Tata Group-backed
Tata Elxsi on Monday announced that the company has been ranked in the ‘Leadership Zone’ across multiple sectors in the latest ‘Zinnov Zones 2020 Report’. The report has recognized Tata Elxsi’s Expansive and Established ER&D services and maintained its rating in the Leadership zone through its significant contribution to the Automotive and Media & Communications industries.
Nitin Pai, Chief Marketing and Strategy Officer, Tata Elxsi, said, “We are pleased to be featured in the Zinnov Rankings yet again for our continuous endeavor in delivering best in class engineering and products. We view this leadership positioning as a validation of our work by our customers, as polled during the Zinnov Zones global survey, for delivering innovative solutions at the highest levels of quality that create strategic impact to their businesses."
Zinnov is a global research, consulting, and advisory company with core expertise in product engineering and digital transformation.
According to Tata Elxsi's regulatory filing, the report accredited Tata Elxsi as an established niche player in advanced technologies like Digital Engineering, Artificial Intelligence, IoT, and Semiconductors.
Sidhant Rastogi, Managing Partner, Zinnov said, "Tata Elxsi has been recognized as a leader consistently for ER&D Services in the Zinnov Zones 2020 ER&D Services assessment. The firm’s established clientele and ability to scale in verticals such as automotive, media, and medical devices hold it in good stead. The firm has been at the forefront of enabling digital engineering for enterprises through its ADAS, in-vehicle connectivity, OTT, and AI offerings. Its investments in IP such as TE-Play, FalconEye, and Autonomai over the years are testimony to its strong focus on delivering digital engineering-led transformation for clientele."
Further, the company highlighted in the filing that in the transportation industry, the Zinnov Zones report recognized Tata Elxsi among the Top 5 ADAS service providers and its significant presence in the Telematics and Aerospace markets. The consulting company also rated Tata Elxsi’s position among the Top 3 service providers for OTT and recognized it’s offerings for SDN-NFV and Content Modernization Services.
On Sensex, Tata Elxsi settled at Rs1599.35 per piece down 0.31%