Tech

Engineering Services: TCS ranked as the top engineering services provider of the year by Everest Group

Tata Consultancy Services has been rated as the number one Engineering Service Provider of the Year by Everest Group in 2023. TCS has received this recognition for the second year in a row. Moreover, TCS has improved its ranking and climbed to number four in the Everest Group Engineering Services Top 10 for 2023, up from number nine in the 2022 report.
This recognition is based on TCS’s consistent top performance and leadership position across all five engineering services assessments – Industry 4.0, Digital Twins, Connected Medical Devices, Software Products, and Digital Products.
TCS is well-equipped to provide end-to-end services in Industry 4.0, ranging from consulting and design to managed services and client support. TCS’ investment in strategic partnerships, innovation labs, and emerging technologies has been a strength. The Digital Twins Services assessment highlights TCS’ robust digital twin-specific solutions, emphasizing incorporating explainable AI. The Connected Medical Devices report identifies TCS’ robust Intellectual Property (IP) portfolio, extensive domain expertise, and willingness to co-innovate with clients as its key distinguishing factors.
As per the assessment of Software Product Engineering, TCS has been recognized for its ability to drive complex digital transformation projects, its investments in innovation, and its strong partnership ecosystem. The Digital Product Engineering assessment has further highlighted TCS’s investments in forming strategic partnerships spanning embedded, hardware, software, and electronics, establishing labs across telematics, infotainment systems, and connected vehicles. TCS has also developed IP and solutions around cybersecurity, AR/VR, video analytics, and IoT.
“Customers across industries are transforming their products into software-driven, AI-enabled intelligent products and driving their servitization journey. TCS helps its customers to launch sustainable, autonomous, and software driven intelligent products at speed, leveraging its expertise in digital engineering, connected IoT solutions, innovation labs, deep domain knowledge across industries, and customer centric approach,” said Regu Ayyaswamy, Global Head, Internet of Things & Digital Engineering, TCS. “This number one position is a reflection of our market success in combining state-of-the-art technologies with engineering services to make enterprises future ready.”
TCS offers end-to-end engineering services leveraging its proprietary solutions and partner ecosystem, covering the entire product lifecycle. It provides innovative solutions such as TCS Neural Manufacturing, TCS InTwin, and TCS Clever Energy, which reduce energy consumption, decrease carbon emissions, and save costs. It also offers medical device engineering, 5G engineering, and software product engineering services.
Akshat Vaid, Partner, Everest Group, said, “TCS offers comprehensive portfolio of engineering services across multiple domains including software products, digital products, digital twins, industry 4.0, and connected medical devices as observed through our PEAK Matrix assessments conducted in CY’22. Their investments towards establishing labs across telematics, infotainment systems and connected vehicles, and developing IP and solutions around cybersecurity, AR/VR has helped them in delivering complex transformation projects at scale. They have been able to showcase industry leading competence in cloud, embedded and network engineering and, are acknowledged by clients for flexibility in pricing and adapting to business needs.”

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