Source Name: Tata Consultancy Services Ltd.

TCS Recognized as a Leader in Magic Quadrant for Oracle Application Management Services, Worldwide by Gartner, for Fourth Consecutive Year

Evaluation Based on Completeness of Vision and Ability to Execute

Oct 28, 2015 12:00 IST

Mumbai, Maharashtra, India

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, today announced that it has been recognized by Gartner, Inc. as a ‘Leader’ in its ‘Magic Quadrant for Oracle Application Management Services, Worldwide’ report, by Frances Karamouzis, Gilbert van der Heiden, and Kris Doering, September 30, 2015.

Gartner analysts note that providers designated as Leaders “are performing well today, gaining traction and mind share in the market. They have a clear vision of the market's direction and are actively building competencies to sustain their leadership position in the market.” Gartner evaluated 17 service providers, including TCS, on their ability to execute and completeness of vision.

“We believe TCS' position in the Leaders Quadrant for the fourth year in a row reflects our deep industry-specific expertise and the great value we deliver every day to clients who rely on our implementation service offerings for the design, development, integration, and deployment of processes and functions within an enterprise,” said Sunder Singh, Global Head, Oracle Practice, for TCS.

As an alliance partner with Oracle globally, TCS has more than 20,000 consultants around the world who help clients achieve their business goals with Oracle solutions. TCS has been a partner with Oracle for more than 25 years and is a Diamond level member in Oracle’s PartnerNetwork (OPN) – the highest level available. TCS has made significant investments over the past year to deliver work around cloud, AMS reimagined and digital forces in alignment with Oracle's product strategy. One example is the provisioning of a cloud environment to develop solutions in Oracle PaaS as well as the development of SaaS extensions.

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 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. For more information, visit us at www.tcs.com.