TCS Recognized as a Leader in Cloud Services in North America by Everest Group

Tata Consultancy Services’ Portfolio of End-to-End Cloud Solutions, Hybrid-Cloud Capabilities, and Investments into Vertical Use-Case-Based Offerings, Cited as Key Strengths

NEW YORK | MUMBAI, February 4, 2022: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been named a Leader in the Everest Group PEAK Matrix^® for Cloud Services in North America^[1].

The report highlights that the company’s strong portfolio of industry cloud offerings is well suited for all major industry verticals and delivers intellectual property covering a full spectrum of traditional and next-gen cloud services. According to the report, clients interviewed cite TCS’ technical expertise and domain knowledge as a strong point.

The report highlights the company’s ongoing investments in role-based and technology-focused organic talent development, upskilling its workforce through various internal programs for its cloud practice, as a key strength. It further says clients requiring strong hybrid cloud capabilities will resonate with TCS’ private cloud offering, TCS Enterprise Cloud.

“When an enterprise harnesses the full power of cloud, the transformation journey opens new doors to agility, innovation, and resilience. TCS helps enterprises design and deploy their cloud strategies, helping them achieve their future-ready business vision with a clear path to value,” said Krishnan Ramanujam, Business Group Head, Service Lines, TCS. “We believe our positioning as a Leader is a testament to our capabilities in delivering a comprehensive suite of cloud advisory services that empower organizations to build a foundation for a future-ready enterprise.”

TCS offers end-to-end services spanning the entire cloud journey and including cloud advisory services, application and data estate modernization and migration, cloud-based industry solutions, and managed services. Its sustained investments in research and innovation have resulted in an industry leading portfolio of frameworks, accelerators, products, and platforms that can significantly speed up customers’ cloud transformation journeys.

TCS helps enterprises combine the power of cloud with application modernization, with services that span:

Integration and API Services: Enable enterprises to excel in a highly competitive digital economy with ecosystem intermediation and monetization of data, using APIs through a multi-cloud environment across applications.
Application Development Services: Define the optimal business environment with cloud-native applications that are independently deployable, lightweight, and agile, using microservices, serverless apps, and containerization.
Cloud Migration Services: Orchestrate the cloud journey through decision services with eZcloud Pilot, cloud migration factories, and cloud managed services, ensuring a transformation continuum.

TCS designs private, hybrid, and managed cloud platforms to enable dynamic and agile enterprises. The TCS ecosystem of partnerships and alliances with all major public cloud providers ensures enterprises achieve their specific digital transformation goals.

TCS’ Enterprise Cloud provides contextual, full-stack and secure cloud services, including strategy and assessment, foundation, migration, and modernization. It enables organizations to harness the scalability and flexibility of cloud technology without having to compromise on security practices, with respect to business-critical applications such as core banking, analytics, IoT, and ERP. The platform comes with robust SDx capabilities and is integrated with OpenStack software to drive automation at all levels. The state-of-the-art hybrid cloud platform deploys next-generation Platform-as-a-Service (PaaS) solutions. As an end-to-end, 360-degree PaaS provider, TCS delivers all the tools, templates, and libraries to accelerate app development and shorten time-to-market.

TCS has invested in setting up dedicated strategic cloud units that provide a full complement of end-to-end services around each of the major hyperscale clouds – Google, AWS, and Microsoft.

“Enterprises are increasingly embracing cloud for business value creation and digitization rather than solely as a medium to derive cost savings. Industry-tailored solutions, multi and hybrid-cloud hosting environments, and value-aligned cloud services are preferred while navigating the challenges of cost management, the resource crunch, vendor lock-in, and cloud security,” said Mukesh Ranjan, Practice Director, Everest Group. “TCS offers a comprehensive set of foundational and next-generation cloud services through its portfolio of cloud solutions. TCS continues to invest significantly in organic talent development through its various internal programs. Enterprise clients have appreciated its ability to develop and proactively bring forward innovative solutions. These factors have contributed to its positioning as a Leader on Everest Group’s Cloud Services PEAK Matrix^® Assessment 2022 – North America.”

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 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.

^[1]Cloud Services PEAK Matrix^® Assessment 2022 – North America, Everest Group, December 2021.