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PRESS RELEASE
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Mumbai, India, March 12, 2008: Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading global IT services, business solutions and outsourcing firm, today announced that Forrester, an independent research firm, cited TCS as a Leader in its March 10, 2008 report titled “The Forrester Wave: Oracle Implementation Providers, Q1 2008”.
Forrester analyzed thirteen service providers across 107 criteria. The criteria were grouped into three categories of Current Offering, Strategy, and Market Presence. In this evaluation, TCS was positioned in the Leader category.
The report notes TCS’ focus on specific solutions developed for vertical industries: “Key industries include financial services, manufacturing, telecommunications, and travel; TCS has pre-built, industry specific editions within these and other sectors that speed implementation time and reduce implementation effort.”
“We are proud of our recognition as a leader in this Forrester report and our ability to deliver results to our clients who use Oracle solutions,” said Santosh Mohanty, Technology Excellence Group Head, TCS. “TCS is focused on offering end-to-end consulting services in Oracle, from strategy formulation, to development and deployment of the chosen enterprise solutions product, to maintenance and support.”
For the past two decades, TCS has been developing and implementing solutions on Oracle technology for its global customers. TCS is an Oracle strategic Global Systems Integrator and Certified Advantage Partner, focused on providing solutions across Oracle E-Business Suite, PeopleSoft Enterprise, JD Edwards EnterpriseOne, JD Edwards World, Siebel, and Oracle Fusion.
About Tata Consultancy Services (TCS)
Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services 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 108,000 of the world's best trained IT consultants in 47 countries. The Company generated consolidated revenues of US $4.3 billion for the fiscal year ended 31 March, 2007 and is listed on National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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