Tata Consultancy Services Awarded for Capabilities in Cognitive Technology, Technological Innovation, its Customer-Centric Approach, and Transformational Deals
SINGAPORE | MUMBAI, September 26, 2018: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, has won Frost & Sullivan’s 2018 Asia-Pacific ICT Award for BPM Solutions Provider of the Year.
The Frost & Sullivan award recognizes companies demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer centricity, and strategic product development in their business segments, and their efforts to improve the industry as a whole.
"It's a great honor to be named the Asia-Pacific BPM Solutions Provider of the Year 2018 by Frost & Sullivan,” said Ashok Pai, VP and Head, Cognitive Business Operations (CBO), TCS. “This recognition is a testament of our Business 4.0™ vision and strategy encompassing contextual knowledge, design thinking, and innovation and highlights our success in the region.”
TCS’ CBO unit engages with forward thinking customers across the world with leading-edge, technology-led solutions that reimagine business operations end to end, including the underlying IT systems and supporting infrastructure, and drive superior business outcomes. These solutions leverage AI, machine learning, IoT, cloud, analytics, computer vision, and RPA, while adopting Agile practices across Business Process Services, IT Infrastructure Services, and IT Operations.
“TCS has been strengthening its capability and aligning well to strategically partner with businesses aspiring to be successful next-generation digital enterprises. Business 4.0™, TCS’ thought leadership framework combining technology, contextual knowledge, and deep domain expertise, bodes well with customers across geographies and sectors,” said Krishna Baidya, Head, Customer Contact Research Digital Transformation Practice – Asia-Pacific, Frost & Sullivan. “TCS’ expanding global network delivery footprint, language capability, proven analytical skills, technology transformation competences, and excellent customer-centric approach continue to deliver business outcomes for its clients. Leveraging its Machine First Delivery Model (MFDM™), the provider won many marquee and transformational deals in the region. A sharply focused and holistic approach to the digital opportunity has gained significant market share for the company in FY18.”
TCS won the award for the fifth consecutive year. The strong overall performance and back-to-back award wins exemplify TCS’ leadership in cognitive business operations and business process services in the region.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development.
A part of the Tata group, India's largest multinational business group, TCS has more than 400,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $19.09 billion for year ended March 31, 2018 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.
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