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PRESS RELEASE
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TCS recognized for its strategy, current offering and market presence
New York | Mumbai, June 17, 2011: Tata Consultancy Services (TCS), (BSE: 523540, NSE: TCS), a leading IT services, consulting and business solutions firm, today announced that Forrester Research, Inc. has cited TCS as a Leader in “The Forrester Wave™: Oracle Services Providers, Q2 2011” report. (Forrester Research, “The Forrester Wave™: Oracle Services Providers, Q2 2011” May 20, 2011).
Forrester evaluated the strengths, weaknesses and differences in the strategy of 14 leading global services providers in the Oracle applications market. The assessment was based on 68 criteria, which were grouped into three high-level buckets, including current offering, strategy and market presence. TCS achieved top scores in all three areas.
TCS’ partnership with Oracle has spanned nearly two decades. During this time, TCS has demonstrated through multiple global engagements, their expertise in Oracle applications and technology solutions. With a deep understanding of customers’ business needs across industry verticals, TCS provides complete lifecycle solutions that help customers realize maximum business benefits and efficiency from their Oracle investments.
“TCS provides Oracle enterprise solutions to its customers that help them to enhance existing processes and applications while enabling agility and adaptability for future growth, “ said Sridhar Bakshi, Global Head, Oracle Practice, TCS. “We believe our high scores on the Forrester Wave™ Oracle Services Providers report are a testament to TCS’ solution maturity, in-depth technology expertise, best-in-class consulting, proven onshore-offshore methodologies and superior customer experience.”
This is the third Forrester Wave™ report in 2011 in which TCS has been featured as an industry leader. TCS was named a leader in the March 2011 reports titled “The Forrester Wave™: Global IT Infrastructure Outsourcing, Q1 2011” and “The Forrester Wave™: SAP Service Providers, Q2 2011”.
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 198,500 of the world’s best-trained consultants in 42 countries. The company generated consolidated revenues of US $8.2 billion for year ended March 31, 2011 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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