TCS partners with SAP
Tata Consultancy Services, leading global IT services, consulting and business solutions organization, announced a partnership with SAP to build an Intelligent Rail Digital Maintenance (iRDM) solution, powered by SAP Leonardo, to help rail customers digitally transform their businesses.
TCS' iRDM Solution leverages cutting-edge technologies including Internet of Things, machine learning, advanced analytics, big data, drones and mobility components of SAP Leonardo to carry out drone-based safety inspections, remote monitoring of the condition of all asset classes, including rolling stock, tracks, structures and wayside equipment, and perform predictive maintenance to prevent critical component failures. The solution's digital asset maintenance functionality integrates with customers' enterprise asset management processes.
The new solution is expected to improve safety, reduce unplanned outages, enhance efficiency and reduce capital equipment investments by extending the useful life of assets.
On Monday, at 2.40 p.m., the stock traded at a price of Rs. 1,886.10 per share on BSE. While the benchmark index BSE Sensex was trading at 35,683, higher by 226 points.