Happiest Minds Technologies jumps on entering into strategic partnership with CloudFabrix’s RDAF

Happiest Minds Technologies is currently trading at Rs. 834.10, up by 7.00 points or 0.85% from its previous closing of Rs. 827.10 on the BSE.

Happiest Minds Technologies
Happiest Minds Technologies

The scrip opened at Rs. 832.00 and has touched a high and low of Rs. 845.00 and Rs. 827.20 respectively. So far 27245 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 1580.80 on 16-Jul-2021 and a 52 week low of Rs. 785.55 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 848.35 and Rs. 817.30 respectively. The current market cap of the company is Rs. 12348.29 crore.

The promoters holding in the company stood at 53.26%, while Institutions and Non-Institutions held 7.77% and 38.98% respectively.

Happiest Minds Technologies has entered into strategic partnership with CloudFabrix’s Robotic Data Automation Fabric (RDAF), the world’s first data fabric designed to unify Data Observability, AIOps, and Automation.

RDAF consolidates your disparate data sources, converges on the root cause by applying dynamic AI/ML pipelines, and concludes by remediating with intelligent automation. Happiest Minds’ ELLIPSE, a next-gen managed services delivery platform is supported by CloudFabrix’s Robotic Data Automation Fabric.

Currently, the Happiest Minds next-gen managed delivery platform ELLIPSE already offers capabilities such as Data Integration, Data Automation/Transformation, Data Contextualization using Application Dependency Mapping and Data Intelligence, Log Intelligence, AIOps, Alert Noise Reduction, and Predictive Analytics.

Happiest Minds has integrated RDAF, a transformational Low Code data intelligence, and automation platform into ELLIPSE which will assist in the exploration, evaluation, and implementation of RDAF for faster innovation to manage the challenges of data intelligence, meet SLAs and SLOs, reduce operational costs, and deliver rich end-user experiences.

Happiest Minds Technologies provides IT services. The Company offers big data analytics, cloud computing, networking, engineering, digital solutions, infrastructure, and other related activities. Happiest Minds Technologies serves customers worldwide.

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