TCS Recognized as a Leader in Life Sciences ITO for 2015 by Everest Group
Report cites TCS’ extensive services portfolio, continuous domain investment and deal success globally in the Life Sciences IT outsourcing segment
NEW YORK | MUMBAI, December 3, 2015: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, announced that it has been recognized as a 'Leader' in Life Sciences Outsourcing by leading consulting and research firm, Everest Group, in its report, “IT Outsourcing (ITO) in Life Sciences Industry Service Provider Landscape with PEAK Matrix™ Assessment 2015.”
Everest Group recognized TCS for leading the pack in terms of achieving deal success globally, further consolidating operations in emerging geographies, achieving strong growth on a large base, sustaining an extensive delivery network across North America, Europe, APAC, MEA and Latin America and continuously investing in proprietary solutions and research.
The Everest Group report is based on an evaluation of 20 ITO service providers specific to the global life sciences sector. Its findings are then mapped on to its ‘Performance, Experience, Ability, Knowledge (PEAK) Matrix’, a composite index of several distinct metrics related to a provider’s capabilities and market success. Everest Group also profiled the capabilities of these leading service providers in detail, including a comprehensive picture of their service scope, scale of operations, domain investments, delivery footprint, and market success.
“Life Sciences firms are in the midst of reorienting business models and strategic priorities to focus on core competence. TCS has bolstered its capabilities in core value-chain areas such as clinical trials and R&D with broad-based offerings to present a compelling value proposition to life sciences buyers,” said Jimit Arora, Vice President - IT Services, Everest Group.
“We are proud to be recognized as Leader in the Life Sciences ITO space by Everest Group,” said Debashis Ghosh, President – Life Sciences, Manufacturing and Energy, TCS. “As life sciences organizations continue to reinvent themselves and explore newer avenues presented by digital technologies, personalized medicines or emerging markets, TCS continues to add value and be the partner of choice for our customers.”
About TCS Life Sciences
TCS Life Sciences provides top global Life Sciences organizations with full service offerings in IT, Consulting, KPO, Infrastructure and Engineering Services, as well as Mobility, Big Data, Analytics and Cloud. TCS’ rich industry experience, domain expertise and global footprint allows for a seamless partnership with its Life Sciences customers to help them advance clinical trial efficiencies, accelerate drug discovery, accentuate manufacturing productivity and amplify sales and marketing effectiveness. In addition, TCS has a dedicated Life Sciences Innovation Lab which ensures that its customers have the tools and innovative solutions they need to solve complex business challenges.
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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