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    TCS is here to make a difference through technology.

    Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.

    Discover all solutions
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      We deliver excellence and create value for customers and communities.

      Our expert, committed team put our shared values into action – every day. With the best talent and the latest technology we help customers turn complexity into opportunities and create meaningful change.

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

      At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.

      Join us
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      22 May 2025 TCS to Steer Cloud Migration Program for Finnish Telecom Leader DNA in a Five-Year Partnership
      15 May 2025 TCS Recognized as One of the World’s Top 50 Brands by Kantar BrandZ; Brand Value Soars 28% YoY to $57.3Bn
      14 May 2025 TCS Partners with Khan Bank to Future-Proof its Operations, Enhance Customer Experience and Propel Innovation leveraging AI and ML
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      27 May 2025 TCS Strengthens Focus in the Middle East Region with New Facility in Oman
      02 May 2025 TCS Ranked Denmark’s #1 IT Service Provider for Customer Satisfaction in 2025
      23 Apr 2025 TCS Partners with Google Cloud on Agent-to-Agent Interoperability Protocol to Drive Future-Ready Enterprises
      View all
    • Analyst recognition

      Recent recognitions

      26 May 2025 TCS Recognized as a Leader in Managed Detection and Response Services by Everest Group
      16 May 2025 TCS Recognized as a Leader in Custom Application Development Services by Everest Group
      16 May 2025 TCS Named a Leader in Application Management Services by Everest Group
      View all
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      11 Jun 2025 TCS and PTC Present the North America Leadership Forum 2025
      11 Jun 2025 TCS at UK’s Future of Utilities Summit 2025
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    What we do
    • Overview Press tab for submenu items

      TCS is here to make a difference through technology.

      Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.

      Discover all solutions
    • Industries
      • Banking
      • Capital Markets
      • Consumer Packaged Goods and Distribution
      • Communications, Media, and Information Services
      • Education
      • Energy, Resources, and Utilities
      • Healthcare
      • High Tech
      • Insurance
      • Life Sciences
      • Manufacturing
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      • Retail
      • Travel and Logistics
    • Services
      • Artificial Intelligence
      • Cloud
      • Cognitive Business Operations
      • Consulting
      • Cybersecurity
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      • Enterprise Solutions
      • IoT and Digital Engineering
      • Network Solutions and Services
      • TCS Interactive
      • Sustainability Services
    • Products and Platforms
      • TCS ADD™
      • TCS BANCS™
      • TCS BFSI Platforms
      • TCS CHROMA™
      • TCS Customer Intelligence & Insights™
      • TCS ERP on Cloud
      • ignio™
      • TCS iON™
      • TCS HOBS™
      • TCS Intelligent Urban Exchange™
      • TCS OmniStore™
      • TCS Optumera™
      • TCS Tap™
      • Quartz™ – The Smart Ledgers™
      • TCS TwinX™
      • TCS MasterCraft™
      • Jile™
      • TCS DigiBOLT™
    Overview
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  • Products and Platforms expand here
    • TCS ADD™
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    • TCS CHROMA™
    • TCS Customer Intelligence & Insights™
    • TCS ERP on Cloud
    • ignio™
    • TCS iON™
    • TCS HOBS™
    • TCS Intelligent Urban Exchange™
    • TCS OmniStore™
    • TCS Optumera™
    • TCS Tap™
    • Quartz™ – The Smart Ledgers™
    • TCS TwinX™
    • TCS MasterCraft™
    • Jile™
    • TCS DigiBOLT™
  • Who we are
    • Overview Press tab for submenu items

      We deliver excellence and create value for customers and communities.

      Our expert, committed team put our shared values into action – every day. With the best talent and the latest technology we help customers turn complexity into opportunities and create meaningful change.

      Discover the difference
    • About Us
      • Leadership
      • Corporate Sustainability
      • Diversity, Equity, and Inclusion
      • Corporate Social Responsibility
      • The TCS Way
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    Overview
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    • Overview Press tab for submenu items

      Extraordinary expertise leads to remarkable results.

      We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.

      Discover Expert Insights
    • Customer Stories
    • Perspectives
    • Global studies
    • Topics
      • Metaverse
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    • Overview Press tab for submenu items

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

      At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.

      Join us
    • India
      • India
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Chile
      • Colombia
      • Ecuador
      • Mexico
      • Peru
      • Uruguay
      • USA
    • Asia Pacific
      • Australia
      • Mainland China
      • Hong Kong SAR
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    Overview
  • India expand here
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    • Uruguay
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    • Overview Press tab for submenu items

      Find the latest news about TCS in our Newsroom

      Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.

      Discover more
    • Press releases

      Recent Press releases

      22 May 2025 TCS to Steer Cloud Migration Program for Finnish Telecom Leader DNA in a Five-Year Partnership
      15 May 2025 TCS Recognized as One of the World’s Top 50 Brands by Kantar BrandZ; Brand Value Soars 28% YoY to $57.3Bn
      14 May 2025 TCS Partners with Khan Bank to Future-Proof its Operations, Enhance Customer Experience and Propel Innovation leveraging AI and ML
      View all
    • News alerts

      Recent News

      27 May 2025 TCS Strengthens Focus in the Middle East Region with New Facility in Oman
      02 May 2025 TCS Ranked Denmark’s #1 IT Service Provider for Customer Satisfaction in 2025
      23 Apr 2025 TCS Partners with Google Cloud on Agent-to-Agent Interoperability Protocol to Drive Future-Ready Enterprises
      View all
    • Analyst recognition

      Recent recognitions

      26 May 2025 TCS Recognized as a Leader in Managed Detection and Response Services by Everest Group
      16 May 2025 TCS Recognized as a Leader in Custom Application Development Services by Everest Group
      16 May 2025 TCS Named a Leader in Application Management Services by Everest Group
      View all
    • Events

      Upcoming events

      16 Jun 2025 TCS at International Paris Air Show 2025
      11 Jun 2025 TCS and PTC Present the North America Leadership Forum 2025
      11 Jun 2025 TCS at UK’s Future of Utilities Summit 2025
      View all
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    • Overview Press tab for submenu items

      TCS works hand in hand with world-leading investors.

      Tata Consultancy Services Limited
      NSE:TCS
      INR
      Discover more FY24-25 debrief
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      • Annual Report Section
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      • Download TCS Data Sheet
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    TCS Positioned as a Leader in IDC MarketScape for Worldwide Enterprise Analytics and AI Business Process Services for Finance and Accounting 2024 

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    Tata Consultancy Services provides end-to-end analytics solutions across the finance value chain including data management, reporting, analytics and insights, predictive modeling, and optimization to support customers in enabling an intelligent enterprise powered by new-age digital solutions

     

    NEW YORK | MUMBAI, August, 2024: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been recognized as a Leader in the IDC Marketscape for Worldwide Enterprise Analytics and AI Business Process Services for Finance and Accounting 2024 Vendor Assessment (doc # US51353223, July 2024).

    According to the report, “TCS has a high share of enterprise F&A BPS clients for which it performs end-to-end advanced analytics including AP/AR analytics, working capital optimization, forecasting/planning, credit/collections, fraud analytics, profitability analysis, and cash flow analysis”. The report further states, “TCS also has numerous generative AI pilots and POCs for use cases including document analysis, conversational finance, accounting and financial report generation, financial analysis and forecasting, and fraud detection and risk mitigation”.

    “In-order to achieve the next frontier of growth and efficiency, finance leaders need to focus on better data controllership, richer insights, and speed and agility in processing and decision-making. Technologies like analytics, machine learning, AI, Gen AI are key to institutionalizing this. TCS, with its Cognix™ powered suite of solutions has been helping enterprises across industries embrace these technologies at pace, enhancing their core metrics and paving the way for market success” said Ashok Pai, Senior Vice President & Global Head, Enterprise Cognitive Business Operations, TCS. “We believe that this recognition is a reflection of our continued investments in technology and innovation and our efforts to drive digital adoption for our clients”

    “TCS performed well across a multitude of metrics such as its extensive capabilities around AI and analytics across the finance value chain, driving adoption of these digital technologies amongst their client base and aligning future investments and strategies to evolving market needs. This has been possible because of its investments in proprietary and partner-based solutions and integrated platforms with Cognix™ at the core. Gen AI continues to be a key focus area, positioning TCS well to drive enhanced value creation for its clients” said Raymond Pucci, Research Director, Intelligent Finance & Customer Care Business Process Services

    TCS offers a comprehensive suite of offerings across the finance-value chain. It helps organizations revolutionize their finance and accounting operations spanning across Procure-to-Pay, Order-to-Cash, Record-to-Report with technologies like automation, AI, Gen AI, advanced analytics, and cloud to significantly improve their efficiency, speed, and compliance. Its AI-led strategic finance offerings like financial planning and analysis, cash and liquidity management, and taxation equips enterprises with data-driven decision-making for enhanced resilience and financial performance. TCS also provides a host of industry-specific finance and accounting services like trust and equity accounting for financial services, revenue cycle management for healthcare, passenger and cargo revenue accounting for travel and transportation, store accounting for retail, and meter to cash for utilities to cater to the inherent accounting nuances and needs of various industry domains. It advises and supports CFOs in their broader ESG imperatives with services like ESG reporting framework design, ESG data benchmarking, Insights for carbon emission reduction, and adoption of carbon neutral finance strategies.

    TCS brings in a unique approach to clients’ finance transformation needs by combining its advisory, technology and operations expertise well- supported by its contextual know-how, strong digital and partner ecosystem and future-ready talent pool.

    TCS Cognix™ for Finance, an AI-driven human-machine collaboration suite, is at the heart of this transformation approach. It offers a customized, fit-for-purpose transformation approach aligned to the business dynamics and operations maturity of enterprises. The transformation journey enabled through Cognix™ powered maturity assessment tools and frameworks delve into process discovery and analysis along with benchmarking of client’ operational metrics with best-in-class industry standards and peers. It is then followed up with recommended digital solutions to track and improve metrics on an on-going basis. Cognix™ offers a library of pre-built digital solutions across the finance value chain that are built using multiple technologies like AI, GenAI, analytics and automation. These solutions can be easily deployed into the client’ environment for accelerated value realization.

    About IDC MarketScape:

    IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’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 technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

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