Source Name: Tata Consultancy Services Ltd.

TCS Recognized as a Leader in Life Sciences Clinical and R&D IT by Everest Group

Report Cites TCS’ Extensive Services Portfolio, Global Delivery Footprint, Continuous Domain Investment and Delivery Capabilities Across Life Sciences ITO

Dec 17, 2015 16:54 IST

New York, United States; Mumbai, Maharashtra, India

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, has been recognized as a “Leader” in Life Sciences – Clinical and R&D IT Services Providers by leading advisory and research firm, Everest Group, in its report, “Life Sciences – Clinical and R&D IT Service Providers with PEAK Matrix™ Assessment 2015.”

Everest Group evaluated 16 ITO service providers specific to the global life sciences sector and mapped them on their ‘Performance | Experience | Ability | Knowledge (PEAK) Matrix,’ a composite index of several distinct metrics related to a provider’s capabilities and market success. 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.

TCS was recognized as an industry leader for its global scale of operations, strong business growth, buyer satisfaction, global delivery capabilities in emerging geographies, and investment in proprietary solutions and research.

“Life Sciences enterprises are reorienting business strategies to focus on their core competencies including technology enablement anddata-driven solutions. TCS’ focus on core clinical and R&D solutions, backed by broad-based information management and data services, is well positioned to serve leading life sciences clients looking to improve drug development,” said Jimit Arora, Vice President – IT Services, Everest Group.

“Life Sciences companies are constantly seeking to develop better medications at lower costs, while combatting increasing regulation and an ever changing global environment, ”said Debashis Ghosh, President– Life Sciences, Manufacturing and Energy. “TCS Life Sciences is enabling customers to re-imagine their business through industry expertise and implementation of new digital technologies. This recognition by Everest once again demonstrates our commitment to our customer base.”

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 $15.6 billion for year ended March 31, 2015 and is listed on the National Stock Exchange and Bombay Stock Exchange in India.

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