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Wednesday, June 9, 2021

Company Updates 9.6.21

 TCS Positioned as a Global Leader in IoT Services by Zinnov

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been named a Leader in the Zinnov Zones for Internet of Things (IoT) Services1 , for the fifth consecutive year. The report recognized TCS’ leadership in various segments of IoT services such as digital thread services, telemedicine services, contactless retail services, cybersecurity services and public infrastructure services

“With TCS’ Bringing Life to Things™ IoT framework, we are helping our customers adapt to the new normal with the right use cases that drive superior business outcomes and help organizations become resilient and adaptive,” said Regu Ayyaswamy, Global Head, IoT and Engineering and Industrial Services, TCS. “This leadership positioning by Zinnov is a testament to our vision, vast experience in IoT transformations, capabilities and value-driven approach.”

TCS’ Bringing Life to Things IoT framework helps customers build predictive and self-aware systems that can sense and intelligently respond to changes in the physical environment. Using this framework, organizations can create new, boundaryless and pervasive business models, seamless customer experiences, optimized and responsive value chains, as well as enhance safety and security at the workplace.

TCS offers a comprehensive portfolio of IoT services spanning strategy and consulting services, implementation, technical and business integration services, and post deployment managed services. With its deep contextual knowledge and engineering expertise, TCS supports enterprise-wide transformations across industries like manufacturing, consumer packaged goods, retail, energy, utilities, transportation, logistics, healthcare, hi-tech and telecom. A unique consulting-led Value Discovery Approach is used to develop a roadmap and identify the right use cases to derive maximum business benefits. TCS’ proprietary IoT solutions include:

• TCS DigiFleet™: An IoT enabled SaaS that assimilates telematics and environmental data to provide real-time impactful business insights to customers about their fleet and freights and helps enhance visibility, operational efficiency of their logistics on the move and achieve sustainability goals.

• TCS IP2TM: It combines IoT with AI and digital twin technologies to support critical assets, enhance reliability, improve flexibility, cut emissions, and help power plant operators improve plant cycle efficiency by 1 to 2 percent. 

• TCS Clever Energy™: An enterprise-level energy and emissions management system, powered by IoT, artificial intelligence, machine learning and cloud, that helps commercial and industrial organizations drive energy and cost efficiency, decrease carbon emissions, and become more sustainable. 

“For the fifth consecutive year, TCS has been recognized as a global leader for IoT services based on its abilities to provide end to end services such as advisory, engineering, SI & deployment, and managed services. Its strong suite of use-case specific solutions and services across connected cars, connected health, public infrastructure, contactless retail, and digital thread have helped fortify its positioning. TCS’ framework driven approach to help enterprises derive value from their IoT-led transformation initiatives and adopt new business models and enhance customer experiences, are what helped it anchor its Leadership position this year too,” said Sidhant Rastogi, Managing Partner, Zinnov.

“Our investments in innovation and new age technologies, vast portfolio of industry-specific proprietary solutions and frameworks that drive supply chain resiliency, and our deep contextual knowledge of customers’ business processes make us the preferred partner to customers in their supply chain, manufacturing, and customer service transformations,” added Regu Ayyaswamy.


PERSISTENT SYSTEMS

Suresh Prabhu joins Persistent as Chief Delivery Officer for Industry Verticals

Suresh Prabhu has joined Persistent Systems (BSE and NSE: Persistent) as Chief Delivery Officer for Industry verticals. In this role, he will be responsible for the delivery organization across Software & HiTech, Banking Financial Services and Insurance, Healthcare and Life Sciences, and Emerging verticals. 

Suresh joins Persistent with over 30 years of experience in digital transformational projects: new product engineering, product modernization and enterprise solutions delivery. He joins Persistent from Epicor Software, where he was responsible for the development and delivery of on-premise and SaaS solutions across multiple industries including manufacturing, distribution and retail. In previous roles, Suresh worked in retail banking, online banking, bill payments and trade finance domains and across various high growth product and services firms. Suresh will be a member of Persistent’s executive team and will be based out of Bengaluru, India.

“We are excited to welcome Suresh to the Persistent family as we move to the next phase in our growth journey. COVID-19 reinforced the need for every organization to accelerate their digital transformation journey, leveraging the best of cloud, data, security and Industry partnerships while bringing the latest products and services to their customers. Persistent’s capabilities and our substantial investment in Digital Engineering demonstrate our commitment to delivering greater value to our clients. The relevance of what we have to offer is clearly exhibited in our Industry leading growth over the past several quarters. Suresh’s expertise across Digital engineering and multiple Industry verticals will help further bolster our ability to deliver cutting-edge services and solutions to our clients across the globe.” 

 

Ramco Systems launches Self Explaining Payslip

Leading global payroll software provider, Ramco Systems announced the launch of Self Explaining Payslip, a smart, AI-based service that lets employees seek explanations of their compensation and payslip component.

Ramco’s Self Explaining Payslip helps employees receive prompt and personalized responses to their payroll queries, without having to write to a payroll helpdesk and wait for a response

It answers queries employees most frequently have on their payslip and salary computation. These include queries related to payments that vary from period-to-period, information that is not directly available in a payslip and tax related queries

Available 24/7 and secured with a two-factor authentication, Ramco’s Self Explaining Payslip also eases employee experience through proactive notifications across payslip availability, tax declarations, and salary analytics.

When required, this intelligent service also enables employees to create a support ticket automatically or initiate audio/ video call with the payroll helpdesk. Therefore, the Self Explaining Payslip can help companies reduce the dependency on their payroll helpdesk/ BPO support by more than 50%, thereby driving better employee experience and higher productivity of payroll teams. 

Ramco Global Payroll seamlessly integrates with major HCM platforms (such as Oracle and Workday) . Therefore, the Self Explaining Payslip can be extended to Ramco’s ecosystem customers as well.

Some examples of the kind of payroll enquiries that the Self-Explaining Payslip can help address:

 Overtime/Loss of Pay break-up

 Arrears/Back-dated payments

 Year-to-date and historical enquiries

 Month-to-month comparisons

 Tax computation worksheets 

 

Infosys Honored with Stevie® Awards at the 2021 American Business Awards


: Infosys (NYSE: INFY), the global leader in nextgeneration digital services and consulting, today announced that it has won four Stevie® Awards at the 19th Annual American Business Awards®. Over 3,800 nominations, a record number, from across industry were submitted this year for consideration for American Business Awards® and over 250 professionals worldwide participated in the judging process to select this year’s winners

Infosys was honored as a gold Stevie winner for career and workforce readiness solution under the education category backed by Infosys' next-generation learning experience platform, Lex, and marketing department of the year in the marketing category for driving a perception shift and accelerating growth. Infosys Lex was also selected for the 2021 People’s Choice Stevie Awards for favourite new career and workforce readiness solution. Infosys received a silver Stevie award for its g rowth story and achievements in the sales or revenue generation category and a bronze award in the COVID-19 response category for promoting employee and community well-being while ensuring business continuity amid the pandemic

In addition to these, Infosys also earned a silver Stevie® Award at the 2021 Asia Pacific Stevie Awards in the Innovative Achievement in Growth category for delivering growth and enhancing shareholders' value

Ravi Kumar, President, Infosys, said, “We are deeply honored to receive this prestigious recognition, across several categories of the American Business Awards® and 2021 Asia-Pacific Stevie® Awards, celebrating the efforts and dedication of the entire Infosys team. The awards reflect our continued resilience, even through a difficult year, marked by increasing client relevance, stronger digital capabilities and empowered employees. It underpins our ability to drive growth, revenue and impeccable execution without disruption.”

“The Stevie-winning nominations in The American Business Awards and 2021 Asia-Pacific Stevie® Awards are a testament to the ingenuity, commitment, passion, adaptability, and creativity of enterprises and people alike. Infosys demonstrated excellence in areas of career and workforce readiness, corporate response, marketing, and sales and revenue generation despite the challenges presented by COVID -19. While the global pandemic has highlighted the centrality of a perception shift, Infosys has meticulously executed its strategies to deliver exponential results across categories and exceed expectations. I wholeheartedly congratulate Infosys on winning the Stevie Awards for their achievements and wish them the best in their endeavors to address the post-pandemic requirements.” said Stevie Awards President, Maggie Gallagher