India’s leading global IT services and consulting company Tata Consultancy Services (TCS) has been positioned as a ‘Global Leader’ in the Zinnov Report for Engineering R&D Services. TCS has secured this honour for the eighth consecutive year.
The report recognised TCS’ leadership in engineering services in industries such as aerospace, automotive industrial, medical devices, semiconductor, telecommunication, enterprise software (including platform engineering and cybersecurity), and media and entertainment (including Over the Top and Content monetisation) industries. TCS was also positioned as a Global Leader in services such as digital engineering, AI engineering, advanced driver-assistance systems, telematics, digital thread and contactless retail.
Regu Ayyaswamy, Global Head, IoT and Engineering and Industrial Services, TCS, said: “Enterprises are adopting edge computing and AI at the device level to make products smarter and more connected. These intelligent technologies enable insight-based decisions at the device level, making them self-aware systems.
“This leadership positioning is a recognition of our ahead-of-times technology investments and ability to help customers quickly adapt to the changing business needs during the new normal.”
TCS offers a comprehensive portfolio of engineering services that cover the entire product lifecycle and help customers become connected digital enterprises. It is also continuously investing in innovation around industrial use cases leveraging digital technologies like IoT, analytics, and robotics. It combines traditional product and software engineering with digital solutions, enabling customers to transform their operations and focus on new product design, newer ways of service delivery and better customer experiences.
Proprietary engineering solutions include TCS NeuSpeed, a hardware solution framework to improve the performance of AI applications at the Edge layer to meet real time high-speed requirements; Retail Digital Store Operations Framework, which enables retailers to manage the end-to-end store lifecycle using a seamless data-driven approach and leveraging Digital Store Twins, IoT, AR / VR and analytics, and TCS Gen-4 workAR, which is an IoT and mixed reality connected worker solution that provides real-time contextual information for better decision support.
“TCS has consistently been recognised as a leader for global engineering R&D services by Zinnov. The firm’s focus on transforming products, plants, and services through its TCS connected digital enterprise solutions approach has translated to a strong leadership positioning for digital engineering services as well,” said Sidhant Rastogi, Managing Partner, Zinnov.
“In addition to having a significant presence in manufacturing-led verticals (aerospace, automotive, industrial, etc.), the firm’s penetration in hi-tech and services-led verticals such as healthcare and retail for digital engineering services poise it to garner greater wallet share in the near future.”
A part of the Tata group, India’s largest multinational business group, TCS has over 488,000 employees in 46 countries and generated consolidated revenues of USD 22.2 billion in the fiscal year ended March 31, 2021.
