Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, today announced it has been designated as a Leader in Business Analytics (BA) BPO Services by the prominent global market intelligence firm, IDC, in their report titled, “IDC MarketScape: Worldwide Business Analytics BPO Services 2014 Vendor Assessment.”(Doc # 249299), published in June 2014.
The report highlights TCS’ full service offerings in the business analytics space, providing solutions throughout the value chain, from data management to descriptive, predictive and prescriptive analytics across multiple industries. IDC also highlighted the strength of TCS' portfolio of technology-enabled analytics that addresses business challenges across sales and marketing, risk, supply chain operations, financial performance, and more.
IDC MarketScape criteria selection, weightings and vendor scores represent well-researched IDC judgment about the market and specific vendors. The research includes analysis of 13 leading BA BPO service providers with broad portfolios on a global scale that span IDC’s services research coverage.
The report states that “TCS empowers businesses with analytics and insights to support strategic decision making. With its team of skilled research and analytics resources, portfolio of patent-pending analytical models, Big Data hardware and software systems, and analytics platform deployed on the cloud, TCS creates value for its customers.”
“IDC’s recognition of TCS is a testament toward the innovative analytics and insights we deliver to our customers,” said Abid Ali Neemuchwala, Global Head, TCS BPS Services. “Our data scientists, industry domain experts, Big Data and Business Intelligence experience, and analytics technology platforms and solutions, have helped our global customers increase their business agility and market responsiveness.”
Extracting valuable insights and return-on-investment from analystics is top of mind when deploying Big Data and Business Intelligence technologies. Enterprises globally are focused on leveraging data analytics to improve customer experience and financial performance, overcome competitive pressure and meet regulatory requirements. TCS’ analytics shared services and ‘centers of excellence’ address these requirements, allowing customers across the world to achieve strategic business goals.
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