For the second consecutive year, Tata Consultancy Services (TCS) has secured the top spot as the Engineering Service Provider of the Year, as recognized by Everest Group in 2023. TCS has notably ascended in the rankings, moving from ninth place in 2022 to fourth place in the Everest Group Engineering Services Top 10 for 2023. This accomplishment stems from TCS’s consistently strong performance and leadership in all five engineering services evaluations: Industry 4.0, Digital Twins, Connected Medical Devices, Software Products, and Digital Products.
TCS stands out as an all-encompassing Industry 4.0 service provider, offering services ranging from consulting and design to managed services and client support. The company’s investments in strategic partnerships, innovation labs, and emerging technologies have significantly contributed to this achievement. In Digital Twins Services, TCS showcases its robust digital twin solutions, emphasizing the integration of explainable AI. In the Connected Medical Devices evaluation, the company’s vast Intellectual Property (IP) portfolio, extensive domain expertise, and its collaborative approach to innovation with clients are key distinguishing factors.
TCS also earned accolades for its prowess in Software Product Engineering, renowned for its ability to drive intricate digital transformation projects, investments in innovation, and the strength of its partnership ecosystem. In the Digital Product Engineering assessment, TCS’s efforts in establishing strategic partnerships across various domains, including embedded, hardware, software, and electronics, and setting up labs for telematics, infotainment systems, and connected vehicles were recognized. TCS has also developed innovative IP and solutions spanning cybersecurity, AR/VR, video analytics, and IoT.
Regu Ayyaswamy, Global Head of Internet of Things & Digital Engineering at TCS, emphasized that the company helps clients transform their products into AI-driven intelligent offerings. TCS is well-equipped to assist enterprises in launching sustainable, autonomous, and software-driven intelligent products swiftly, leveraging its expertise in digital engineering, connected IoT solutions, innovation labs, deep industry-specific knowledge, and customer-centric approach.
TCS offers comprehensive end-to-end engineering services, utilizing its proprietary solutions and partner ecosystem to address the entire product lifecycle. The company delivers innovative solutions such as TCS Neural Manufacturing, TCS InTwin, and TCS Clever Energy, which focus on reducing energy consumption, cutting carbon emissions, and saving costs. Their service portfolio includes medical device engineering, 5G engineering, and software product engineering services.
According to Akshat Vaid, Partner at Everest Group, TCS offers a comprehensive range of engineering services across multiple domains, including software products, digital products, digital twins, Industry 4.0, and connected medical devices. The company’s investments in establishing labs across various fields and the development of IP and solutions have facilitated the execution of large-scale transformation projects. TCS has also showcased industry-leading competence in cloud, embedded, and network engineering, along with a flexible approach to pricing and adapting to clients’ business needs.
