TCS Named Star Performer of the Year in Healthcare by Everest Group

Tata Consultancy Services Received the Award for its Outstanding Performance in the Healthcare Payer Digital Services Assessment

NEW YORK | MUMBAI, May 21, 2020: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been named the Star Performer of the Year for Healthcare in the PEAK Matrix® IT Service Provider of the Year Awards by Everest Group.

The awards recognize consistent top performers across IT services PEAK Matrix assessments. The Star Performer of the Year award is given to service providers with the greatest positive relative year-on-year movement in these assessments.

“The new normal has forced the industry to reimagine its purpose – payers are pushing the boundaries and turning into wellness orchestrators. Additionally, they are adopting emerging technologies such as IoT, AI, automation, cloud to orchestrate digital health services, tele medicine, digital workplace and patient centric experiences,” said Nitin Kumar, Global Head, Healthcare Business Unit, TCS. “This recognition as the Star Performer of the Year in Healthcare, further strengthens our resolve and dedication to work closely with our customers as they embark on their digital transformation journeys to become resilient and adaptable in the post COVID-19 world."

TCS collaborates with leading healthcare companies to enable their digital transformation journeys by leveraging its Business 4.0™ framework and Machine First™ Delivery Model. It offers a comprehensive set of offerings including digital services, IT transformation and operations, consulting, and domain services. TCS' rich industry experience, business and technology services, cross industry solutions and global footprint allows for a seamless partnership with its customers in the healthcare ecosystem.

The company’s portfolio of industry-specific proprietary solutions – including TCS Enrollment 360, the analytics-based Health Plan framework, TCS Health 360, ignio™for Healthcare, and the Claims Denial Analytics platform – helps elevate customer experience, introduce new products faster, enable ecosystem partnerships and drive efficiency in operations with the highest level of quality and compliance.

“TCS was recognized as the Star Performer for overall IT services in healthcare at the fifth Everest Group IT Service Provider of the Year Awards,” according to Abhishek Singh, Vice President, Everest Group. “The award is a recognition of TCS' ability to act as a strategic partner for its customers; its focus on value-based care via investments in digital transformation, platform-led solutions (such as the Health 360 and Enrollment 360), and igniofor healthcare; and an emphasis on driving operating model transformation capabilities through strategic technology deployment."

About Tata Consultancy Services Ltd. (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^TM 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 448,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22 billion in the fiscal year ended March 31, 2020, 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 Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.

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