TCS Launches Business Unit with Amazon Web Services; Stock Edges Lower
Tata Consultancy Services (TCS) has launched a new TCS AWS Business Unit (BU) to further deepen its long-standing relationship with Amazon Web Services (AWS). This is a dedicated group within TCS that brings together the scale, technology expertise, and industry knowledge of the two companies to help enterprise customers accelerate their innovation and drive superior business outcomes using AWS, TCS said in a regulatory filing to the stock exchanges post market hours on Wednesday.
TCS' AWS business unit is a full-stack, multidisciplinary group that offers end-to-end services and solutions around cloud migration, application and data modernization to the enterprise customers.
The launch of this new unit is a further investment by TCS and builds on the deep expertise and execution experience of its large pool of AWS certified professionals to create more value for shared customers, TCS said.
Meanwhile, a day ago, Tata Consultancy Services announced plans to recruit 1,500 technology employees across the UK in the next year, as part of its commitment to continue investing in the UK economy.Â
At 10:45 am, the shares of TCS were trading at Rs 3,204.80, lower by 0.19 per cent, on the BSE as against a 0.3 per cent gain in the BSE Sensex.
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