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As On 17-Jan-2020 EOD, Market Closed
SENSEX
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  • ignio™ doubles revenue and customer base in four years since launch

    Digitate, a software venture of Tata Consultancy Services announced that ignio™, its award-winning AI/ machine learning-based cognitive automation software, has doubled its revenue as well as number of customers, year on year, as it completes four years since launch.

    The last four years have seen ignio steadily expand into newer areas of enterprise operations. lts early adoption was by progressive CIOs looking to automate their IT operations. ignio made their IT infrastructure stacks self-healing by using its context-aware reasoning capability to pre-empt problems, and autonomously resolve a lot of the incidents that did occur. Since then, ignio has been used to automate batch jobs management and ERP application support.

    Now, largely driven by demand from business stakeholders, ignio's cognitive capabilities are being leveraged to transform new business-centric use cases. lt is being used by retailers to find anomalies in drug prescriptions, and to reconcile vendor incentive payouts, freeing up working capital. Procurement officers are using ignio to uncover maverick spends by detecting and predicting anomalies, enabling quicker decisions.

    ln the last 12 months, ignio had 52 new wins, bringing the total number of customers to 105. These are mostly Global 2000 companies, distributed across the retail, manufacturing, telecom and banking and financial services sectors. With its speedy implementations and track record of delivering impactful outcomes within weeks, ignio is being viewed by forward thinking organizations as a strategic investment to build an agile and resilient operating core that powers a great customer experience.

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Flash News 18-Jan-2020
  •  ( 16:49) HDFC Bank Q3 net profit rises 33% YoY to Rs 7416 cr  
  •  ( 15:36) Blue Dart's consol. PAT falls 14.1% Y-o-Y to Rs 27.51 cr. in Q3 Dec. '19  
  •  ( 13:30) ICICI Lombard Q3 profit rises 23% to Rs 294 crore  
  •  ( 13:12) LTTS' registers a 0.82% fall in consol. PAT Q-o-Q to Rs 204.10 cr. this Q3  
  •  ( 11:16) RIL Q3 consol. PAT up 13.55% at Rs 11,640 cr  
  •  ( 08:46) Saksoft chosen as Digital partner by Aegon Life Insurance  
  •  ( 08:39) Maruti Suzuki launches the BS6 variant of van Eeco  
  •  ( 08:25) M&M subsidiary acquires Fifth Gear Ventures  
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17 January 2020 00:00
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