Tata Consultancy Services’ Deep Domain Knowledge, Comprehensive Portfolio of AI Services, and Innovation Partnerships Cited as Key Strengths
NEW YORK | MUMBAI, April 08, 2022: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been named a Leader in Everest Group’s PEAK Matrix® for Artificial Intelligence (AI) services.
Highlighted as a key strength is TCS’ comprehensive portfolio of Al services, built on an approach focused on business transformation; it strategically positions Al as a quintessential invisible layer in the boarder construct of digital transformation. The report said that TCS is taking a partnership route to building greenfield capabilities in emerging Al, forging partnerships with hardware players to work on Al sustainability.
Another strength cited was TCS’ engagement with academics and research institutes to drive innovation across federated learning. According to the report, clients have expressed appreciation for TCS’ deep domain knowledge, enabling access to industry experts, providing them accuracy and accountability in Al engagements, and proactive account management.
“Purpose-driven sustainable enterprises aspire to accelerate their digital transformation journeys in pursuit of their growth agenda. Our AI-driven solutions help organizations leverage their ecosystem-wide data to personalize customer experiences, hyper-automate operations, drive competitive differentiation and accelerate business growth,” said Dinanath Kholkar, Global Head, Analytics, and Insights, TCS. “This recognition is a reflection of our vision, technology expertise, investments in cutting-edge research, comprehensive portfolio of AI-based intellectual property and the resultant market success.”
TCS offers a comprehensive portfolio of AI-related services and solutions catering to every business stakeholder, and spanning consulting and advisory, model management, systems design, and implementation. Using machine learning, machine vision, voice recognition, natural language processing and knowledge mining, TCS helps customers reimagine processes across the end-to-end customer journey, to drive simplification, hyper-automation and hyper-personalization. Proprietary solutions include:
“Artificial Intelligence has become vital in enterprises to accelerate recovery from the pandemic and create a more resilient future. Coupled with this growth is the need to embed responsibility in AI systems, which spans from explainability and regulatory compliance to sustainable AI. With data becoming a critical competency, enterprises are also employing concepts such as collaborative data ecosystems, federated learning, and multi-party computing among others. TCS has differentiated itself by complementing its extensive portfolio of AI services with deep domain knowledge and industry expertise to help clients achieve the desired outcomes. It’s taking a partnership-first approach to drive forward the mandate of innovation by engaging in partnerships with an array of players across the ecosystem including niche vendors, academic and hardware companies. Its focus on responsible adoption of AI and sustainability with and for AI, has helped TCS strengthen its positions as a Leader in Everest Group’s Artificial Intelligence Services PEAK Matrix® Assessment 2022,” said Nitish Mittal, Partner, Everest Group.
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 556,000 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
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