TCS Named a Large Player in Now Tech Report for Asia Pacific IoT Consultancies

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been named in the Large Player market presence segment in the Forrester Now Tech: Internet of Things (IoT) Consultancies in APAC, Q1 2022.

The report provides an overview of 17 IoT service providers in Asia Pacific. According to the report, "Working with IoT consultancies shortens your time-to-value and helps you realize a future-fit technology strategy to make your organization more resilient, adaptive, and creative."

The report said that TCS' most significant geographic presence in Asia Pacific by revenue is across Japan (60%), South Asia and India (25%), ANZ (10%), and Southeast Asia (5%) and its vertical market focus is in Manufacturing, Consumer Packaged Goods and, Transportation and Logistics.

"TCS' unique consulting-led approach, investments in domain-specific IoT solutions, and experienced talent pool, make it a preferred partner to enterprises looking to drive IoT-led innovation, enhance customer experience and accelerate their growth and transformation journeys," said Regu Ayyaswamy, Global Head, Internet of Things & Digital Engineering, TCS.

TCS offers a comprehensive portfolio of IoT services spanning strategy and consulting services, implementation, technical and business integration services, and post deployment managed services. These services help organizations 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.

Leveraging its Bringing Life to Things™ IoT business framework and its deep domain knowledge across industry verticals, TCS has built a rich set of industry-specific IoT solutions with predictive and self-aware systems that use artificial intelligence (AI) and machine learning to sense and intelligently respond to changes in the physical environment.

These include:

• TCS IP2™: Combines IoT with AI and digital twin technologies to support critical assets, enhance reliability, improve flexibility, cut emissions, enable a better digital experience for workers, and help thermal power plant operators improve plant cycle efficiency by one to two percent.
• TCS Clever Energy™: An award-winning enterprise-level energy and emissions management system, powered by IoT, AI, machine learning and cloud, that helps commercial and industrial organizations drive energy and cost efficiency, decrease carbon emissions, and become more sustainable.
• TCS DigiFleet™: Award winning suite of solutions focused on providing real-time actionable insights for assets on the move, and helping organization reimagine supply chains. Powered by an IoT and AIML engine, the suite provides contextual and situational insights on fleet and supply chain operations by analyzing real-time data from the heterogeneous ecosystem. The suite offers modular, industryspecific features on software as a service model to accelerate digitalization of fleet and supply chains through two pre-built modules:
• dPulse: Increases fleet reliability and utilization, helping reduce fuel and maintenance costs and driving sustainability strategies.
• dMove: Predicts supply chain disruptions in a multi-modal, multi-carrier network. It provides insights and unified visibility on route optimization, parcel condition and ETA prediction.

TCS uses these solutions to help customers in APAC solve their toughest problems, adopt new business models like servitization and gain agility from improved operational awareness.

Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3857.00 as compared to the previous close of Rs. 3800.65. The total number of shares traded during the day was 72720 in over 10189 trades.

The stock hit an intraday high of Rs. 3864.00 and intraday low of 3800.65. The net turnover during the day was Rs. 279231087.00.

Source : Equity Bulls

Keywords

TataConsultancyServices INE467B01029 TCS LargePlayer ForresterNowTech IoT