NEW YORK and MUMBAI, India, July 21, 2016 /PRNewswire/ -- Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization has been recognized by Gartner, Inc. as a Leader in its "Magic Quadrant for Data Center Outsourcing and Infrastructure Utility Services, North America" report, by David Edward Ackerman, William Maurer and Christine Tenneson, July 2016.
We believe that TCS' position as a Leader is a result of the active implementation of our cognitive computing solution, ignio™, as a cloud-based SaaS model, resulting in productivity improvement in labor requirements as well as exponentially improving the business process efficiency. In addition, TCS has invested significantly in datacenter space in Canada, provided effective offerings in hybrid cloud and offered cost-effective and flexible solutions to meet clients' needs.
Gartner evaluated the abilities of 19 providers, including TCS, who deliver DCO/IUS worth more than $16 billion in annual revenue. Gartner analysts noted that providers designated as Leaders perform skillfully, have a clear vision of the market's direction, develop competencies to maintain their leadership and they shape the market rather than follow it.
"The digitization of business and the changing nature of work now demand the re-imagination of Agile Computing technologies that live up to the expectation of customers and improve their business metrics," said PR Krishnan, Senior Vice President and Global Head, IT Infrastructure Services, TCS. "Our Agile Computing Services offerings address this demand across the globe, and TCS continues to invest in technologies requiring management of the Hybrid IT ecosystem such as Cloud and neural automation, helping customers seamlessly undergo digital transformation. We are pleased to be recognized as a Leader by Gartner in their extensive assessment of the Datacenter Outsourcing and Infrastructure Utility Services Providers in the North American market."
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Tata Consultancy Services Ltd. (TCS) Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India's largest industrial conglomerate, TCS has over 362,000 of the world's best-trained consultants in 45 countries. The company generated consolidated revenues of US $16.5 billion for year ended March 31, 2016 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. For more information, visit us at www.tcs.com
To stay up-to-date on TCS news and events in North America, follow @TCS_NA. For global updates, follow follow @TCS_News.