TCS Cited as Leader in Global IT Infrastructure Outsourcing Report
Mumbai, India – June 15, 2007
Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading global IT services, business solutions and outsourcing firm, today announced that Forrester Research Inc., an independent research firm, cited TCS as a leader in global IT infrastructure outsourcing, in its June 14, 2007 report titled “The Forrester Wave™: Global IT Infrastructure Outsourcing, Q2 2007.”
The report states that “the ascension of India-based service providers in the infrastructure space is now led by TCS. … TCS has an enticing vision for infrastructure clients that builds on transparency and extends through to true business goals.” The report continues: “TCS has a strong process and quality foundation, and the firm has rapidly grown its global infrastructure-delivery model in recent years to focus on remote delivery from India, China, Hungary, Brazil, and Uruguay. TCS also has a nearshore delivery capability in the US (Phoenix and New Jersey), UK (Guildford and Peterborough), and Luxembourg… [TCS] is well-positioned to leverage strong capability over the next several quarters to make an even more competitive run against traditional IT infrastructure powerhouses.”
P. R. Krishnan, Infrastructure Services Global Practice Head at TCS, said: “We will continue TCS’ commitment to exceeding our customers’ ever-increasing expectations for quality service. This past fiscal year, strong relationships have helped TCS drive $4.3 billion in revenues, attract more than 200 customer additions and rapidly increase our global footprint in Latin America, Europe, the U.S. and beyond. We continue to see bright prospects as our customers experience the unmatched certainty of doing business with us.”
More than 90% of TCS’ business comes from repeat customers, reflecting the strength of a global network delivery model that delivers the same standards, methodologies, excellence and expectations across the globe.
About Tata Consultancy Services (TCS)
Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services 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 89,000 of the world's best trained IT consultants in 47 countries. The company generated consolidated revenues of US $4.3 billion for fiscal year ended 31 March 2007 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.