TCS Ranked Among Top 3 Energy Service Providers by HFS Research

Tata Consultancy Services was Positioned #2 for Voice of the Customer, Overall Execution, and Technology Use and Development

LONDON | MUMBAI, December 1, 2021: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been ranked among the Top 3 service providers in the HFS Top 10 for Energy Services¹. TCS was positioned #2 for voice of the customer, overall execution, as well as technology use and development.

“TCS is working with leading energy companies to navigate industry challenges using digital technologies. Our market-leading position in the report is a recognition of our energy industry strategy and our customer-centricity. Our constant effort to drive innovation across the energy value chain, backed by our domain expertise and focus on co-creation, positions TCS well to help accelerate the pace of energy transformation,” said Debashis Ghosh, Business Group Head, Energy and Resources, TCS.

TCS partners with oil and gas, oil field services, low carbon energy, and engineering and construction companies worldwide across the value chain, helping them accelerate transformation and innovation, for growth and sustainability. TCS’ comprehensive portfolio of services span consulting and advisory, cloud, applications, digital infrastructure and cyber security, industrial asset management and digitalization, automation, and IoT and data analytics.

TCS’ R&D investments have helped it build an industry-leading set of platforms, tools, and intellectual property to address industry-specific needs such as E&P and refinery modelling, supply chain analysis, smart power grids and EV charging networks. TCS’ industry-focused Centers of Excellence help energy and resources customers adopt new business models and deliver innovation that drives sustainability. TCS Pace Ports™, its co-innovation and advanced research centers in New York, Pittsburgh, Amsterdam, Tokyo, and Toronto, enable hybrid modes of collaboration and co-creation of solutions with ecosystem partners.

Josh Matthews, Practice Leader, HFS, said, “TCS plays with the best in terms of scale, innovation, and R&D throughout the energy industry value chain. It’s combination of engineering and proprietary solutions that have a range of emerging technologies baked in fits well with internal talent initiatives and all-around industry expertise. TCS continues to prove that it has integrated consulting and innovation throughout the company—having built its historic reputation as a “delivery powerhouse”—and that sustainability services capability is being embedded as we speak.”

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 56 years. Its consulting-led, cognitive powered, portfolio of business, technology and engineering services and solutions 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 601,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $29 billion in the fiscal year ended March 31, 2024, and is listed on the BSE and the NSE 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.

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