Tata Consultancy Services (TCS),  a leading IT service, consulting and business solutions organization, today announced that it has partnered with Solace Systems, the leading provider of next generation messaging middleware solutions. This collaboration will enable customers to quickly and cost-effectively implement big data, mobility and Internet of Things (IoT) initiatives.

Business focus has turned to digital transformation as a required action to remain competitive. As a result, the flood of information big data enables can create new business challenges. Together, TCS and Solace Systems are helping to solve the combined complexity of data volume, coupled with velocity requirements of Big Data in digital transformation and Digital Reimagination™ initiatives.

Shares of the company gained Rs 21.05, or 0.87%, to settle at Rs 2,447.90. The total volume of shares traded was 75,200 at the BSE (Wednesday).