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TCS Positioned as a Global Leader in IoT Services by Zinnov

Posted On: 2021-06-09 11:56:25 (Time Zone: UTC)


Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been named a Leader in the Zinnov Zones for Internet of Things (IoT) Services1, for the fifth consecutive year. The report recognized TCS' leadership in various segments of IoT services such as digital thread services, telemedicine services, contactless retail services, cybersecurity services and public infrastructure services.

"With TCS' Bringing Life to Things™ IoT framework, we are helping our customers adapt to the new normal with the right use cases that drive superior business outcomes and help organizations become resilient and adaptive," said Regu Ayyaswamy, Global Head, IoT and Engineering and Industrial Services, TCS. "This leadership positioning by Zinnov is a testament to our vision, vast experience in IoT transformations, capabilities and value-driven approach."

TCS' Bringing Life to Things IoT framework helps customers build predictive and self-aware systems that can sense and intelligently respond to changes in the physical environment. Using this framework, organizations can create new, boundaryless and pervasive business models, seamless customer experiences, optimized and responsive value chains, as well as enhance safety and security at the workplace.

TCS offers a comprehensive portfolio of IoT services spanning strategy and consulting services, implementation, technical and business integration services, and post deployment managed services. With its deep contextual knowledge and engineering expertise, TCS supports enterprise-wide transformations across industries like manufacturing, consumer packaged goods, retail, energy, utilities, transportation, logistics, healthcare, hi-tech and telecom. A unique consulting-led Value Discovery Approach is used to develop a roadmap and identify the right use cases to derive maximum business benefits. TCS' proprietary IoT solutions include:

- TCS DigiFleet™: An IoT enabled SaaS that assimilates telematics and environmental data to provide real-time impactful business insights to customers about their fleet and freights and helps enhance visibility, operational efficiency of their logistics on the move and achieve sustainability goals.

- TCS IP2TM: It combines IoT with AI and digital twin technologies to support critical assets, enhance reliability, improve flexibility, cut emissions, and help power plant operators improve plant cycle efficiency by 1 to 2 percent.

- TCS Clever Energy™: An enterprise-level energy and emissions management system, powered by IoT, artificial intelligence, machine learning and cloud, that helps commercial and industrial organizations drive energy and cost efficiency, decrease carbon emissions, and become more sustainable.

"For the fifth consecutive year, TCS has been recognized as a global leader for IoT services based on its abilities to provide end to end services such as advisory, engineering, SI & deployment, and managed services. Its strong suite of use-case specific solutions and services across connected cars, connected health, public infrastructure, contactless retail, and digital thread have helped fortify its positioning. TCS' framework driven approach to help enterprises derive value from their IoT-led transformation initiatives and adopt new business models and enhance customer experiences, are what helped it anchor its Leadership position this year too," said Sidhant Rastogi, Managing Partner, Zinnov.

"Our investments in innovation and new age technologies, vast portfolio of industry-specific proprietary solutions and frameworks that drive supply chain resiliency, and our deep contextual knowledge of customers' business processes make us the preferred partner to customers in their supply chain, manufacturing, and customer service transformations," added Regu Ayyaswamy.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.3199.5 as compared to the previous close of Rs. 3200.5. The total number of shares traded during the day was 88982 in over 8297 trades.

The stock hit an intraday high of Rs. 3220.8 and intraday low of 3187.8. The net turnover during the day was Rs. 284897340.

1Zinnov Zones 2020: IoT Technology & Services, Sidhant Rastogi, Zinnov, December 2020


Source: Equity Bulls

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