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Prachi Mehta

27th Aug · SEBI-Registered Analyst

Update for investors of
TCS

TCS
is currently trading at Rs. 3147.55, up by 6.80 points or 0.22% from its previous closing of Rs. 3140.75 on the BSE. Last one week high and low of the scrip stood at Rs. 3152.00 and Rs. 3012.00 respectively. The current market cap of the company is Rs. 1139353.85 crore. The promoters holding in the company stood at 71.77%, while Institutions and Non-Institutions held 23.48% and 4.75% respectively. Tata Consultancy Services (TCS) has successfully enabled ICICI Lombard to achieve fully automated AWS multi-region Disaster Recovery (DR) switchover. This establishes ICICI Lombard as one of the first insurance companies in India to achieve fully automated multi-region resilience on the Amazon Web Services (AWS) Cloud. The innovative DR solution-designed to ensure business continuity in the face of unexpected disruptions- leverages automation-first, infrastructure-as-code approach. It leverages AWS-native technologies to enable intelligent, automated failover for key systems with minimal downtime or manual effort. With TCS as its growth partner, ICICI Lombard has been operating on AWS Cloud since 2021. To strengthen business continuity and achieve geographical redundancy, TCS helped the insurer establish a robust, scalable and fully automated DR setup. TCS brought on board its deep domain expertise in the insurance industry and used its contextual knowledge of ICICI Lombard’s systems to deliver a best-in-class DR solution. The automation solution was built using highly performant data driven serverless architecture designed for large scale orchestration. This implementation not only improves operational resilience and reduces recovery time but also sets a new industry benchmark for automated disaster recovery in the BFSI sector.

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