April 12, 2018

TCS recognised as 'Star Performer of the Year' for healthcare and life sciences by Everest Group

New York | Mumbai: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, has been recognised as the ‘Star Performer of the Year 2018’ for healthcare and life sciences category in the Everest Group PEAK Matrix ‘Service Provider of the Year™ 2018’ awards.

The Everest Group PEAK Matrix Service Provider of the Year awards recognise consistent top performers across IT services PEAK Matrix™ assessments. Everest Group published 24 PEAK Matrix™ IT services assessments featuring 67 service providers across all evaluations.

While there are service providers that feature as ‘Star Performers’, ‘Leaders’, ‘Major Contenders’, or ‘Aspirants’ on individual evaluation categories, the PEAK Matrix ‘Service Provider of the Year’ awards help to identify the best of the best service providers. The ‘Star Performer of the Year’ is awarded to the service provider most often earning ‘Star Performer’ designations across all PEAK Matrix evaluations, and within specific evaluation categories.

Debashis Ghosh, president, life sciences, healthcare, energy & resources and public services, TCS, said, “Healthcare and Life Sciences customers are looking to embrace newer technologies and next-gen platforms for successfully adopting Business 4.0. With solutions empowered by artificial intelligence and digital technologies, TCS is enabling customers to accelerate drug development, enhance member experience and drive patient centric care. We are proud to partner with our customers on their growth and transformation journey. The ‘Star Performer of the Year 2018’ award by Everest Group is a reflection of our ability to consistently make advancements in next-gen proprietary solutions, domain expertise and radical technological breakthroughs, catering to specific needs of our customers across the healthcare and life sciences value chain.”

TCS offers this sector a full set of services spanning consulting, cognitive business operations and digital transformation services, as well as platform solutions to its customers. In recent years, there has been significant demand from Healthcare and Life Sciences companies for TCS’ Industry Cloud Solution – such as the Advanced Drug Development Suite – to help them become more agile, accelerate drug discovery, improved patient experience and accentuate manufacturing productivity.

Jimit Arora, partner, Everest Group, said, “As digital adoption moves from pilots to programmes, healthcare and life sciences, or HLS, enterprises are looking for service partners that can deliver modernisation, patient experience, and transformation at scale and speed. Strong focus on execution excellence, value chain domain strengths, expanding client relationships, and digital talent investments, helped TCS be recognised as the HLS ‘Star Performer of the Year’ and improve its positioning on the PEAK Matrix Service Provider of the Year.”

TCS’ robust solutions use a combination of artificial intelligence, cognitive computing capabilities, robotic process automation and cloud to fully digitise drug development process, enable value based care and improve productivity with enhanced business value.

Mr Ghosh added, “Our continuous investment in innovative solutions and development of next-gen platforms strongly positions us to create exponential value to our customers and lead in the marketplace.”