Tata Consultancy Services’ Consulting, Design and Managed Services, Investments in Innovation Labs, IPs and Strategic Partnerships, Recognized as Key Strengths
NEW YORK | MUMBAI, November 02, 2022: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been recognized as a Leader in Everest Group’s PEAK Matrix™ for Industry 4.0 services.
According to the report, TCS has a superior play in providing consulting, design, managed services and support to its clients. Cited as key strengths were its dedicated investments in forming strategic partnerships, establishing labs and developing IPs and solutions to bolster capabilities in IIoT, analytics, AI/ML, simulation robotics and additive manufacturing.
The report also highlighted that clients appreciate TCS for is ease of working, customer sensitivity and focus on delivery speed, as well as the ability to provide end to end support, from design services to managed services and support.
“Organizations have been increasingly adopting Industry 4.0-based digital manufacturing solutions with real time data and AI based insights. TCS has been a partner to these organizations in defining their road map, developing the solutions, and deploying them at scale in their factories,” said Regu Ayyaswamy, Global Head, Internet of Things & Digital Engineering unit, TCS. “This recognition can be seen as a reflection of our vision, capabilities, investments in intellectual property and the resultant market success.”
TCS’ Neural Manufacturing™ thought leadership framework enables manufacturers to orchestrate connected, cognitive and collaborative ecosystems. A future manufacturing enterprise powered by AI, 5G, IoT and cloud drives a connected ecosystem enabling advanced analytics and creates a roadmap towards autonomous plant operations.
TCS leverages its unique consulting-led Value Discovery approach that brings together the right business stakeholders from across functional groups of customer organizations to realize their digital factory vision, advanced manufacturing strategy and roadmaps. The company’s Industry 4.0 expertise and experience across industries enables it to construct and drive a path to exponential value for its customers with relevant use cases and a value-driven implementation plan.
TCS offers a comprehensive portfolio of Industry 4.0-related services and solutions spanning consulting and design, development and verification and validation, deployment and system integration, and managed services and support. Its proprietary Neural Manufacturing suite of solutions are being adopted by customers across industries – manufacturing, CPG, automotive, aerospace, energy, utilities, healthcare, life science and hi-tech, for operations transformation towards achieving their autonomous or lights-out factory vision. These solutions include:
“TCS stands out as a key player in the Industry 4.0 space for its well-forged partner eco-system comprising cloud enablers, communication & technology players, and academic institutions. This is further backed by dedicated investments in upskilling its talent pool in areas such as IIoT, AI/ML, robotics, analytics, and simulation,” said Nishant Udupa, Practice Director, Everest Group. “The company offers Industry 4.0 solutions to enterprises from across industries and has demonstrated an openness to engaging in emerging commercial constructs. It has invested in multiple IoT and Industry 4.0 labs and has developed IP across major technology such as IoT, analytics, additive manufacturing, AR/VR, edge computing, and simulation to gain significant traction in this space. This has contributed to TCS emerging as a Leader in Everest Group's Industry 4.0 Services PEAK Matrix® Assessment 2022.”
 Industry 4.0 Services PEAK Matrix® Assessment 2022, Nishant Udupa, Everest Group, September 8, 2022
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