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April 01, 2014

Tata Consultancy Services Recognized as Leader by IDC

Tata Consultancy (News - Alert) Services (TCS), an IT services, consulting and business solutions organization, recently was recognized as a Leader in Enterprise Mobility Services by International Data Corporation (IDC (News - Alert)).

After evaluating 14 enterprise mobility service providers on 117 criteria, IDC gave TCS the highest scores in customer satisfaction, innovation R&D/pace and productivity, and employee management in its new report, "IDC MarketScape: Worldwide Mobile Application Development, Testing, Management and Infrastructure Services 2014 Vendor Assessment."

"In TCS, we are on a mission to help our customers re-imagine their businesses by leveraging mobility to create fundamentally new business models, reach new customer segments, create new channels, and dramatically improve business processes and workplaces," said Satya Ramaswamy, Global Head of TCS Digital Enterprise.

"We are a very customer-centric organization, focused on the success of our customers, so we are pleased to receive high praise from our customers in the IDC MarketScape report for our thought leadership and execution capabilities in enterprise mobility services."

TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model, recognized as the benchmark of excellence in software development. A part of the Tata group, India's largest industrial conglomerate, TCS has over 290,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of $11.6 billion for the year ended March 31, 2013.

Recently, the company was recognised as the fastest growing brand globally in the information technology services sector by Brand Finance. TCS' brand value grew by 58 percent to $8.2 billion in 2013-2014 compared to $5.2 billion in 2012-2013. The company's brand valuation has almost quadrupled from $2.3 billion in 2010. Brand valuation of TCS' nearest peers - Infosys (News - Alert) Limited grew by just four percent to $2.2 billion and that of Wipro by two percent to $1.9 billion.

Edited by Stefania Viscusi

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