ANALYST REPORT

 

TCS is ranked as a “Major Player” in IDC MarketScape: Worldwide Oil and Gas Professional Services 2012 Vendor Assessment

Excerpt from the report:

“TCS is ranked as a Major Player in this IDC MarketScape.

TCS has been investing a lot over the past few years to become one of the fastest-growing players in the market… Although TCS provides services to the entire value chain, the upstream and downstream business makes up close to 50% of TCS’ oil and gas revenue. Over 50% of TCS’ O&G clients are OFS companies.

TCS started in the O&G business doing application development and management. The company has broadened to IT consulting and systems integration. Among the solutions offered by TCS for upstream, midstream, and trading are predictive asset management, energy trading, and supply chain logistics. Other solutions are pipeline integrity and management. TCS has also integrated a geospatial view with SCADA. TCS is working on building out an E&P technical data management framework. The company also offers solutions in retail fuel and refinery operations.”

The report mentions that client feedback for TCS’ O&G expertise is fairly positive. “Companies find TCS to be friendly and easy to work with. TCS is currently putting a lot of effort in hiring consultants with a solid O&G background as the company has correctly identified that expertise is important to existing and future clients.”

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