Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been positioned as a Leader in Everest Group's PEAK Matrix® for Global Oracle Cloud Applications (OCA) services.
The research presented an assessment of 15 service providers, with Leaders characterized by their ability to successfully execute complex, multi-continent, multi-product, end-to-end OCA services, underpinned by their strong global delivery network.
According to the report, TCS is a good fit for enterprises seeking complex implementation and managed services for OCA. Cited as strengths were its investments in TCS' Pace Port™ co-innovation and advanced research centers, partner ecosystem and tools, solutions, frameworks, and accelerators, such as TCS Crystallus™, OSAT+, and DataSure, that expedite time-to-market for its clients.
TCS has been rated high on the talent parameter for its investments in upskilling and cross-skilling initiatives in building quality talent for OCA. The report also said that clients appreciate its domain expertise, project management capabilities, and engagement flexibility.
"TCS is helping global enterprises build a cloud-based digital core that is flexible, resilient, and adaptable for better-informed decision-making using Oracle Cloud applications," said Akhilesh Tiwari, Global Head, Enterprise Application Services, TCS. "Our leadership position in this report is a reflection of our commitment towards helping enterprises drive business value from their transformation initiatives."
With over three decades of relationship built on a powerful framework for joint innovation and delivery, TCS and Oracle have been helping clients to apply innovation so they can anticipate and prepare for their next wave of technology disruption. TCS offers an integrated consulting framework to enable organizations to embrace a future-ready foundation by providing design thinking capabilities, comprehensive change management, next-generation innovation and differentiated industry best practices and continuous improvement.
TCS assures delivery excellence with TCS Crystallus on Oracle Cloud, a preconfigured Oracle Cloud environment, with industry best practices aligned to APQC and SCOR benchmarks along with integrated tools and accelerators for all phases of a program for various industries.
"Riding on the early mover advantage, Oracle has shown strong growth in the cloud ERP market. System integrators are playing a vital role in helping enterprises effectively adopt and derive transformational business value from the full stack of Oracle offerings." said Yugal Joshi, Partner, Everest Group. "TCS has built a set of tools/frameworks and accelerators that expedite time-to-market for its clients. Clients have appreciated TCS' project management capabilities, domain expertise, and engagement flexibility. As a result, TCS has been positioned as a Leader on Everest Group's Oracle Cloud Applications (OCA) Services Peak Matrix® Assessment 2022 - Global."
Shares of Tata Consultancy Services Limited was last trading in BSE at Rs. 3700.95 as compared to the previous close of Rs. 3625.25. The total number of shares traded during the day was 50288 in over 4772 trades.
The stock hit an intraday high of Rs. 3712.00 and intraday low of 3625.50. The net turnover during the day was Rs. 184303734.00.