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TCS Recognized as a Leader in IDC MarketScape for Supply Chain All Other Ecosystems Services

Posted On: 2021-05-17 11:28:59 (Time Zone: UTC)

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 Supply Chain All Other Ecosystems Services, Worldwide1.

According to the report, "TCS works with an extensive network of partners to help transform clients' supply chains to become resilient, adaptive, and flexible." It goes on to say that "Based on TCS' thought leadership, experience with innovation ecosystems, consulting-led supply chain strategy and transformation capabilities, extended partnerships with ERP and supply chain specialist vendors, deep industry expertise, leadership in advanced analytics, IoT, and machine learning, TCS is well positioned in this space."

"TCS continues to drive a consulting-led approach that solve issues of board relevancy. That has increasingly meant incorporating resiliency into our vendor-agnostic SCM transformations. This is especially true for global organizations requiring scale to support global operations. We augment our partners' market leading innovation with services to drive large scale transformation and implementation," said Dave Jordan, Global Head, Consulting & Services Integration, TCS. "Being named a Leader by the IDC MarketScape is a recognition of our strategies, capabilities, and market impact."

TCS is helping clients respond to the global demand volatility, distribution and logistics disruptions, manufacturing interruptions, and supply variability. The company combines its consulting-led approach with emerging technology expertise to help customers operate in today's environment while thinking and building for the future. TCS' partner ecosystem, with deep go-to-market relationships and significant investments in innovation and accelerators is well placed for transforming supply chains.

TCS partners with best of breed niche players such as Blue Yonder, INFOR, QAD, Kinaxis, o9 and Ivalua, to help customers transform their supply chains and capture the value of emerging innovative solutions. TCS uses new technologies such as blockchain, IoT, autonomous enterprise solutions and intelligent bots to accelerate these transformations. Additionally, it offers multiple solutions and platforms that target requirements across industry and horizontals such as:

- TCS Dynachain™, a multi-enterprise ecosystem commerce platform for digital cognitive autonomous supply network management.

- TCS DigiFleet™, an IoT enabled SaaS that assimilates telematics and environmental data to provide real-time impactful business insights about fleet and freights. It enhances visibility and operational efficiency of the logistics on the move.

- TCS Connected Logistics, an AI and ML based IoT solution that brings real time visibility to operations and adds predictability to logistics planning and execution. It helps enterprises respond to dynamic business needs and improves customer experience by ensuring adherence to key metrics like ontime-delivery and resource utilization levels. This solution is powered by TCS Logistics optimizer and TCS DigiFleet™.

TCS provides solutions that are prescriptive, cognitive, augmented, scalable and orchestrated. TCS' solutions elevate supply chain agility and resiliency with the maturity journey - moving from connected to self-aware supply networks.

"Our vendor-agnostic SCM transformations harness TCS' global ecosystem, deep client contextual knowledge and supply chain expertise to deliver adaptive, agile, intelligent and connected supply chains for our clients," added Dave Jordan.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.3069.8 as compared to the previous close of Rs. 3050.75. The total number of shares traded during the day was 101499 in over 4064 trades.

The stock hit an intraday high of Rs. 3077 and intraday low of 3035.65. The net turnover during the day was Rs. 309635665.

1 IDC, IDC MarketScape: Worldwide Supply Chain All Other Ecosystem Services 2021 Vendor Assessment, doc #US47537220, March 2021

Source: Equity Bulls

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