Tata Consultancy Services (TCS), a leading global IT services, consulting, and business solutions organization, has partnered with Maurices, a women’s fashion-apparel retail chain in the US and Canada, to help create a new flexible and scalable IT landscape for the latter.
Maurices selected TCS as its digital transformation partner to help build its greenfield IT ecosystem that will optimize more than 200 existing applications and software components in the next 17 months.
TCS will help Maurices strategise, create and operationalise the new scalable, secure and future-proof architecture for the underlying IT infrastructure, security layer, and a new application stack, as well as remediate its technical debt.
This announcement came Thursday after the market was closed for the day.
At 11.58 am today, the share of TCS was trading at Rs 2412.75 on BSE, up by 3.48 per cent. According to BSE data, the stock traded at a P/E multiple of 28.55 and a price-to-book ratio of 11.76.