Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organisation, announced that it has been recognised as a “Leader” and “Star Performer” in Life Sciences Outsourcing by leading consulting and research firm, Everest Group, in its report, “IT Outsourcing in European Life Sciences Industry Service Provider Landscape with PEAK Matrix™ Assessment 2015.”

 

Everest Group recognised TCS for the company’s deal success globally, its further consolidation of operations in emerging geographies, strong growth on a large base, and its ability to sustain an extensive delivery network across North America, Europe, APAC, MEA and Latin America while continuously investing in proprietary solutions and research.

 

Everest Group


Everest Group evaluated 15 ITO service providers specific to the global life sciences sector and mapped them on its ‘Performance | Experience | Ability | Knowledge (PEAK) Matrix,’ a composite index of several distinct metrics related to a provider’s capabilities and market success. In addition to the classifications of Leaders, Major Contenders, and Aspirants, the PEAK Matrix also designates eligible service providers with Star Performers status, based on the service providers’ relative year-on-year movement on the Everest Group PEAK Matrix. Everest Group also profiled the capabilities of these leading service providers in detail, including a comprehensive picture of their service scope, scale of operations, domain investments, delivery footprints, and market success.

 

“Europe presents a unique opportunity in Life Sciences given the significant catchment area as well as differential challenges and requirements for various regional clusters, unlike North America which is a largely monolithic buyer geography. TCS has managed to continually extend its broader capabilities in the European market, with a strong focus on adopting a value-chain view to technology solutions,” said Jimit Arora, Vice President - IT Services, Everest Group.

 

Debashis Ghosh, President - Life Sciences, Manufacturing and Energy, TCS commented, “The Life Sciences industry is currently experiencing significant change, as businesses and organisations look to adapt to the transformative effect of digital technologies such as Big Data, Cloud, Social, Mobile Computing and Artificial Intelligence. At TCS, we pride ourselves on being at the forefront of these changes across geographies  and  we are delighed to be recognised as Leader and Star Performer in Life Sciences ITO in the European market by Everest Group. We look forward to building on this success by continuing to invest in the digital innovation and skills that our clients need to thrive in the long-term.”

 

About TCS Life Sciences

TCS Life Sciences provides top global Life Sciences organizations full service offerings in IT, Consulting, KPO, Infrastructure and Engineering Services, as well as Mobility, Big Data, Analytics and Cloud. TCS’ rich industry experience, domain expertise and global footprint allows for a seamless partnership with its Life Sciences customers to help them advance clinical trial efficiencies, accelerate drug discovery, accentuate manufacturing productivity and amplify sales and marketing effectiveness. In addition, TCS has a dedicated Life Sciences Innovation Lab which ensures that its customers have the tools and innovative solutions they need to solve complex business challenges. 

 

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 335,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $15.5 billion for year ended March 31, 2015 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. 

TCS media contacts:

Global

Email: pradipta.bagchi@tcs.com

Phone: +91 22 6778 9999

 

Europe / UK

Email: abhinav.kumar@tcs.com | ashish.babu@tcs.com

Phone: +32 2282 1927 | +44 078 418 92227

 

India

Email: h.ramachandra@tcs.com | shamala.p@tcs.com

Phone: +91 22 6778 9078 | +91 22 6778 9081

 

USA / Canada

Email: b.trounson@tcs.com

Phone: +1 646 313 4594

 

AsiaPacific
Email: sean.davidson@tcs.com

Phone: +65 9139 3668

 

Australia and New Zealand

Email: alex.goldrick@tcs.com

Phone: +61 (2) 8456 2800

 

Latin America        

Email: martin.karich@tcs.com                                                                                                                                                        

Phone: +5255 9157 8282

 

Nordics

Email: jirimiko.oranen@tcs.com

Phone : +358 40 756 6655

 

Japan

Email: douglas.foote@tcs.com

Phone: +81 080-2115-0989

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