Tata Consultancy Services Limited has informed the Exchange regarding 'Press Release-TCS Launches GenAI and Agentic AI-Powered TCS MasterCraft TM to Help Enterprises Swiftly Modernize Legacy Systems'.
TCS · price
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TCS has launched an upgraded version of its TCS MasterCraft™ tool, now powered by Generative AI and Agentic AI, to help enterprises modernize their old (legacy) computer systems. The new version can cut modernization costs by over 70% and deliver results twice as fast as traditional methods. A major North American bank has already used it to transform its mainframe applications, achieving 2X productivity savings, 3X faster delivery, and 90% effort savings in building a knowledge repository. TCS is also using this tool to migrate over 50 million lines of old COBOL code to modern Java language for a large US financial services company. The company mentioned it had around 580 AI-focused business deals in the last quarter (Q4FY25) and has built over 150 Agentic AI solutions for sectors like banking, accounting, and supply chain.
This is a routine product update showcasing TCS's AI capabilities and its ability to win modernization deals, which could support future revenue growth in the AI services segment. For shareholders, it is a positive technology announcement but does not represent an immediate change to financial performance or stock outlook.