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

INSUBCONTINENT EXCLUSIVE:
TCS will modernize Avianca's IT infrastructure.Shares of the country's largest information technology company - Tata Consultancy
Services (TCS) - rose as much as 0.9 per cent to hit an intraday high of Rs 3,797.40 after the company post market hours on Wednesday said
that Avianca, one of the leading airlines in South America, selected TCS as a strategic partner 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 said in a
press release.The company will leverage its proprietary automation tools and accelerators to drive this transformation, reducing the
time-to-market and delivering superior business outcomes
These include TCS Cloud Counsel, a digitized cloud candidature assessment toolset, and TCS Cloud Mason which helps organizations rapidly
define, design and deploy cloud foundational platforms, TCS said."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," said Michael Ruplitsch, Chief Information Officer, Avianca.As of 11:15 am, TCS
shares traded 0.12 per cent higher at Rs 3,778, outperforming the Sensex which was trading marginally lower.