September 24, 2020

TCS takes lead in Americas Business Consulting Services: IDC MarketScape

Tata Consultancy Services has been positioned as a Leader in the IDC MarketScape: Worldwide Analysis of Americas Business Consulting Services. According to the report, among clients in the Americas, TCS is viewed as one of the strongest firms at maximizing the value of its projects to all stakeholders.

It goes on to say that on client engagements, TCS is considered to be able to help clients improve operational efficiency and internal operations. The report also highlights the company’s domain expertise in a broad set of industries, comprising banking and financial services; insurance; retail; consumer goods and distribution; communication, media and technology; manufacturing; life sciences and healthcare; energy, resources and utilities; travel, transportation and hospitality; and hi-tech.

“The pandemic has drastically changed consumption patterns and injected greater urgency into the digital transformation imperative. We are helping customers use this opportunity to transform themselves into more agile, purpose-driven enterprises, deepen customer intimacy and gain market share,” said Dave Jordan, Global Head, Consulting & Services Integration, TCS.

“We believe that this leadership position is a recognition of our strategy, capabilities and demonstrated ability to develop consulting-led solutions for our clients on issues of board relevance, and deliver outstanding business value.”

TCS partners with leading global enterprises, helping them make strategic business and investment Decisions for superior outcomes and to enable their growth and transformation. Its Consulting and Services Integration practice has differentiated itself in the market by going beyond traditional advisory services, and offering end-to-end, transformative solutions to C-Suite buyers to solve their most strategic business challenges and achieve break through results.

This outcome-focused approach has made TCS the trusted advisor for customers in their transformational journeys. It has helped organizations reduce risks, realize synergies and maximize value with its proven offerings around mergers and acquisitions. Likewise, it has helped CEOs adopt an enterprise agile approach to building nimbler, more innovative organizations, transform the front-office to reimagine the customer journey, or pursue new purpose-driven strategies that require integration with larger ecosystems to launch new innovative products and gain competitive advantage.

To help enterprises cope with the impact of the pandemic and prepare to lead in the post-pandemic world, TCS has been advising enterprises in rejigging their supply chain strategies for greater visibility and certainty. It has partnered with COOs to design leaner operating models by transforming their business processes and the supporting technology stacks using the Machine First™ approach, improving operational resilience, reducing turnaround times and enhancing the customer experience.

“In the Americas, TCS is viewed as one of the strongest business consulting firms in terms of maximizing the value of its projects to all stakeholders in the client organization. Integration with the client team is a key factor in making consulting projects successful,” said Bjoern Stengel, Senior Research Analyst, Business Consulting Services, IDC.

Tata Consultancy Services traded at Rs2,323.75 down by Rs25.2 or 1.07% from its previous closing of Rs2,348.95 on the BSE.

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