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Tata Consultancy Services (TCS), a leading IT services firm, has deepened its collaboration with Google Cloud by introducing two innovative cybersecurity solutions. Announced on September 3, this partnership aims to bolster cyber resilience across various industries, leveraging the combined strengths of TCS and Google Cloud to address modern cybersecurity challenges.
Expansion of Cybersecurity Solutions of Google Cloud
In the latest development, TCS unveiled two new offerings: the TCS Managed Detection and Response (MDR) and the TCS Secure Cloud Foundation. These solutions are designed to enhance the security infrastructure of enterprises, providing them with advanced tools to safeguard their digital environments. According to a press release by TCS, these solutions will empower businesses with domain-specific innovation and cutting-edge technologies from both TCS and Google Cloud.
Ganesa Subramanian, Vice President and Global Head of the Cybersecurity Business Group at TCS highlighted the importance of this collaboration. He noted that the partnership combines the expertise and resources of TCS and Google Cloud to comprehensively protect the digital assets of enterprises, helping them become future-ready and resilient against cyber threats. Subramanian also emphasized the growing significance of cybersecurity in the era of Generative AI, which necessitates modernization in security practices.
Implementation and Industry Impact
The TCS Managed Detection and Response solution, built on the Google Security Operations platform, is set to enhance the efficiency of security teams by reducing the time needed to detect and respond to threats. This solution is poised to provide businesses with a robust defense mechanism against the ever-evolving landscape of cyber threats.
Similarly, the TCS Secure Cloud Foundation leverages Google Cloud’s security capabilities to improve cloud security posture and governance across single, multi, and hybrid cloud environments. This solution has already demonstrated its effectiveness, assisting a global bank headquartered in Germany in automating and enforcing over 800 security policies, ensuring compliance with regulatory standards.
Nidhi Srivastava, Vice President and Executive Champion for Google Cloud at TCS, expressed confidence in the partnership, stating that TCS’s extensive industry knowledge, combined with the ability to scale on Google Cloud, enables the rapid creation of value for customers.
Conclusion and Financial Update
TCS continues to offer a comprehensive range of cybersecurity services, from consulting and implementation to managing security across various domains, including identity and access management, governance, risk and compliance, and cloud security. Despite the ongoing market developments, TCS’s stock was trading slightly lower at Rs 4,515.80, reflecting a 0.12 percent decline from the previous close.
Financially, TCS reported a strong performance for the June quarter, with a 9 percent year-on-year increase in consolidated net profit, reaching Rs 12,040 crore, and a 5.4 percent rise in revenue, totaling Rs 62,613 crore.
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