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PRESS RELEASE
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Mumbai, December 19, 2012: Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions organization, today, announced that it has been designated a Leader in IT Organization Redesign Consultancies by Forrester Research, Inc., a leading independent research company, in its November 2012 report, “The Forrester Wave™: IT Organization Redesign Consultancies, Q4 2012.”
Among the attributes that Forrester cited in the report were the company’s evaluation and design work around IT processes; and its ability to help IT shops reduce costs, consolidate applications or upgrade processes for a global organization. In addition, TCS was recognized for having built up its assets library, which includes an extensive array of reusable assets such as questionnaires, benchmark data, job descriptions, process models and others.
The Forrester Wave™ reports evaluate vendors based on criteria set through past research, user need assessments, vendor strategy and expert interviews. After examining all components, a set of initial evaluation criteria is developed. In this particular report, Forrester Research used this information to evaluate the strengths and weaknesses of seven top IT redesign consultancies. The seven consultancies were evaluated against 28 criteria including current offering, strategy, market presence and non-reference clients.
“Three years ago, in the first Forrester Wave™ on IT redesign consultancies, we stated that ‘organizational redesign is still largely an art form that is highly dependent on the consultants involved.’ For the market leaders, this has changed, as IT redesign has become more a science than an art,” wrote report author, Marc Cecere, Forrester Research. The report also states, “TCS showed us strong methodologies, supported by a wide range of tools, data and support groups. …TCS has all the parts we would expect to see of a Leader in this area.”
“In today’s volatile IT environment, companies need a strong partner that they can rely on to support their needs and help guide them through the IT transformation process,” said Sultan Khan, Global Head, IT Strategy & Governance, TCS. “We pride ourselves on our commitment to delivering consistent, valuable and forward-looking guidance to our customers. We believe that being recognized by Forrester Research as a leader is a great honor. We are constantly striving to be the best partner that we can be for our customers.”
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 300,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $13.4 billion for year ended March 31, 2014 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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