage R3’s blockchain platform, Codra Enterprise, and be hosted on Microsoft Azure cloud. TCS, the world’s ninth-largest IT company by market cap, intends to develop advanced cross-industry blockchain platforms that would make it easy to deploy s...

Tata Consultancy Services  has launched a new version of the Metadata Registrv and Transformation (MRT) Platform that helps life sciences companies streamline their  clinical data management  by automating clinical study design and set up and conversion of clinical data into standard formats for greater interoperability across the clinical trial phases. The  MRT  platform is part of TCS'  Advanced Drus  Development (ADD) suite of cloud-based clinical platforms, which are powered by a cognitive engine. Powered by  Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Source URL:  https://www.business-standard.com/article/news-cm/tcs-launches-new-version-of-mrt-platform-119031100477_1.html (Accessed on 12 March, 2019)

When former chief digital officer at Rolls-Royce Neil Crockett wanted to identify a service provider to accelerate its IoT (internet-of-things) capabilities three years ago, he floated a request for proposal (RFP). The company wanted to use IoT to get a lot more data from customers and use that to provide long-term service contracts. Ayyaswamy presented TCS’s IoT platform, called Connected Universe Platform (TCUP), that helps develop and deploy IoT applications. Having worked with Rolls-Royce, TCS had a deep knowledge of its engines, blades, compressors and exhaust. “We were able to characterise what we could do for them. Our strength was contextual knowledge, digital platforms, information security, core engineering, capability around services. We were able to bring the might of TCS into making their business goal a reality,” Ayyaswamy says.Reguraman Ayyaswamy, global head of IoT & engineering and industrial services at TCS, saw it as a great opportunity for the company, ...

Capital Market March 05, 2019 Last Updated at 11:39 IST By Top Employers Institute Tata Consultancy Services has been recognised as a Top Employer in the Middle East for the fourth consecutive year by the Top Employers lnstitute, which independently assesses and certifies companies across the world. TCS was also recognized as the Number One Top Employer in the United Arab Emirates, and achieved Top Employer status in SaudiArabia and Qatar. This recognition was achieved due to TCS' exceptional workplace policies, culture and continued investments in its employees across all regions. Powered by Capital Market - Live News Source: Business Standard dated March 5, 2019 URL:  https://www.business-standard.com/article/printer-friendly-version?article_id=119030500293_1 (Accessed on March 5, 2019)

India's Tata Consultancy Services (TCS) has been ranked third most-valued IT services brand globally in 2018-19, after Accenture and IBM, according to a report by Brand Finance. Four Indian IT services companies -- TCS, Infosys, HCL and Wipro -- clinched spots in the top-10 global tally. Valued at $26.3 billion, Accenture took the title of the world's most-valued IT services brand. The tag was previously held by IBM, which now occupied the second place with a brand value of $20.4 billion, according to the report. "Holding steady in third place is India's largest IT services conglomerate, TCS, up 23% to $12.8 billion, with a value bolstered by the brand's disciplined focus on the market's increased demand for digital services," it added. Brand Finance said TCS is also the first Indian IT services brand to achieve success in the Japanese market and has positioned itself as a leader in providing a superior all-round customer experience, leverag...

Deep learning capabilities are driving powerful new opportunities for AI.  Deep learning using neural networks and Graphics Processing Units (GPUs) is starting to surpass machine learning for image recognition and other applications. Deep neural networks are helping to advance self-driving cars, faster development of new drugs, and real-time multiple-language translation for online chats.  Find out more about:  Machine learning versus deep learning The power of inference GPUs delivering near real-time performance To read the full-text, visit the following URL: https://www.tcs.com/content/dam/tcs/pdf/technologies/artificial-intelligence/abstract/Deep-learning-with-neural-networks-and-GPUs-0917-1.pdf Source:  https://www.tcs.com/accelerating-the-power-of-deep-learning  (Accessed on January 22, 2019)

GOOD READS Article / Infographic Gist URL / Source Accessed On How Technology Incumbents Can Realize Their Cloud Growth Ambitions Cloud services and related software and hardware accounted for the majority of IT growth in 2013–17. https://www.bain.com/insights/how-technology-incumbents-can-realize-their-cloud-growth-ambitions/   January 19, 2019 Top 5 Industries Blockchain is Likely to Disrupt [Infographic] 5 Industries Blockchain is Slated to Disrupt in The Coming Years https://medium.com/data-tech/top-5-industries-blockchain-is-likely-to-disrupt-infographic-615fa03b9ebf January 19, 2019 Three Ways AI is Impacting Logistics and Supply Chain Transportation, logistics and supply chain processes are going through intense transformation. We have identified three ways AI can revolutionize supply chain management and ...