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    TCS   INE467B01029

TATA CONSULTANCY SERVICES LTD.

(TCS)
  Report
Delayed NSE India Stock Exchange  -  06:22:50 2023-01-25 am EST
3429.75 INR   -0.19%
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Tata Consultancy Services - TCS Launches SAP on Microsoft Azure Solution to Help Organizations Securely Transform Business Operations

11/02/2022 | 06:35am EST

Tata Consultancy Services Helps Enterprises Migrate Mission-Critical SAP Ecosystems to Microsoft Azure Powered by Fortinet Security to Take Advantage of its Native Integrations, Compliance, Automation, and Better Data Insights.

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced the launch of TCS Managed Services for Security with SAP, building on its suite of solutions that help enterprises establish and run their SAP environments securely on Microsoft Azure.

TCS Managed Services for Security with SAP on Azure leverages TCS' extensive security experience on Azure, including identity and access management, network security, cloud infrastructure security, and cloud SecOps. It uses the Fortinet Security Fabric and FortiGuard security services, which are integrated with SAP systems to secure sensitive customer data and traffic, protect applications and enforce zero-trust policies.

TCS Managed Services for Security with SAP on Azure is aligned with best practices for migrating SAP systems to Azure and provides threat protection, detection, and automatic remediation capabilities at cloud scale. It provides holistic care for security and compliance during movement of workloads to cloud in a safe, secure, and compliant manner at all stages in a managed services model.

The new TCS Managed Services for Security with SAP offering adds to TCS' extensive suite of award-winning SAP on Azure solutions. This includes Microsoft Security and Identity Management, its SAP on Azure Quick Sizer, and SAP on Azure Transformation with S/4 Workshop Briefing - all designed to give organizations a comprehensive way to start their journey to securely migrate, modernize, and manage their enterprise. Another key solution is TCS Crystallus, a set of pre-configured industry and business solutions that is helping enterprises accelerate their digital transformation initiatives.

'TCS is helping customers transform their businesses leveraging the combinatorial power of SAP S/4HANA and Microsoft Cloud to improve productivity and enhance innovation. A critical component of the SAP on Azure journey is cyber security. TCS Managed Services for Security with SAP on Azure helps clients cope with ever increasing cyber threats by protecting critical customer, financial, and product data,' said Siva Ganesan, Head, Microsoft Business Unit, TCS.

'TCS' cloud-native approach and its industry-preconfigured solutions, like TCS Crystallus, enable our joint customers to take full advantage of our market leading Microsoft Cloud to accelerate their SAP S/4HANA transformation with enhanced productivity, efficiency and innovation with advanced solutions like Teams integrations, security, data & analytics, IoT, and AI/ML,' said Joao Couto, Vice President, SAP Business Unit, Microsoft.

'We're pleased to partner with TCS to help customers securely accelerate their digital transformation initiatives. With cloud-native integrations across the Fortinet Security Fabric, organizations can feel confident in securely and seamlessly migrating their mission-critical ecosystems,' said Vincent Hwang, Senior Director of Cloud Security, Fortinet.

With more than 1,000 successful Azure engagements completed for hundreds of global customers, TCS' Microsoft Business Unit is one of the most recognized partners in the Microsoft ecosystem. In addition to winning the 2022 Microsoft Partner of the Year for Global SI & Advisory Digital Transformation, Retail & Consumer Goods, SAP on Azure, US Advisory Services, and US Financial Services, it was also recognized in nine other global categories. TCS is an Azure Expert Managed Service Provider, has earned a record-setting 17 Microsoft Advanced Specializations, achieved all 18 Microsoft Gold Competencies, and is a member of the 2021/2022 Inner Circle for Microsoft Business Applications.

To learn more about TCS' Microsoft Business Unit, visit tcs.com/microsoft-business-unit.

About Tata Consultancy Services (TCS)

Tata Consultancy Services 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. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 616,000 of the world's best-trained consultants in 55 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com.

TCS media contacts:

Asia Pacific

Email: wenjian.lin@tcs.com

Phone: +65 9695 9948

Australia and New Zealand

Email: Kelly.ryan@tcs.com

Phone: +61 422 989 682

Canada

Email: tiffany.fisher@tcs.com

Phone: +1 416 456 7650

Europe

Email: joost.galema@tcs.com

Phone: +31 615 903387

India

Email: vanshika.sood@tcs.com

Phone: +91 22 67789098

Email: saxena.kritika@tcs.com

Phone: +91 22 6778 9999

Middle East & Africa

Email: s.hasneen@tcs.com

Phone: +971567471988

Japan

Email: douglas.foote@tcs.com

Phone: +81 80 2115 0989

Latin America

Email: martin.karich@tcs.com

Phone: +569 6170 9013

UK

Email: peter.devery@tcs.com

Phone: +44 20 3155 2421

USA

Email: william.thomas@tcs.com

Phone: +1 203-984-3978

(C) 2022 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on TATA CONSULTANCY SERVICES LTD.
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Financials
Sales 2023 2 252 B 27 631 M 27 631 M
Net income 2023 423 B 5 194 M 5 194 M
Net cash 2023 248 B 3 045 M 3 045 M
P/E ratio 2023 29,7x
Yield 2023 3,08%
Capitalization 12 550 B 154 B 154 B
EV / Sales 2023 5,46x
EV / Sales 2024 4,92x
Nbr of Employees 613 974
Free-Float 27,7%
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Technical analysis trends TATA CONSULTANCY SERVICES LTD.
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 42
Last Close Price 3 429,75 INR
Average target price 3 479,18 INR
Spread / Average Target 1,44%
EPS Revisions
Managers and Directors
Rajesh Gopinathan CEO, MD & Non-Independent Executive Director
Samir Seksaria Chief Financial Officer
Natarajan Chandrasekaran Non-Executive Chairman
K. Ananth Krishnan Chief Technology Officer
N. Ganapathy Subramaniam COO & Non-Independent Executive Director
Sector and Competitors