HomeBusinessTCS Gains Nearly 1% After Partnering With South American Airline Avianca

TCS Gains Nearly 1% After Partnering With South American Airline Avianca

TCS Gains After Partnering With South American Airline Avianca

TCS will modernize Avianca’s IT infrastructure.

Shares of the nation’s largest data expertise firm – Tata Consultancy Services (TCS) – rose as a lot as 0.9 per cent to hit an intraday excessive of Rs 3,797.40 after the corporate put up market hours on Wednesday stated that Avianca, one of many main airways in South America, chosen TCS as a strategic companion in its cloud transformation journey.

“TCS will modernize Avianca’s IT infrastructure and build a new future-ready cloud-based digital core on Microsoft Azure. Leveraging its deep domain knowledge of the airline industry and its extensive experience in successfully executing large transformation programs, TCS will help the airline migrate 129 core applications to the cloud and will also manage the new cloud estate,” TCS stated in a press launch.

The firm will leverage its proprietary automation instruments and accelerators to drive this transformation, decreasing the time-to-market and delivering superior enterprise outcomes. These embody TCS Cloud Counsel, a digitized cloud candidature evaluation toolset, and TCS Cloud Mason which helps organizations quickly outline, design and deploy cloud foundational platforms, TCS stated.

“The new digital core will provide an integrated environment that will enhance Avianca’s business agility, operational resilience, adaptability and future-readiness. Additionally, the cloud-based infrastructure will have a significantly reduced carbon footprint that will help Avianca get closer to its sustainability goals,” TCS added.

“Technology is undoubtedly a very important component of our new vision, that is why we want to provide the best technology available for our talent and customers,” stated Michael Ruplitsch, Chief Information Officer, Avianca.

As of 11:15 am, TCS shares traded 0.12 per cent larger at Rs 3,778, outperforming the Sensex which was buying and selling marginally decrease.

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