TCS becomes a Leader in Gartner Magic Quadrant for Data and Analytics Service Providers

23 Feb 2022 , 01:58 PM

Tata Consultancy Services (TCS) has been recognized as a Leader in the Gartner Magic Quadrant for Data and Analytics Service Providers.

“Data is an essential asset for a purpose-driven organization to navigate the next normal. Our consulting-led approach and end-to-end advanced analytics solutions help our clients derive actionable insights to lift their business performance, enable innovation, improve customer experience, and gain competitive advantage,” said Dinanath Kholkar, Global Head, Analytics and Insights, TCS.

“We believe our position as a Leader in this report is a recognition of our strategy, deep industry knowledge, customer-centricity and the resultant market success.”

TCS follows a holistic approach to data centricity that covers the entire data value chain to drive business effectiveness. This includes simplifying the data and analytics landscape, bringing in synergy across the knowns and the unknowns in the business ecosystem, and enabling the deployment of solutions at scale. Further, its rich set of enablers that include both horizontal AI/ML accelerators and industry-specific models help organizations drive their technology landscape modernization and tap into the potential of real-time decision making.

TCS has invested in proprietary frameworks and solutions that reduce program implementation risks and accelerate speed to value:

• TCS Datom — an advisory framework to develop the right data, analytics and AI strategy aligned to the customer’s business goals. It combines TCS’ cross-industry experience, contextual knowledge and data-on-cloud strategy.
• TCS Daezmo — an end-to-end solution framework that leverages TCS’ Machine First approach to modernize the data and analytics estate across decision operations, covering EngineeringOps, DataOps and AIOps.
• TCS Decision Fabric — a state-of-the-art business solutions framework that brings together the power of AI and immersive analytics to deliver accelerated business outcomes.

TCS’ domain expertise enables it to customize data and analytics frameworks to address the business imperatives in different industry verticals. Its analytics solutions address industries like banking, financial services, and insurance, retail and consumer packaged goods, communications and media, manufacturing, and life sciences and healthcare.

Additionally, TCS has been partnering with leading enterprises in accelerating their innovation leveraging data and analytics. This has been made possible by sustained investments in research and innovation, intellectual property and strong partnerships with technology providers, academia, and startups through its Co-Innovation Network (COIN).

At around 1:59 PM, TCS was trading at Rs3,575.20 apiece down by Rs11.45 or 0.32% on Sensex.