TCS and Dassault Systemes join forces for cardiovascular bio-physical simulation; stock up

TCS also recently announced that it has entered into an agreement with Jaguar Land Rover (JLR) to develop “future-ready” digital services for the luxury carmaker’s clients.

Shares of Tata Consultancy Services gained nearly a percent to Rs 3,500 in early trade on September 12 after the company announced its partnership with Dassault Systemes for digital transformation in cardiovascular science through bio-physical simulation.

The IT major will also collaborate with Dassault Systemes and others towards the goal of a Virtual Human Twin, with a focus on select organs identified as critical for the advancement of the field, TCS said in an exchange filing on September 11.

Follow our market blog for all the live action

With this collaboration, the company aims to develop and validate realistic digital simulations of the human heart that will work as digital evidence for new cardiovascular device approvals.

“This includes an in-silico clinical trial that could complement the evidence drawn from clinical subjects while reducing the need for animal testing and human enrollment for clinical trials”, TCS said in the filing.

Dassault Systemes provides software solutions that allow customers to create innovative new products and services using virtual experiences.

Also read: TCS extends contract with life insurance firm Athora Netherlands

In other news, TCS also recently announced that it has entered into an agreement with Jaguar Land Rover (JLR) to develop “future-ready” digital services for the luxury carmaker’s clients. JLR is a wholly-owned subsidiary of Tata Motors, in which Tata Sons is the largest shareholder.

The deal is valued at £800 million ($1 billion) over the next five years.

As per the pact, TCS will help JLR to transform, simplify and manage its digital services, and “build a new future-ready, strategic technology architecture that will support the latter’s ‘Reimagine’ strategy.”

Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Leave a Reply

Your email address will not be published. Required fields are marked *