Tata Consultancy Services Positioned in the Leaders Quadrant for Business Intelligence Services by Top Analyst Firm

Tata Consultancy Services Positioned in the Leaders Quadrant for Business Intelligence Services by Top Analyst Firm

Evaluation Based on Completeness of Vision and Ability to Execute

Tata Consultancy Services (TCS) (BSE: TCS.BO) , a leading global IT services and consulting firm, today announced that it has been positioned by Gartner, Inc. in the leaders quadrant for the ‘Magic Quadrant for Business Intelligence Services, North America, 2007′(i) report.

In the report, Gartner evaluated 17 service providers across North America on the ability to execute and completeness of vision.

“The Business Intelligence and Performance Management (BIPM) practice brings the convergence of BI, EAI and KM technology to provide an agile, efficient and adaptable solution for enterprise,” said Dr. Santosh Mohanty, Global Head, BIPM Practice, TCS. “This convergence of services has been driven by industry demand and TCS has created a service oriented framework “SOLAR”(C) to strategize and deliver the BIPM solution for the enterprise. The SOLAR framework brings the right alignment of ‘Integration, Intelligence and Innovation’ and ‘Process, Performance and Prediction’. This report validates the feedback and appreciation that we have received from our customers in addressing their business need through BIPM solution strategy and delivery.”

According to the Gartner report, “BI and performance management projects have significant impact across an enterprise as well as at higher levels of the enterprise. Organizations seek to achieve business value from the analysis of their information through the use of IT. The increasing investment by end- user organizations in this area is driving growth for the related consulting and systems integration (CSI) market. Gartner forecasts the market for these services to grow at a five-year compounded annual rate of 5.8% worldwide and reach more than $20 billion by 2010. This is at a similar rate of growth for the total CSI market, which includes business application services, application development, infrastructure services and so on.”

The Gartner report stated, “Inclusion of CSI service providers in this Magic Quadrant resulted from meeting several criteria. In particular, Gartner focused on companies offering services in North America. The criteria are designed to select CSI companies that can match the increasing complexity of BI projects that clients undertake… The market for BI consulting and integration services is a fragmented market when looking for just technology staffing services. Companies evaluated here have the capabilities not just for staffing but also to manage BI programs.”

About the Magic Quadrant

The Magic Quadrant is copyrighted March 2007 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Tata Consultancy Services (TCS)

Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery ModelTM, recognized as the benchmark of excellence in software development. A part of the Tata Group, India’s largest industrial conglomerate, TCS has over 83,000 of the world’s best trained IT consultants in 47 countries. The company generated consolidated revenues of US $2.97 billion for fiscal year ended 31 March 2006 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at http://www.tcs.com/
(i) Gartner Research “Magic Quadrant for Business Intelligence Services,
North America, 2007″ by Alex Soejarto, Bill Hostmann. March 13,
2007