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Tag: TCS

Boeing 737 Max Jets Crisis hits Infosys and TCS, $1 billion at stake

Boeing 737 Max Jets Crisis hits Infosys and TCS, $1 billion at stake

Boeing has stopped the production of 737 max Jets with effect from January 2019. This has created a big business concern for most of the major Indian IT firms. According to the reports, TCS, Infosys, HCL and L&T Technology have clients which are directly or indirectly connected with Boeing. These includes clients from various core domain like engine manufacturers, body suppliers, avionics etc. As a result of this, the major IT firms have direct exposure to Boeing and the halt…

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New product launches and updates from IBM, TCS and Infosys

New product launches and updates from IBM, TCS and Infosys

IBM launched its product ‘Cloud park for Security’ TCS is setting up its ‘Microsoft Business Unit’ Infosys awarded IT Ratna for Karnataka IBM launches Cloud Park to act as a quick response for cyber security threats IBM on Wednesday launched a new service ‘Cloud Park for security’ which will act as a deterrent to any king of cyber threats. This service will have the ability to connect with any other security tool, cloud or on-premise system without actually transferring data…

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Economic slowdown hits IT sector, they are finding it difficult to win large deals

Economic slowdown hits IT sector, they are finding it difficult to win large deals

Economic uncertainity coupled by a pressure to reduce costs is impacting IT sector Clients are skeptic about giving big projects to the IT vendors amid slowdown concerns Global economic slowdown and uncertainty about the growth prospects in coming quarters has resulted in declining business for IT companies. Most of the major IT companies are of the view that because of these concerns, clients are not willing to award big deals and hence the decision on such projects and deals are…

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TCS arm, TCS iON, set up an AI lab for monitoring of exam centres

TCS arm, TCS iON, set up an AI lab for monitoring of exam centres

AI driven centre to examine 6000 exam centres Centre to have hi-tech facilities to have a check on malpractices related issues TCS iON, an arm of TCS, set up an Artificial Intelligence based command centre to monitor 6000 of its exam centres on a real time basis. TCS iON helps education boards and recruitment bodies to conduct examinations in India through its digital-zones. It has conducted 3180 exam across 643 cities so far. Set-up with a intention to help the…

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