Mumbai, India – June 3, 2008 — Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading global IT services, business solutions and outsourcing firm, today announced that leading industry analyst firm Gartner, Inc., positioned TCS in the Leaders Quadrant of its “Magic Quadrant for Business Intelligence and Performance Management Services, North America,” 2008 report.1
Developed by Gartner analysts as an evaluation of the Business Intelligence and Performance Management Services providers, the Magic Quadrant evaluates vendors on their ability to execute and their completeness of vision.
“We are proud of our positioning in the Leaders Quadrant, which in my opinion reaffirms our expertise in this space,” said Dr. Santosh Mohanty, Head, Global Technology Excellence, TCS. “We believe this is a testament to our industry-focused BIPM solutions, technology agnostic approach, and our Global Network Delivery Model™, which all contribute to our high levels of customer satisfaction.”
TCS' BIPM practice has a holistic view of Business Intelligence and Performance Management. TCS believes that ‘Enterprise Intelligence’ will drive business outcomes if powered by process integration and business innovation. In a similar term, setting targets and meeting those targets on a consistent basis requires a complete alignment of process, performance and prediction. TCS has created a service oriented framework called “SOLAR”© to strategize and deliver the BIPM solution for the enterprise. The SOLAR framework brings the right alignment of ‘Integration, Intelligence and Innovation’ and ‘Process, Performance and Prediction’.
1Gartner “Magic Quadrant for Business Intelligence Services, North America,” 2008, by Alex Soejarto, Susanne Karlsson, Neil Chandler, May 30, 2008
About the Magic Quadrant
The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendor’s measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Tata Consultancy Services
Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services 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 111,000 of the world's best trained IT consultants in 50 countries. The company generated consolidated revenues of US $5.7 billion for fiscal year ended 31 March 2008 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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