TCS Recognized as a Leader in the IDC MarketScape for European Managed Cloud Services

 Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in the IDC MarketScape for European Managed Cloud Services[1].

According to the report, “One thing that makes TCS stand out is its high percentage of managed cloud services that involve developing new applications on cloud IaaS.” The report went on to say that “A key strength highlighted by customers, compared with other vendors analyzed, is TCS’ ability to understand industry-specific needs, particularly in the financial sector.”

The cloud is the foundational element that gives enterprises the ability to tap enormous amounts of computing power and storage capacity to harness the possibilities opened up by new technologies, such as IoT, AI and blockchain, to reimagine business models and ensure superior customer experience,” said Krishnan Ramanujam, Global Head, Business and Technology Services, TCS. “Our position as a Leader in this assessment is a testament to our cloud capabilities, investments in intellectual property and customers-centricity.

TCS helps enterprises design, execute, and sustain a cloud-led business ecosystem strategy, with services such as:

  • Application development services: Enables enterprises to define the optimal business environment with cloud-native applications that are independently deployable, lightweight, and agile, using microservices and containerization.
  • Cloud migration services: Accelerates the cloud journey with decision services including the proprietary iCMC™ recommendation engine, cloud managed services, and the TCS’ Cloud Migration Factory that adopts an automated, intelligent factory model to rapidly migrate applications and data to private, public and hybrid cloud environments.
  • Business Ecosystem Integration Services suite: Helps businesses integrate with larger ecosystems and create new customer-centric, augmented offerings. Builds a pervasive backbone for digital and cloud initiatives with complete integration services including API, iPaaS / cloud integration, enterprise service bus, event brokers and B2B integration, creating seamless pathways for real-time data exchange across ecosystem partners.

TCS has deep relationships with all the leading cloud technology providers. In addition, for customers with special requirements, TCS’ Enterprise Cloud Platform offers a broad range of flexible private cloud infrastructure options, including PaaS.

TCS has an extensive portfolio of cloud-based intellectual property, with a proven record of enabling faster time-to-market, reducing risk and delivering business value. These include the TCS’ Advanced Drug Development PlatformERP on Cloud, Hosted OSS/BSS (HOBS) for CSPs, the TCS iON assessment platformTAP™ for procure to pay, CHROMA™ for talent management, Intelligent Urban Exchange, and TCS BaNCS Cloud for banking and financial institutions.

Our extensive investments in building a wide portfolio of proprietary cloud solutions, products, and platforms along with our deep contextual knowledge, domain expertise across industries, and cloud partnerships, make us the preferred partner to organizations in their cloud transformation journeys,” added Krishnan Ramanujam.