TCS Named a Leader in IDC MarketScape for Worldwide Managed Public Cloud Services

Tata Consultancy Services helps clients envision a borderless future enabled by cloud; and its strategic roadmap and commitment to delivery helps bring that vision to life

NEW YORK | MUMBAI, March 8, 2024: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been recognized as a Leader in the IDC MarketScape for Worldwide Managed Public Cloud Services ^[1].

According to IDC, “TCS differentiates its managed cloud services business and capabilities based on customer centricity for which TCS provides value through both deep contextual and industry expertise, support from a global team of more than 600,000 diverse and skilled talent and thought leaders, TCS’ ‘Integrated Cloud Value Engine’ that spans from strategy to multicloud operations, and a culture of innovation and collaboration that includes partnerships with cloud service providers as well as non-cloud SPs involving TCS’ Co-Innovation Network (COIN).” It goes on to say, “Across its public cloud partners, TCS surpassed industry standards in supporting clients in using AWS, Azure, Google, and the IBM Cloud for application software (e.g., ERP, SCM, CRM).”

“Cloud is a unifying fabric that has ushered in a wave of data-intensive technologies, such as AI. TCS is helping enterprises adopt a cloud-first approach to pursue an AI-first strategy and drive growth and transformation,” said Siva Ganesan, Global Head, AI.Cloud Business Unit, TCS. “We believe our position as a Leader in this report reflects the investments we have made in scaling and deepening our capabilities on cloud, and our industry-leading solutions that help our clients drive business innovation and power their success.”

TCS helps customers envision a borderless future enabled by cloud, and its strategic roadmap and commitment to delivery helps bring that vision to life. It provides comprehensive services throughout a client’s entire cloud journey beginning with the buildout of the multi-cloud infrastructure core, modernization and migration of the application and data estates, development of innovative business models, and ongoing management of cloud operations.

TCS’ transformation services consist of strategic consulting services and cloud and digital transformation services. Once key workloads move to the cloud, TCS provides smart managed services to help reduce cloud management overheads, offer a consistent service delivery experience, and provide full-stack operations services.

TCS’ Cloud Exponence platform is a centralized multi-tenant platform that enables cloud consumption across geographies, hosted on variety of cloud providers in a shared services model for enterprises. It comes embedded with several cloud-native service management features such as incident, change, and service request management modules. It provides fully configurable functionalities, minimizing the need for investments in third-party tools, offering enterprises the power to orchestrate operations through a unified console across multiple cloud platforms. Customers are provided with a catalog-based service model to choose services on an as-needed basis. The solution features seamless cloud services provisioning, SecOps, FinOps, and DevOps.

TCS continues to deepen its partnerships and alliances with all major public cloud providers to ensure its clients achieve their specific digital transformation goals through a multicloud approach. It provides a full complement of end-to-end services around each of the major hyperscale clouds – AWS, Google Cloud, and Microsoft. Additionally, it offers a broad range of flexible, private cloud infrastructure options, including Platform as a Service through the TCS Enterprise Cloud Platform. A key differentiator is TCS’ end-to-end portfolio of intellectual property, tools, platforms, and frameworks.

“This report highlights how TCS demonstrated critical strengths in the managed public cloud services market that ranged from surpassing market averages in supporting clients using private clouds as part of hybrid clouds and technologies involving edge computing, 5G, AR/VR (augmented reality/virtual reality) and IoT to having above industry averages in utilizing CoEs (centers of excellence) to support client use of public cloud providers spanning AWS, Azure and Google as well as use of technologies involving analytics, AI (artificial intelligence) and security. IDC research on buyer needs shows that this portfolio of capabilities positions TCS as having the means by which to help enterprises achieve strategic objectives that include driving growth, ensuring business agility and resiliency, meeting sustainability requirements, and enabling new business models,” said David Tapper, VP, Outsourcing and Managed Cloud Services, IDC.

About IDC MarketScape: IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

Learn how TCS helps organizations power their success with our unmatched cloud capabilities and partnerships: https://www.tcs.com/what-we-do/services/cloud

[1] IDC MarketScape: Worldwide Managed Public Cloud Services 2023 Vendor Assessment, David Tapper and Peter Marston, IDC, November 2023

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TCS works hand in hand with world-leading investors.

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TCS is here to make a difference through technology.

We deliver excellence and create value for customers and communities.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Global knowledge. Local support

TCS Named a Leader in IDC MarketScape for Worldwide Managed Public Cloud Services

Adaptability starts here

Find out more

TCS is here to make a difference through technology.

We deliver excellence and create value for customers and communities.

Extraordinary expertise leads to remarkable results.

Want to be a global change-maker? Join our team.

Find the latest news about TCS in our Newsroom

Recent Press releases

Recent News

Recent recognitions

Upcoming events

TCS works hand in hand with world-leading investors.

Global knowledge. Local support

Adaptability starts here

Find out more

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