TCS Recognized as a Leader in Data and Analytics Services by Everest Group

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been positioned as a Leader and Star Performer in the Everest Group Peak Matrix® for Data and Analytics Services1.

"Data democratization and analytics have become foundational to successful Business 4.0™ strategies for building purpose-driven and adaptable models that leverage personalization and the power of ecosystems to unlock exponential value," said Dinanath Kholkar, Global Head, Analytics and Insights, TCS. "We believe this recognition is a testament to our vision, strategy, investments in building a rich portfolio of intellectual property in analytics and insights, and the resultant market success."

TCS offers a comprehensive suite of services and solutions as well as intellectual property, catering to every business stakeholder. It follows a holistic approach to data centricity that covers the entire data value chain to drive business effectiveness. This includes simplifying the data and analytics landscape, bringing in the synergy across the knowns and the unknowns in the business ecosystem, and enabling the deployment of solutions at scale.

The company's business solutions powered by advanced analytics and AI, contextual knowledge of the customer's business and deep domain expertise help deliver better business outcomes. TCS has invested in proprietary frameworks and solutions that reduce program implementation risks and accelerate speed to value:

- DATOM™ - an advisory framework to develop the right data, analytics and AI strategy aligned to the customer's business goals. It combines TCS' cross-industry experience, contextual knowledge and data-on-cloud strategy.

- DAEzMo™ - an end-to-end solution framework that leverages TCS' Machine First™ approach to modernize the data and analytics estate across decision operations covering EngineeringOps, DataOps and AIOps.

- Decision Fabric™ - a state-of-the-art inclusive framework that brings together the power of AI and immersive analytics to build innovative business solutions that deliver value.

"Our deep domain and contextual knowledge, holistic offerings and intellectual property in data, analytics and AI, and our advisory approach have made us the preferred partner in our customers' transformative initiatives to nurture sustainable ecosystems and power their future growth," added Dinanath Kholkar.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2708.25 as compared to the previous close of Rs. 2687.25. The total number of shares traded during the day was 86947 in over 7953 trades.

The stock hit an intraday high of Rs. 2713.35 and intraday low of 2681.7. The net turnover during the day was Rs. 234770061.

1 Everest Group, Data and Analytics (D&A) Service PEAK Matrix® Assessment 2020, Vishal Gupta, Arpita Dwivedi, Deepthi Mudunooru, Akash Tandon, September 2020

Source : Equity Bulls

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