TCS tops DQ Top 20 list of Engineering Services, 2009, third time in a row
Dataquest: Industry Analyses 09: Engineering Services: "In the Limelight, Finally"
TCS has been ranked no. 1 in the DataQuest Top 20 list of 2009 in the Engineering Services category for the third consecutive year. DataQuest has published various insights in its annual report called "Engineering services: In the Limelight, Finally"
An excerpt from the report on industry analysis:
"Concept to Manufacturing: This is something that we identified last year as an experimentation with potential to become a trend. It has surely become more prevalent, if not the standard norm. Not only has TCS whose success in convincing an Italian aerospace company to outsource end-to-end work from designing of a manufacturing tool to getting it manufactured in India at a lower cost, we elaborated last year got more such orders from the same customer, it has managed to sell the idea to many more customers. In the arrangement, the engineering services firm takes end-to-end responsibility from design to manufacturing and delivers the end product to the customer. Typically, the manufacturer (in case of TCS, a group company, TAL Manufacturing Solutions) delivers directly to the customer because of tax efficiency but the program management is done by the outsourcing firms like TCS and they get paid for that as service."
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