Friday 24 June 2011

TCS is recognized for its large banking applications outsourcing relationships

Tata Consultancy Services (TCS), (BSE: 523540, NSE: TCS), a leading IT services, consulting and business solutions firm, today announced that Everest Group, an advisory and research firm on global services, has recognized TCS as a leader in large banking applications outsourcing relationships in its June, 2011 report.

The Everest Group evaluated leading global IT vendors servicing large (>US$25 million), multi-year (>3 years) applications outsourcing engagements specific to the banking sector in terms of delivery capability and market success. The evaluation was based on the five key dimensions of the group’s proprietary PEAK Matrix: market success, scale, scope, domain investments and delivery footprint. On an aggregate basis, TCS received the highest scores out of all the service providers in the analysis across both market success and delivery capability.


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TCS is recognized for its large banking applications outsourcing relationships