TCS named leader in AWS Services in the US by ISG; Stock trades flat

25 Jan 2022 , 10:46 AM

Tata Consultancy Services (TCS) has been recognized as a Leader in the ISG Provider Lens AWS Ecosystem Partners report for the US across Managed Services, SAP Workloads, Internet of Things, Migration Services, and Consulting Services.

According to the report, TCS’ strength lies in its innovative approach, strategic value enablement, and it’s Business 4.0â„¢ capabilities combined with its technology offerings. It goes on to say that TCS’ ability to manage large-scale complex AWS migrations and 360-degree cloud consulting services have demonstrated a significant impact both on strategic and operational outcomes of clients.

“TCS leverages its deep contextual knowledge, comprehensive portfolio of industry solutions, and investments in innovation to help customers leverage new scalable business models and drive their multi-horizon transformation journeys on AWS,” said Krishna Mohan, Global Head, AWS Business Unit, TCS.

“This Leadership position in the US is a reflection of our vision complemented by our strategic investments across a broad set of offerings on AWS Cloud.”

The company said in a filing that TCS’ AWS Business Unit is a full-stack, multidisciplinary business unit that offers global enterprise customers customised end-to-end services and solutions around cloud migration, application and data modernisation, managed services, and industry-specific innovation leveraging the AWS cloud. TCS is an AWS Premier Consulting Partner, AWS Public Sector Partner, AWS Solution Provider Partner and AWS Public Sector Solution Provider.

TCS’ large pool of AWS cloud-ready professionals leverages their domain knowledge and AWS technology building blocks to create transformational solutions contextualised to specific industry sub-verticals.

Furthermore, TCS’ rich portfolio of leading-edge, industry-centric products like the TCS BaNCS suite in financial services, TCS Optumera in retail, TCS HOBSâ„¢ in telecom, TCS ADDâ„¢ in life sciences, TCS Aviana in airlines and Water Cloud in utilities is available on AWS, driving synergies across the enterprise value chain and impacting every stakeholder.

At around 10.50 am, Tata Consultancy Services Ltd was trading at Rs3,785 per share up by Rs13.5 or 0.36% from its previous closing of Rs3,771.50 per share on the BSE.