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PRESS RELEASE
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Report Cites TCS’ Significant Delivery Capabilities and Globally Recognized Market Success
NEW YORK | MUMBAI, August 11, 2014: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, today announced that it has been recognized as a 'Leader' in Independent Testing Services by Everest Group, in its report, 'Independent Testing Services – PEAK Matrix™ Assessment and Profile Compendium 2014.' Positioned in the top three of the seventeen service providers analyzed, TCS was recognized for its extensive global delivery capabilities and its standing as an innovative strategic assurance partner across industries and geographies.
"We are honored to be recognized as a Leader in Everest Group's Independent Testing Services PEAK Matrix,” said Siva Ganesan, Vice President and Global Head of Assurance Services, TCS. “Over the years, TCS has focused on holistic assurance and testing services that provide innovative and intelligent solutions to our customers across the globe and we will continue that tradition in the years to come.”
Introduced this year, the assessment on Independent Testing Services ranked TCS as a 'Leader' for its ongoing commitment to exceptional testing services as defined by market success and overall capacity of service. The report also highlighted TCS’ capabilities in independent testing services, their global operations scale and scope of their coverage across the independent testing services spectrum, domain investments and delivery footprint.
Everest Group evaluated 17 service providers in the independent testing services sector and mapped them on their ‘Performance | Experience | Ability | Knowledge (PEAK) Matrix,’ a composite index of several distinct metrics related to a provider’s capabilities and industry track record. Everest Group also profiled the capabilities of these leading service providers through a comprehensive assessment of their service scope, scale of operations, domain investments, delivery footprints and market success.
“In an environment that emphasizes efficiency in all forms, an independent assurance function is not only an IT necessity, but also a business enabler,” said Chirajeet Sengupta, Vice President, IT Services Research, Everest Group. “By embracing a wide array of technology innovation and by virtue of a scaled global delivery model, TCS has been able to attain a leadership position in this space. Our research revealed that when partnering with TCS, clients value its industry-specific expertise and the willingness to invest in creating the right solution.”
About TCS Assurance Services
Assurance Services at TCS addresses business and quality challenges for its global customers. TCS offers assurance services across the entire testing value cycle, including test consulting and advisory, test services implementation, and managed services for test environment and test data management. We continually redefine testing and QA paradigms to help clients stay ahead of the curve. Our library of digital and domain based reusable business assets and proven engagement model, enable us to deliver certainty to our clients.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is 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 300,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $13.4 billion for year ended March 31, 2014 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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