AGL joins hands with TCS to drive its cloud transformation journey
Tata Consultancy Services (TCS) announced that it will engage in a strategic partnership with AGL to deliver the latter’s organisation-wide cloud transformation programme. This partnership is aligned with the company’s aim of becoming a digital utility of the future.
Reacting to this, the stock of Tata Consultancy Services jumped 2.13 per cent and made an intraday high of Rs 2,709.75.
Tata Consultancy Services is helping AGL in modernising applications and moving them to the cloud. This will create a new digital core that would support AGL's growth and transformation.
To take more benefits from the cloud, TCS will work with AGL to deploy a new DevOps-based operating model with high levels of automation and self-service capabilities.
The cloud transformation programme, which is set to run until the end of 2021, is expected to significantly accelerate innovation at AGL thereby, harnessing the cloud-native capabilities in artificial intelligence (AI), machine learning (ML), and internet of things (IoT).
With these capabilities, in the future, AGL will be very well-placed to deliver superior customer experiences and drive growth.
At 12.21 pm today, the share of Tata Consultancy Services was trading at Rs 2,689.15, up by 1.35 per cent on BSE.