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    TCS is here to make a difference through technology.

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      TCS is here to make a difference through technology.

      Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.

      Discover all solutions
    • Industries
      • Banking
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      • Consumer Packaged Goods and Distribution
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      We deliver excellence and create value for customers and communities.

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      Find the latest news about TCS in our Newsroom

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      Discover more
    • Press releases

      Recent Press releases

      15 May 2025 TCS Recognized as One of the World’s Top 50 Brands by Kantar BrandZ; Brand Value Soars 28% YoY to $57.3Bn
      14 May 2025 TCS Partners with Khan Bank to Future-Proof its Operations, Enhance Customer Experience and Propel Innovation leveraging AI and ML
      12 May 2025 TCS Partners with Dhofar Insurance Company to Transform its Core Insurance Platform
      View all
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      02 May 2025 TCS Ranked Denmark’s #1 IT Service Provider for Customer Satisfaction in 2025
      23 Apr 2025 TCS Partners with Google Cloud on Agent-to-Agent Interoperability Protocol to Drive Future-Ready Enterprises
      11 Apr 2025 TCS Partners with Google Cloud to Accelerate AI-led Transformation in the Retail Sector
      View all
    • Analyst recognition

      Recent recognitions

      16 May 2025 TCS Recognized as a Leader in Custom Application Development Services by Everest Group
      16 May 2025 TCS Named a Leader in Application Management Services by Everest Group
      22 Apr 2025 TCS Ranked #6 Amongst Banking Technology Providers and Recognized as a Regional Leader across all Geographies by Everest Group
      View all
    • Events

      Upcoming events

      11 Jun 2025 TCS and PTC Present the North America Leadership Forum 2025
      11 Jun 2025 TCS at UK’s Future of Utilities Summit 2025
      04 Jun 2025 Veeva R&D and Quality Summit: Developing Better Health Outcomes
      View all
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      Tata Consultancy Services Limited
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    • Press Release

    TCS Positioned as a Leader in IDC MarketScape for Worldwide Manufacturing PLM System Integrator and BPO Services

    Share TCS Positioned as a Leader in IDC MarketScape for Worldwide Manufacturing PLM System Integrator and BPO Services
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    Tata Consultancy Services Helps Customers Enhance their PLM Strategies to Reimagine the Value Chain, Innovate Faster and Improve Time to Market

     

    PRESS RELEASE

    NEW YORK | MUMBAI, February 20, 2023: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been named a Leader in the IDC MarketScape for Manufacturing Product Lifecycle Management System Integrator & BPO services1.

    “Manufacturers across industries are facing challenges in keeping up with the transformation in the product ecosystem as smart technologies and new business models evolve. TCS helps organizations leverage PLM as a foundation to establish a Digital Thread which will provide the foundation needed to adapt to changing business environments, reimagine the value chain, innovate faster and improve the time to market for new smart products,” said Regu Ayyaswamy, Global Head, IoT and Digital Engineering unit, TCS. “This recognition is a reflection of our vision, strategy, PLM expertise and the resultant market success.”

    TCS combines digital technologies like IoT, analytics, cloud, and mobile along with lifecycle capabilities to help enterprises unlock new possibilities like transitioning from product-based business models to those centered on services and customer experience, promoting agility in new product introduction, reducing product lifecycle costs and supporting sustainability goals.

    TCS is helping leading organizations in the manufacturing industry successfully realize the benefits of PLM by leveraging its expertise across the entire product lifecycle from understanding market requirements, design/development and manufacturing to service and end-of-life. This broad spectrum of coverage enables TCS to provide holistic services that deliver predictable business outcomes for clients’ PLM investments.

    Building on this extensive expertise, TCS offers its clients a Digital Thread approach to manage the complexities of smart, connected product development, which are increasingly software centric. It utilizes industry focused accelerators and new age practices that accelerate digital transformation and enable faster ROI from investments.

    TCS Digital Thread Consulting services help organization define their approach. It also provides system integration capabilities to deliver the roadmap effectively and efficiently. The TCS Digital Thread solution transforms the product lifecycle management strategy to ensure business agility and establishes a connected data flow across the product value chain, providing contextual insights that enable data driven decisions.

    Other offerings include:

    • Model Based Systems Engineering (MBSE) services, comprising MBSE maturity assessment, consolidation of MBSE tools landscape, defining the adoption roadmap, and accelerating the deployment of MBSE solutions. TCS helps organizations model the complex relationships between product systems and sub systems in order to manage the systems engineering lifecycle from requirements and design to verification and validation.
    • Integrated Application Lifecycle Management framework helps organizations manage the entire embedded software development lifecycle by addressing requirements management, traceability, continuous integration and delivery, integrated validation management, agile project management, real time reporting, compliance management and ecosystem collaboration.
    • Digital Twin and Digital Thread Convergence framework for Connected Digital Enterprise helps organizations connect the complete product value chain, enabling data flow across the digital definition and the physical product to bring actionable insights to improve asset performance and drive continuous innovation.

    1 IDC MarketScape: Worldwide Manufacturing PLM Systems Integrator and BPO Services 2022 Vendor Assessment, John Snow, November 2022, IDC #US49838022, IDC



    About IDC MarketScape: IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

     

    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 613,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, 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  

     

    TCS media contacts

    Corporate Communications & India

    corporate.communications@tcs.com

    saxena.kritika@tcs.com

    +91 22 6778 9999

    kimberly.solomon@tcs.com

    +91 22 67789098

    Asia Pacific

    y.tham@tcs.com

    +65 9720 9005

    Canada

    tiffany.fisher@tcs.com

    +1 416 456 7650

    Latin America

    alma.leal@tcs.com

    +521 55 2095 6098

    Australia and New Zealand

    kelly.ryan@tcs.com

    +61 422 989 682

    Europe

    roland.bagen@tcs.com

    +46 70 3178024

    Japan

    douglas.foote@tcs.com

    +81 80 2115 0989

    Middle East & Africa

    pragya.priyadarshini@tcs.com

    +971 528656700

    UK

    priyanka.mehta@tcs.com

    +44 7921493382

    USA

    james.sciales@tcs.com

    +1 917 981 7651

    In the News

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    Press Releases

    TCS Recognized as One of the World’s Top 50 Brands by Kantar BrandZ; Brand Value Soars 28% YoY to $57.3Bn

    Press Releases | 15 May 2025   Opens in new tab
    2/4
    Press Releases

    TCS Partners with Khan Bank to Future-Proof its Operations, Enhance Customer Experience and Propel Innovation leveraging AI and ML

    Press Releases | 14 May 2025   Opens in new tab
    3/4
    Press Releases

    TCS Partners with Dhofar Insurance Company to Transform its Core Insurance Platform

    Press Releases | 12 May 2025   Opens in new tab
    4/4

    Jazeera Airways Partners with Tata Consultancy Services to Power AI-led Transformation, Reimagine Digital Customer Experience

    News Alert | 05 May 2025   Opens in new tab

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