Tata Consultancy Services (TCS) has announced that it has strategically collaborated with Equinor, a Norwegian state-owned multi-national energy company. As per Company, under this collaboration, TCS will help Equinor to speed up its digitalisation process and enable it realise the vision of becoming a digital energy conglomorate.

Leveraging on deep domain expertise of the energy sector, Tata Consultancy Services with its investments in research & innovation, expertise & scale in digital technologies, would help achieve data democratisation across Equinor’s core operations. Harnessing its power of machine learning and advanced analytics, TCS will enable Equinor to achieve its development and transformation objectives. Using the DATOM framework, TCS will assess data maturity levels, identify gaps, and develop a roadmap to simplify operating models as well as set up data governance models. In additon, it will build technology patterns and architectures to help Equinor leverage data and analytics to attain superior business outcomes.

Looking to the stocks of TCS on Wednesday’s trading session, however, regardless of the above development,  stock of TCS has not  positively impacted. During mid-morning session, the stock quoted at Rs.2625 per share, down by Rs.5 from the previous closing on the NSE. In compariosni, the Nifty touched at 11832 level and Sensex at 40282-level.

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