Tata Consultancy Services’ Investments in Intellectual Property, Accelerators that Speed-up Transformations, and Partner Ecosystem, Cited as Key Strengths
NEW YORK | MUMBAI, June 8, 2021: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, has been positioned as a Leader in the Everest Group PEAK Matrix® for SAP S/4HANA Services1.
According to the report, TCS has invested in establishing a strong partner ecosystem of cloud vendors and technology partners, which helps in bringing client-specific solutions. It goes on to say that TCS has good proof points in driving complex implementations leveraging the digital core capabilities of S/4HANA across enterprise line of business functions. TCS’ intellectual property (IP) tools and accelerators that expedite time-to-market for its clients across the entire services value chain, were highlighted as key strengths.
“Our deep domain knowledge, technology expertise and continued investments in IP and assets along with a strong cloud and technology partner ecosystem are helping accelerate our customers’ digital transformation journeys,” said Akhilesh Tiwari, Global Head, Enterprise Application Services, TCS. “This Leadership position is a recognition of our future facing strategy of harnessing next generation digital technologies and innovation to deliver a competitive edge to our clients.”
TCS offers a comprehensive suite of SAP services, including design thinking, advisory, innovation consulting, implementation, and other digital support services. To deliver faster speed to market across the entire services value chain, TCS leverages IP-led assets, such as:
TCS Enterprise Navigator™ – an integrated consulting-led framework that supports C-suite leaders in realizing perpetual value from their transformation initiatives and driving business growth enabled by TCS CrystallusTM and ConvertCoreTM.
TCS Crystallus™ – a set of pre-configured industry and business solutions, contextualized to address specific industry requirements. TCS Crystallus encompasses TCS’ domain expertise, industry best practices, and contextual knowledge for S/4HANA greenfield implementation programs.
TCS ConvertCore – offers a built-in modular approach that allows enterprises to drive continuous business value. TCS ConvertCore is a compelling proposition for enterprises to accelerate system conversion to SAP S/4HANA and pave a solid foundation for their perpetual transformation journey.
“SAP S/4HANA ERP platform is an integral part of enterprise digital transformation – enabling enterprises to build a well-orchestrated applications landscape. SAP owns a lion’s share of the ERP market and its S/4HANA platform has shown meaningful growth underpinned by its platform capabilities and strong partner ecosystem,” said Yugal Joshi, Vice President, Everest Group. "TCS' IP tools and solutions, coupled with its global delivery network and partner ecosystem has enabled it to deliver scaled implementations for S/4HANA. Clients have also benefited from its cost-effective delivery model and flexibility in solutioning. Taken together, these efforts have earned TCS Leader placement on Everest Group’s S/4HANA Services PEAK Matrix® Assessment 2021.”
TCS helps customers evaluate newer digital offerings such as SAP S/4HANA, SAP® Customer Experience solutions, SAP SuccessFactors® solutions, SAP Ariba® solutions, and SAP® Business Technology Platform, to define their roadmap, architecture and strategy. TCS’ innovation and demo centers in Cincinnati-US, Paris-France, Mumbai-India and Tokyo-Japan help customers gain a first-hand experience of SAP’s new products and global innovations through a digital transformation ecosystem.
About Tata Consultancy Services (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 over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. 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 over 488,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22.2 billion in the fiscal year ended March 31, 2021, 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 MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com and follow TCS news at @TCS_News.
To stay up-to-date on TCS global news, follow @TCS_News.
1 S/4HANA Services PEAK Matrix® Assessment 2021, Yugal Joshi, Abhishek Mundra, AS Yamohiadeen, Sangamesh Kadagad, Everest Group, May 3, 2021
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