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    TCS   INE467B01029

TATA CONSULTANCY SERVICES LTD.

(TCS)
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Tata Consultancy Services : TCS Named a Leader in AWS Services in the US by ISG

01/24/2022 | 06:04am EDT

Tata Consultancy Services' Innovation-Driven Approach, Secure & Scalable Solutions, and Broad Spectrum of AWS Consulting Services, Cited as Key Strengths

NEW YORK | MUMBAI, January 24, 2022: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been recognized as a Leader in the ISG Provider Lens™ AWS Ecosystem Partners report for the US across Managed Services, SAP Workloads, Internet of Things, Migration Services and Consulting Services.

According to the report, TCS' strength lies in its innovation approach, strategic value enablement and its Business 4.0™ capabilities combined with its technology offerings. It goes on to say that TCS' ability to manage large-scale complex AWS migrations and 360-degree cloud consulting services have demonstrated significant impact both on strategic and operational outcomes of clients.

"TCS leverages its deep contextual knowledge, comprehensive portfolio of industry solutions, and investments in innovation to help customers leverage new scalable business models and drive their multi-horizon transformation journeys on AWS," said Krishna Mohan, Global Head, AWS Business Unit, TCS. "This Leadership position in the US is a reflection of our vision complemented by our strategic investments across a broad set of offerings on AWS Cloud."

TCS' AWS Business Unit is a full-stack, multidisciplinary business unit that offers global enterprise customers customised end-to-end services and solutions around cloud migration, application and data modernisation, managed services, and industry-specific innovation leveraging the AWS cloud. TCS is an AWS Premier Consulting Partner, AWS Public Sector Partner, AWS Solution Provider Partner and AWS Public Sector Solution Provider.

TCS' large pool of AWS cloud-ready professionals leverage their domain knowledge and AWS technology building blocks to create transformational solutions contextualised to specific industry sub-verticals. Furthermore, TCS' rich portfolio of leading-edge, industry-centric products like the TCS BaNCS™ suite in financial services, TCS Optumera™ in retail, TCS HOBS™ in telecom, TCS ADD™ in life sciences, TCS Aviana in airlines and Water Cloud in utilities is available on AWS, driving synergies across the enterprise value chain and impacting every stakeholder.

At the recently concluded AWS re:Invent, TCS launched its Assessment and Migration Factory, a set of proprietary tools, accelerators, and services that enable customers to accelerate the migration of their on-premise mainframe workloads to the new AWS Mainframe Modernization platform.

"TCS AWS services cover the broadest spectrum of cloud technologies with a 360-degree view, integrating deep services knowledge and new technology competencies. This consulting-led, business-first approach to cloud adoption enables large and complex client tech landscapes resembling a spaghetti of legacy and hybrid infra and apps stacks, to take a giant leap to cloud, in a cost-effective as well as risk-managed and governance-assured manner," Tapti Bandopadhyay, Principal Analyst, ISG Research.

TCS was recently named the AWS 2021 Rising Star Partner of the Year (Global System Integrator) in the US. TCS' decade-long strategic partnership with AWS enables it to provide a holistic cloud experience and clear value path to enterprises, delivering full-stack enterprise transformation to the cloud.

About Tata Consultancy Services (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 556,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $22.2 billion in the fiscal year ended March 31, 2021 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com.

TCS Media Contacts

Asia Pacific

Email: wenjian.lin@tcs.com

Phone: +65 9695 9948

Australia and New Zealand

Email: kelly.ryan@tcs.com

Phone: +61 422 989 682

Canada

Email: Tiffany.fisher@tcs.com

Phone: +1 416-456-7650

Europe

Email: joost.galema@tcs.com

Phone: +31 615 903387

India

Email: saxena.kritika@tcs.com

Phone: +91 22 6778 9999

Email: vanshika.sood@tcs.com

Phone: +91 22 67789098

Middle East & Africa

Email: s.hasneen@tcs.com

Phone: +00971567471988

Japan

Email: douglas.foote@tcs.com

Phone: +81 80 2115 0989

Latin America

Email: martin.karich@tcs.com

Phone: +569 6170 9013

UK

Email: peter.devery@tcs.com

Phone: +44 20 3155 2421

USA

Email: william.thomas@tcs.com

Phone: +1 203 984 3978

Disclaimer

TCS - Tata Consultancy Services Ltd. published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 11:03:10 UTC.


© Publicnow 2022
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Sales 2023 2 191 B 28 156 M 28 156 M
Net income 2023 436 B 5 599 M 5 599 M
Net cash 2023 456 B 5 855 M 5 855 M
P/E ratio 2023 27,8x
Yield 2023 2,65%
Capitalization 12 049 B 155 B 155 B
EV / Sales 2023 5,29x
EV / Sales 2024 4,68x
Nbr of Employees 592 195
Free-Float 28,8%
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Number of Analysts 41
Last Close Price 3 293,00 INR
Average target price 3 991,61 INR
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