MUMBAI | December 24, 2015: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, today announced that it has been positioned as a Leading Player in Engineering and R&D services across all key industry verticals by Zinnov in its ‘Global Engineering and R&D Service Provider Rating (GSPR) 2015’. TCS is also positioned as the ‘Most Established Engineering Service Provider’ in this report.
Zinnov launched its annual ratings of Global R&D Service Providers’ across geographies. The study titled ‘Global Engineering and R&D Service Providers (GSPR) Rating 2015,’ is an annual study to assist business leaders spearheading global engineering initiatives make right decisions in partner selection across geographies. Zinnov has analyzed more than 40 Service Providers for this rating.
TCS has been recognized as a Leading Player by Zinnov based on the relative assessment across multiple dimensions including Human capital, Product development capabilities & experience, Scale, Business models, Ecosystem linkages, Innovation & IP creation, Non-linear strategy, Lab infrastructures, Maturity of services & service lines and Customer relationships.
TCS has also been positioned in the leadership zone in the Software Product development category and across 12 engineering verticals: Automotive, Aerospace, Consumer Electronics, Construction & Heavy machinery, Computer Peripherals and storage, Medical devices, Energy & Utilities, Industrial Machinery, Industrial Automation, Semiconductor, Telecom and Transport.
“TCS has consistently been rated as among the top Global Engineering R&D players in the Zinnov GSPR ratings. TCS has been rated in the leadership zone across all industry verticals and that’s representative of the maturity and diversity of its Engineering Service practice. Rich experience throughout the product development lifecycle from concept to prototype to manufacturing and the global network delivery model makes them a preferred engineering services provider to large R&D organizations. Their IOT enabling TCS Connected Universe Platform (TCUP) platform is one of the most mature solutions available in the engineering services sector. We see TCS as a flagship representative of India’s highly matured ER&D service sector “said, Sidhant Rastogi, Partner & Practice Head, Zinnov.
Regu Ayyaswamy, Global Head, Engineering & Industrial Services, said: “Zinnov’s recognition on TCS reiterates our strong position amongst global players and emphasizes our ability to bring innovative solutions to customers. With the potential impact of Internet of things (IOT) and new emerging technologies, Product manufacturers all over the world are looking for right partner who can help them shape their future. At TCS, we are continuously investing in right technologies with a focus to stay close to our customers, understand their business challenges and help them succeed in their markets”.
We at Zinnov assist our clients improve organization efficiency, innovation and revenue by leveraging global resources and markets. We offer deep expertise in Engineering, Digital and Globalization. Zinnov has been at the forefront of innovation and thought leadership. Our over a decade experience in globalization helps us in understanding customer problems and coming up with viable solutions. We assist our clients in addressing globalization challenges by offering customers insights, data, and implementation support to address their challenges. Our in-depth experience is driven by our focus on engineering and digital practice areas. Visit us at www.zinnov.com
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. 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 335,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $15.5 billion for year ended March 31, 2015 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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