Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

TCS a Leader in Life Sciences Digital Services in Europe: Everest Group

Posted On: 2018-10-08 16:38:32

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been named a Leader in the Everest Group PEAK Matrix™ for life Sciences Digital Services in Europe.1

The report, which analyzed the digital services capabilities of 21 IT service providers specific to the life sciences sector in Europe, highlights TCS' credible digital transformation capabilities with scale and consistency of performance. Also highlighted as a key strength is the company's focus on nextgeneration digital solutions such as the Advanced Drug Development Platform that uses artificial intelligence and IoT for drug development and patient engagement.

"In a Business 4.0™ world, life sciences companies are actively embracing emerging digital technologies across the life sciences value chain to accelerate their growth and transformation agenda," said Debashis Ghosh, President, Life Sciences and Healthcare, TCS. "Our leadership position in Europe with this report and in North America in an earlier report, validate our strong relationships with our customers, contextual knowledge of the different markets we cater to, a consistent successful record with diqital use-cases and proactiveness in driving innovation using the Machine First Delivery Model (MFDM™) for our Life Sciences customers."

TCS partners with leading life sciences companies in leveraging next generation platforms and emerging technologies to drive innovation, gain speed-to-market, and drive internal efficiencies. The company offers a full set of digital transformation services and solutions including advisory services, predictive and prescriptive analytics, genomics research, advanced platform solutions, and cognitive business operations. Early investments in building capabilities in digital technologies in the form of reskilling the workforce, agile workplaces, and intellectual property have helped TCS gain significant scale and depth in the digital space.

TCS' experts in the life sciences domain work closely with solution architects to come up with innovative solutions that use a combination of user-friendly omnichannel front-end technologies, AI, IoT, Big Data analytics, cognitive computing capabilities, robotic process automation, and cloud to reimagine the life sciences value chain. The company's extensive portfolio of intellectual property- such as the Advanced Drug Development platform, Decision Fabric™ for drug safety and pharma, Connected Universe Platform, and Customer Engagement Platform - help customers achieve better speed to market and superior business outcomes.

"The European life sciences market is quite heterogeneous, with different regions and clusters exhibiting specific demand tenets. As their digital initiatives move from pilots to programs, life sciences enterprises in Europe are looking for more strategic engagements around specific themes. Service providers need to address these specific business and technology challenges, in the context of a post-GDPR world to create distinctive market impact. Leveraging its Business 4.0™ framework, TCS is able to stitch end-to-end deals, underpinned by digital technologies, to advance the modernization mandate for European life sciences organizations," said Jimit Arora, Partner, Everest Group.

"Our balanced portfolio of offerings in Life Sciences, continuous investments in intellectual property, domain expertise, contextual knowledge, and depth of digital capabilities, make us a preferred partner for life sciences customers in their Business 4.0™ journey," added Debashis Ghosh.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2080.1 as compared to the previous close of Rs. 2103.1. The total number of shares traded during the day was 102738 in over 5420 trades.

The stock hit an intraday high of Rs. 2122.9 and intraday low of 2048. The net turnover during the day was Rs. 213219240.

1 Life Sciences Digital in Europe - Service Provider Landscape with Services Peak Matrix™ Assessment 2018: Accelerating Transformation Despite Regulatory Complexity, Everest Group, September 2018


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

TCS Collaborates with Red Hat to Build Next-Gen Solutions that Accelerate Customers' Digital Transformation

The Indian Wood Products Company Ltd board to consider bonus issue, stock split

Skipper bags fresh new orders of over 150 Crores INR for 2500 no. of Telecom Towers

Urja Global Ltd to participate in 8th Eco Friendly Electriv Vehicles Expo in India

Dewan Housing Finance Corporation Ltd to sell stake in Asset Management Business

Meera Industries Ltd identifies land for proposed expansion

DBL Chandikhole Bhadrak Highways Pvt Ltd receives appointed date from NHAI

HCL Technologies becomes a Microsoft Azure Expert Managed Service Provider

GM Breweries Ltd board to consider Q3 results on Jan 3, 2019

Glenmark Pharmaceuticals receives ANDA approval for Ear Drops

Ashoka Buildcon subsidiary raises INR 150 Cr from Morgan Stanley India Infrastructure

Shanthi Gears Ltd board to declare interim dividend, consider buy back

Rainbow Foundations Ltd to issue 5 crore NCRCPS

Sandhar Technologies Ltd board to consider Q3 results on Feb 2, 2019

Galaxy Surfactants receives 'Best Process Innovation' Award at ICIS Innovation Awards 2018 held in London

NMDC Ltd revises prices of Iron Ore from Dec 13, 2018

Glenmark Pharmaceuticals Announces New Data on GBR 1302

Sai Industries Ltd appoints CS

RITES Ltd board declares interim dividend of Rs. 4.75

Ashoka Buildcon Ltd approves NCD issue

Punjab & Sind Bank revises MCLR from Dec 16, 2018

Graphite India Ltd updates on Bengaluru graphite electrode plant

White Organic Agro Limited Board recommends Bonus Issue of Equity Shares in the ratio of 1 : 1

Mafatlal Industries Ltd accepts resignation of MD & CEO

Mahindra & Mahindra Ltd to increase stake in Sampo to 49.04%

Mac Hotels Ltd plans ambitious expansion

thyssenkrupp and Tata Steel announce executive leadership for the planned Joint Venture

Lupin receives US FDA approval for Clobazam Tablets, 10 mg and 20 mg

BGR Energy Systems Ltd secures order worth Rs. 49.40 crores

Dr. Purvish M. Parikh represented Shalby at The 13th International SFO Conference in Bhutan

HDFC Bank Ltd board to announce Q3 results on Jan 19, 2019

Lupin receives tentative US FDA approval for Tadalafil Tablets USP, 20 mg

Zenith Birla India Ltd enters into OTS with PNB & Edelweiss ARC

Bank of Baroda approves raising funds of Rs. 525 crore

Gujarat Terce Laboratories Ltd appoints Mr. Bhagirath Ramhit Maurya as CFO

Max India Ltd forfeits warrant subscription amount of Rs. 75 crore

Ircon International Ltd appoionts additional director

Power Mech Projects Ltd receives orders worth Rs 245 Crores

Ahluwalia Contracts receives new order of Rs. 425.42 crores

NPCIL's Kaiga Unit-1 equipped with BHEL-supplied Nuclear Power equipment creates World Record for continuous operation

Huhtamaki PPL Ltd announces resignation of CFO Mr. Parag Vyavahare

Sadbhav Infrastructure Project Ltd receives appointed date for Sadbhav Jodhpur Ring Road Private Limited

Glenmark Pharmaceuticals receives ANDA approval for Hydrocortisone Valerate Ointment USP, 0.2%

Biocon successfully completes US FDA GMP inspection at its Telangana API facility

NTPC Limited acquires 720 MW Barauni Thermal Power Station

UFO Moviez India Ltd updates on acquisition of Scrabble Digital Ltd

Café Coffee Day Introduces 'Season's Treatings' Menu

Dalmia Cement empowers Ajeet and Deeya Bajaj aiming to scale Mt. Vinson, Antarctica

Technocraft launches the revolutionary MACH ONE Formwork System

Sunfeast recognizes potential footballers at Sunfeast Kolkata School Football League 2018







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018