TCS a Leader in Enterprise Blockchain Services: Everest Group

20 Jan 2022 , 09:54 AM

Tata Consultancy Services Ltd. (TCS) announced its recognition as a leader in the Everest Group PEAK Matrix for Enterprise Blockchain Services. Reports underline that the company is involved in continuously developing a vast array of intellectual property and tools for enterprises to adopt blockchain.

It further mentioned that the company’s upright approach coupled with its flagship products such as Quartz, contribute to the development of accelerators for many use cases. TCS demonstrates thought maturity through the propagation of innovative technology and concepts in its market-facing exceptionally curated assets.

“The thrill of blockchain Proof of Concept launches and the debate on moving away from PoC to production has radically subsided in the last 18 months, as the industry made significant developments on pragmatic blockchain use cases focused on company’s potential to generate immediate value,” commented Ronak Doshi, Partner, Everest Group.

As per the report, the client applauds TCS for its in-depth technical expertise and capabilities across a wide variety of platforms as well as its notable ability to tightly integrate blockchain applications with other parts of the software landscapes.

Through its blockchain smart solutions suite, comprehensive portfolio of tools and accelerators, and services, through a consulting-led, integrated framework, TCS creates a distinctive value proposition for its customers. This will entail customers with a 360-degree view of their blockchain adoption journey.

R Vivekanand, Global Head, Quartz, TCS commenting on the company’s growth credited its leadership position to a strong vision, investments in innovation and developing intellectual property, strong partner network, expertise across a variety of blockchain technologies and the resultant market success,” said R Vivekanand, Global Head, Quartz, TCS.

Tata Consultancy Services Ltd is currently trading at Rs3,881.70 down by Rs34.1 or 0.87% from its previous closing of Rs3,915.80 on the BSE.