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 Enterprise Quality Assurance (QA) Services.
The report cites TCS' strong suite of tools armed with domain-specific solutions in high-growth industries such as BFSI and healthcare and testing of next-generation technologies such as distributed ledger and immersive technologies as key strengths. It goes on to say that TCS' huge investments in the QE transformation journey through thought leadership and talent development are well received by enterprises across the globe. According to the report, clients consider TCS to be a trusted strategic partner with its proactive approach toward innovation and cooperation.
"Our focus on innovation and transformation, deep contextual knowledge and domain expertise, backed by our rich portfolio of QA offerings across next-gen technologies and verticals, enable us to drive firsttime-right quality at speed, accelerating our customers' transformation journeys," said Prabhakar Karamsetty, Global Head, Quality Engineering and Transformation (QET), TCS. "We believe our positioning as a Leader in this report is a testament to our efforts in building holistic and differentiated capabilities in the QA space, including a pioneering platform-based approach to QA, pervasive AI driven QA accelerators, and flexible and outcome-driven engagement models."
TCS' QET practice offers end-to-end QA consulting, transformation, and execution, to holistically address enterprises' QA needs. TCS was the first service provider in the industry to launch AI-driven testing and today focuses on pervasively embedding AI across QA services and accelerators.
It has established a unique Transformation Office, with a specific set of QA transformation offerings in order to continually transform the quality landscape of its clientele. Additionally, TCS offers a cataloguebased pricing model that gives customers flexibility to avail QA services tailored to their needs.
TCS investments in research and innovation have resulted in platforms that significantly accelerate the assurance process. Its Cloud Assurance Platform and Big Data Assurance Platform enable assurance in cloud transformation programs. TCS also launched 'One Automation Ecosystem', a technology agnostic, intelligent and integrated platform for Enterprise Test Automation. TCS' SmartQE platform has been instrumental in enabling AI led-testing across the quality value chain with capabilities to validate AI systems.
"In a digital-first world, achieving a quality software product in an accelerated manner is a critical success factor, pushing enterprises to make QA-focused investments," said Ankit Gupta, Practice Director, Everest Group. "TCS' offering portfolio, including industry-specific solution, and customer-centric approach, has helped position it as a Leader in the Enterprise QA Services PEAK Matrix® Assessment 2022. TCS has also invested in fostering strategic partnerships and upskilling talent to cater to next-generation QE demands."
Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3484.35 as compared to the previous close of Rs. 3504.50. The total number of shares traded during the day was 53691 in over 3191 trades.
The stock hit an intraday high of Rs. 3519.40 and intraday low of 3481.35. The net turnover during the day was Rs. 187398358.00.