TCS recognized as Leader in IDC MarketScape for Worldwide Cloud Professional Services

17 Jun 2022 , 02:34 PM

Tata Consultancy Services (TCS) has been named a Leader in the IDC MarketScape forWorldwide Cloud Professional Services.

The report highlights that “TCS helps enterprises envision, design, build, and sustain a cloud-led business ecosystem spanning through the entire spectrum of cloud transformation services – adoption strategy and advisory, migration coupled with modernization, and business ecosystem integration. ” It goes on to say that “TCS offers a purpose-driven,consulting-led portfolio of business and technology services on cloud, powered by its rich business contextual knowledge and a proven suite of cloud-first solutions, tools, and accelerators that drive speed to value.”

“With cloud as the unifying digital fabric, TCS helps customerstake advantage of break-through technologies, establish innovation ecosystems, and drive their vision of integrated transformation,” said Krishnan Ramanujam, Business GroupHead, Enterprise Growth Group, TCS. “We believe our positioning as a Leader is a testament to our deep contextual knowledge and strategic value engines that harness the full power of cloud with certainty to make enterprises future ready.”

TCS offers end-to-end services spanning the entire cloud journey and including cloud advisory services, application and data estate modernization and migration, cloud-based industry solutions, and managed services. Its sustained investments in research and innovation have resulted in an industry leading portfolio of frameworks, accelerators, products, and platforms that can significantly speed up customers’ cloud transformation journeys.

TCS’ application transformation services consist of:

• Consulting services: Cloud and digital maturity assessments to identify gaps and derive an actionable modernization roadmap,strategy and visioning workshops to establish the target operating model, evaluation for microservices and design thinking for UX.
• Application portfolio transformation: Helps decide whether to retain, retire, replace, or rebuild legacy applications and subsequently whether to rehost, refactor, or re-platform while migrating to the cloud. New applications are built harnessing digital technologies and business processes are analyzed to identify harmonization opportunities, which are then crafted as a bouquet of microservices, APIs and a modern UX.

TCS helps enterprises design, execute, and sustain a cloud-led business ecosystem strategy, with services and enablers such as a comprehensive Cloud Governance framework that includes key governance elements such as design authority (architecture), security, innovation, demand intake/fulfilment, change adoption and above all value management.

At around 2:44 PM, TCS was trading at Rs3,064.80 per share down by Rs77.55 or 2.47% on the BSE.