Business News
3 min read | Updated on October 24, 2024, 11:21 IST
SUMMARY
The new unit will design and deliver curated AI adoption strategies by leveraging global centres of excellence (CoEs), investments in the NVIDIA AI platform, including accelerated computing and AI software, the NVIDIA AI Enterprise and NVIDIA Omniverse platforms, and skilled resources.
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Shares of the company were trading at ₹4,048.35, down 0.45% on the BSE.
Tata Consultancy Services (TCS) on Thursday, October 24, expanded its collaboration with NVIDIA to launch industry-specific solutions and offerings that will help customers adopt artificial intelligence (AI) faster and at scale.
These solutions and offerings will be delivered through TCS’ new business unit focused on NVIDIA, under its AI.Cloud business unit. TCS’ new business unit builds on a collaboration with NVIDIA for over five years, brings together the complementary capabilities of both organisations, and offers tailored offerings for various industries, the company said in its press release.
"Enterprises worldwide are racing to adopt AI, but there is no consensus on an AI adoption strategy, according to the recent TCS AI for Business Study. The AI adoption journey for every enterprise is unique and involves an interplay of AI and existing enterprise capabilities. AI adoption at scale requires an intimate understanding of the enterprise and its practices and building AI models that are customised for the context," the press release added.
The new unit will design and deliver curated AI adoption strategies by leveraging global centres of excellence (CoEs), investments in the NVIDIA AI platform, including accelerated computing and AI software, the NVIDIA AI Enterprise and NVIDIA Omniverse platforms, and skilled resources.
The new unit also offers TCS’ proprietary framework, which brings together its deep domain expertise, enterprise contextual knowledge, and NVIDIA AI technology for building and deploying agentic AI solutions—including NVIDIA NIM microservices and NVIDIA NIM Agent Blueprints, which are part of the NVIDIA AI Enterprise software platform and NVIDIA AI Foundry—to deliver value at scale to customers. TCS and NVIDIA have collaborated to build innovative, value chain-centric solutions and offerings for industry verticals on the NVIDIA AI platform.
Commenting on the development, Jay Puri, Executive Vice President of Worldwide Field Operations at NVIDIA, said, “The fusion of TCS’ deep industry expertise with NVIDIA AI technology is set to introduce a new era of intelligent enterprise transformation. TCS’ new NVIDIA business unit is poised to accelerate AI and simulation with NVIDIA AI Enterprise for building agentic AI solutions and NVIDIA Omniverse for building physical AI solutions, paving the way for AI-driven innovation across India and the world.”
Shares of the company were trading at ₹4,048.35, down 0.45% on the BSE.
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