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Tata Consultancy Services’ expertise across large-scale IT transformations, large delivery presence, and strong talent pool in emerging geographies are cited as key strengths
NEW YORK | MUMBAI, November 11, 2024: Tata Consultancy Services (TCS) has been positioned as a Leader in Everest Group’s Guidewire Services PEAK Matrix® Assessment 2024. TCS’ strong vision, deep market presence, and comprehensive partnership ecosystem placed it ahead of competition.
The report states, TCS’ comprehensive expertise across large-scale IT transformation engagements coupled with its large offshore delivery presence have helped TCS present strong growth stories to expand its market reach. Additionally, it mentions ample success proof points that TCS has established across emerging geographies beyond North America, UK & Europe and its meaningful investments in setting up seed teams to develop local talent pools in Hong Kong, Japan, LATAM, and the Nordics.
TCS has been recognized with Guidewire’s 2023 PartnerConnect Consulting Excellence Awards including Outstanding Market Growth Award-Americas at the Advantage tier and Passion for Excellence Award at the Advantage tier at the Guidewire Connections conference, positioning TCS as a trusted partner. Further, the report cites clients’ appreciation for TCS’ cost-effective, high-quality output delivery and reasonable pricing of contracts. TCS is a Guidewire PartnerConnect Consulting partner at the Advantage tier.
“As Property and Casualty (P&C) insurers continue to explore the possibilities of emerging technologies and cloud, Guidewire remains their go-to platform for a future-ready core. In the journey of navigating complex IT landscapes, overcoming the challenges of large-scale transformations and the need for specialized expertise, TCS stands as a trusted partner for P&C insurers across the globe. With our strong expertise in P&C insurance domain and Guidewire, investments in niche talent, innovation focus and a powerful partner ecosystem, TCS helps insurers meet their business and IT objectives with their Guidewire transformation initiatives,” Susheel Vasudevan, President & Business Head, BFSI Americas, TCS.
"Strong experience in supporting large-scale technology transformation engagements for insurers, an extensive offshore delivery presence, and targeted investments to set up localized delivery teams for the support of emerging markets such as Nordics and Japan have helped TCS to demonstrate a well-rounded Guidewire services portfolio," says Aaditya Jain, Vice President at Everest Group. “Strong market feedback on cost-effectiveness and delivery excellence has further contributed to TCS being recognized as a Leader in Everest Group’s Guidewire Services PEAK Matrix® Assessment 2024."
TCS offers a comprehensive portfolio of services in Guidewire Cloud, AI, and data and analytics, supporting Insurers in their journey to transform and become more data driven and customer focused.
TCS services for Guidewire aim to transform insurers, enabling them to launch new digital products, services and business to address new market needs. Backed by TCS Guidewire Innovation hub, contextual knowledge and TCS COIN™ network, TCS solutions have helped insurance companies to be risk aware, and prevention and preservation - focused by establishing data-driven underwriting and straight through claims processing.
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