TCS ranked among Among Top 2 IoT Service Providers by HFS Research

27 Jan 2022 , 12:47 PM

Tata Consultancy Services (TCS) Limited has announced that the company has been ranked number 2 overall for Internet of Things (IoT) services by HFS Research. The assessment was of 15 companies and TCS positioned number 1 for OneOffice Alignment and number 2 for Innovation and Voice of the Customer.

TCS is assisting customers to harness the power of IoT for accelerating innovation, to offer extensive customer experience, to develop new business models, and to drive the overall transformation and growth of the businesses,” commented Regu Ayyaswamy, Global Head, Internet of Things & Digital Engineering, TCS. He further added, “this ranking is an evidence of companies’ IoT strategy, broad capabilities, consulting-led approach, and the resultant market success.”

TCS offers a comprehensive portfolio of IoT services spanning strategy and consulting services, technical and business integration services, post-deployment managed services, and implementation. These services cater to organizations’ needs and create new, boundaryless, and pervasive business models, enhanced safety at the workplace, seamless customer experience, and optimized and responsive value chains.

“TCS is the leading IoT services landscape with its noticeable vision, solutions portfolio, and Machine First Delivery Model. TCS’s robust industry capability and experienced resources have enabled enterprises to achieve the desired business outcomes,” stated Tanmoy Mondal, Practice Leader, HFS Research. 

TCS has developed a rich set of industry-specific IoT solutions with self-aware and predictive systems that utilize Artificial Intelligence (AI) and machine learning to understand and mitigate physical changes in the environment. These include TCS Clever Energy, TCS DigitFleet, and TCS IP2.

TCS is currently trading at Rs3,633 down by Rs137.1 or 3.64% from its previous closing of Rs3,770.10 on the BSE. The scrip opened at Rs3,740 and has touched an intraday high and low of Rs3,740 and Rs3,630.30 respectively.