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PRESS RELEASE
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TCS recognized for its fairly strong current offering and compelling forward-looking strategy
MUMBAI, May 12, 2009: Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading global IT services and consulting firm, today announced that Forrester, an independent research firm, cited TCS as a Leader in its April 2009 report titled “The Forrester Wave™: Global IT Infrastructure Outsourcing, Q1 2009”.
Forrester reviewed fifteen service providers across 31 criteria. The criteria were clustered into three categories of current offering, strategy, and market presence. TCS was positioned as a Leader.
According to the research firm, “With excellent global reach and widely distributed personnel, TCS is clearly maturing beyond the role of low-cost delivery engine. TCS has a very strong strategy for future growth that focuses on linking infrastructure and applications work in holistic solutions for clients delivered by TCS with ecosystem partners. It is also driving to even greater levels of pricing and service transparency.”
“Our continued recognition by industry experts is something we pride ourselves in,” said P.R. Krishnan, Infrastructure Services Head, TCS. “Today, businesses are increasingly focused on transforming the way they operate and an effective IT infrastructure is a strategic enabler. TCS’ in-depth industry knowledge and technical expertise helps customers harness the best out of their IT investments by creating a 'Business Effective' IT infrastructure that's not only reliable, but also future proof.”
TCS provides end-to-end infrastructure solutions with a comprehensive set of offerings which help its clients extract enhanced value and business effectiveness from their IT investments.
About Tata Consultancy Services (TCS)
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 143,000 of the world's best trained IT consultants in 42 countries. The company generated consolidated revenues of US $6 billion for fiscal year ended 31 March 2009 and is listed on the National Stock Exchange and Bombay Stock Exchange in India.
Note: This TCS release and other news announcements are available as part of an RSS feed at http://www.tcs.com
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