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Tata Consultancy Services a Leader and Star Performer in Life Sciences IT Application Services by Everest GroupNEW YORK and MUMBAI, India, June 19, 2017 /PRNewswire/ -- Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has been recognized as a Leader and Star Performer for Life Sciences IT Application Services by leading advisory and research firm, Everest Group, in its report, "Life Sciences – IT Application Services Providers PEAK Matrix™ Assessment 2017." Everest Group acknowledged TCS' strong foothold in the pharmaceutical and medical devices sector, and a growing business presence with biotechnology firms. The report highlights TCS' strong focus on development of next-generation solutions, incorporating Artificial Intelligence, IoT and platform-driven approaches for areas such as drug development and patient engagement. Everest Group analyzed the capabilities of 22 service providers on the Everest Group PEAK Matrix in the Global Life Sciences sector. The PEAK Matrix is a composite framework that provides an objective, data driven and comparative assessment of Life Science IT Apps Service Providers, which are then divided into three categories based on market success and delivery capability. "Life Sciences customers are embracing newer technologies and next gen platforms to meet the challenges ofhigher R&D costs, declining revenue and increasingly complex regulations," added Debashis Ghosh, President, Life Sciences, Manufacturing and Energy Business Group, TCS. "Our deep industry expertise, global scale, investments in digital solutions, and focus on platforms enables us to offer true value to our customers across the Life Sciences value chain." About TCS Life Sciences About Tata Consultancy Services Ltd. (TCS) To stay up-to-date on TCS news in North America, follow @TCS_NA. For TCS global news, follow @TCS_News.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/tata-consultancy-services-a-leader-and-star-performer-in-life-sciences-it-application-services-by-everest-group-300475856.html SOURCE Tata Consultancy Services |