Tata Consultancy Services (TCS) has been recognized as a Leader in the Everest Group PEAK Matrix for Application Transformation Services for the second time in a row.
According to the report, clients value TCS’ co-innovation approach in large scale application services engagements which helps TCS win large deals that include modernization in scope. Highlighted as strengths are TCS’ significant investments in building a strong portfolio of application transformation solutions, underpinned by a mature suite of flagship IPs and verticalized solutions.
The report also said that clients appreciate TCS' talent management and technical competence of delivery engineers.
“Enterprises across the globe are embracing cloud and other digital technologies to reimagine business models, address new market segments, enhance customer experience and differentiate themselves. Key to success in this journey is the ability to quickly modernize the existing application and data estate while seamlessly innovating and deploying newer cloud-native systems,” said Krishnan Ramanujam, Business Group Head, Business and Transformation Services, TCS. “Our Leadership positioning in this space for the second time in a row, is a testament to our vision, innovation, extensive presence, and the resultant market impact.”
The Cloud Innovation Garage leverages IoT, AI, ML and advanced analytics and cloud as well as TCS' domain knowledge to drive innovation. Other accelerators include HyperBreeze Container Service Offering, Cloud Mutagen, TCS Cloud Exponence, Jile, iCMC, Modernization Propeller, and ZippedAgile.
“Investments in application estate transformation have accelerated in recent times as a precursor to meaningful digital transformation,” said Alisha Mittal, Practice Director, Everest Group. "TCS’ coinnovation approach combined with the mature set of verticalized solutions have helped it deliver largescale modernization engagements. Its focus on modernization-led cost savings and focused business outcomes resonate well with the clients. All of which contributed to its designation as Leader in the Everest Group PEAK Matrix for Application Transformation Services.”