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TCS Positioned as a Leader in IDC MarketScape for SAP NextGeneration Implementation Services

Posted On: 2020-08-06 06:09:16

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been positioned as a Leader in the IDC MarketScape for SAP Next-Generation Implementation Services, Worldwide1.

According to the report: "Buyers rate TCS highly for its ability to provide customer service, particularly onsite, and for its ability to provide functional insights and competency related to SAP implementation services. Similarly, IDC values TCS' channel alliance strategy and the company's next-generation tools/IP strategy."

"Our proven Business 4.0™ framework combined with the power of SAP technologies and the TCS Crystallus™ preconfigured industry and business solutions, enables organizations to accelerate value realization in their digital transformation journey," said Akhilesh Tiwari, Global Head, Enterprise Application Services, TCS. "This Leadership position is a recognition of our commitment to enable organizations to innovate in their journey towards becoming intelligent and resilient enterprises."

TCS' SAP services portfolio encompasses interactive design, advisory, consulting, implementation and other support services. The company helps customers evaluate digital offerings such as SAP S/4HANA, SAP C/4HANA®, SAP® SuccessFactors®, SAP Intelligent Spend Management, and SAP Cloud Platform, and define their roadmap, architecture, and strategy. TCS' solutions are built on contextual knowledge and SAP best practices and enable enterprises to confidently embrace digital technologies as part of their ecosystems so they can benefit from innovation, agility and precision.

TCS Crystallus™ is a set of pre-configured industry and business solutions that accelerate SAP S/4HANAenabled digital transformations, giving enterprise customers a competitive edge. Built using TCS' vast domain knowledge and proven best practices, TCS Crystallus includes assets and accelerators that cater to various industries, including life sciences, hi-tech, professional services, and travel and transportation.

In addition, the company has leveraged its domain expertise in multiple industry verticals to build industryspecific solutions such as predictive maintenance for utilities, liquidity risk management for the financial sector and an MRO (maintenance, repair and overhaul) solution for the transportation vertical. TCS also architects larger bespoke solutions that involve orchestration and integration of multiple services and technologies including those from SAP.

"The overall TCS SAP services strategy is in alignment with SAP's digital core strategy, and as adoption has increased, allied areas like cloud, customer experience, integrated spend management and analytics have become critical," said Ali Zaidi, Research Director, IT Consulting and Systems Integration Services, IDC.

"Our contextual knowledge of our customers' businesses, investments in research and innovation, strategic relationship with SAP, and industry-tailored offerings, make us the preferred partner to leading enterprises in their SAP transformation journeys," added Akhilesh Tiwari.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2307.7 as compared to the previous close of Rs. 2258.8. The total number of shares traded during the day was 136621 in over 7580 trades.

The stock hit an intraday high of Rs. 2317.75 and intraday low of 2264.35. The net turnover during the day was Rs. 314493809.

1IDC MarketScape: Worldwide SAP Next-Generation Implementation Services 2020 Vendor Assessment, Ali Zaidi, Doc # US46141520, June 2020

Source: Equity Bulls

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