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PRESS RELEASE
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TCS AI Recognized for its Innovative Cognitive Methodology to Help Enterprises Streamline IT Operational Challenges
NEW YORK | MUMBAI, October 6, 2016: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, today announced that its ignio™ solution has been recognized as the ‘Best Enterprise Application for AI’ by The AIconics, the world’s only independently judged awards celebrating drive, excellence and innovation in the Artificial Intelligence community.
TCS received the award for ignio™, an enterprise cognitive automation leader for IT operations. ignio combines enterprise contextual intelligence and binds together disparate, but interconnected business applications and their underlying infrastructure to drive smart decisions and perform actions autonomously. Moreover, ignio helps IT to determine the likely impact on infrastructure or business before changes are made to the environment. Therefore, the timeframe for modelling and analyzing the impact of such changes goes from months to minutes, while ignio also includes recommendations to mitigate predicted negative issues stemming from change.
“We are honored to be recognized by AIconics at the AI Summit as the Best Enterprise Application of Artificial Intelligence,” said Harrick Vin, Chief Scientist at TCS. “Since launching a year ago, we are managing more than 600,000 infrastructure resources for many Fortune 500 enterprises, and are well positioned to help lead business productivity and efficiency across all industries.”
The AIconics awards were held in San Francisco on September 28, 2016, featuring more than 100 entries in six categories, and award winners being recognized as industry leaders across a broad spectrum of AI technologies. The awards were part of The AI Summit.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 371,000 of the world’s best-trained consultants in 45 countries. The company generated consolidated revenues of US $16.5 billion for year ended March 31, 2016 and is listed on the BSE Limited and National Stock Exchange of India Limited. For more information, visit us at www.tcs.com.
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