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PRESS RELEASE
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NEW YORK | MUMBAI, December 09, 2014: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, today announced that ARC Advisory Group has rated TCS as the leading Global Service Provider of Engineering Services among vendors headquartered in India, through its recently released report titled, ‘Engineering Services by Global Service Providers in India: Market Analysis and Forecast through 2018.’ ARC Advisory Group also ranked TCS as a ‘Leader’ in these service offerings in the North America, Europe, Middle East and Africa geographies.
ARC Advisory Group is the leading technology research and advisory firm for the energy, manufacturing and infrastructure industries. The ‘Engineering Services by Global Service Providers in India: Market Analysis and Forecast through 2018’ report ranked TCS based on its overall score relative to ARC’s assessment on market share and revenue of service providers across all geographies. Furthermore, TCS was also positioned as an engineering services ‘Leader’ in the automotive, energy, retail, industrial manufacturing, and hi-tech industries.
Ralph Rio, Research Director, ARC Advisory Group, commented, “With deep expertise in multiple industries, TCS understands the challenges and proactively invests in technology to ensure timely delivery of solutions that customers need. TCS has deep engineering proficiency across mechanical, electrical, embedded systems, and software services, with investments in laboratories and Centres of Excellence.”
”We are delighted to be recognized by ARC Advisory Group as a leading global force in Engineering Services around the world,” said Regu Ayyaswamy, Global Head, Engineering & Industrial Services, TCS. “This position reiterates TCS’ passion and commitment to global customers in helping them to succeed in dynamic business environments. We ensure that our customers achieve engineering and operational excellence through TCS’ global engineering framework, Innovation ecosystem, industry focussed solutions, and technology investments.”
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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