TCS, a Leader in Life Sciences Digital Services in Europe: Everest Group

Deepthi | Myequity news | Date : 08-10-2018 16:40:00 IST

Tata Consultancy Services has been named a Leader in the Everest Group PEAK Matrix™ for life Sciences Digital Services in Europe.

"In a Business 4.0™ world, life sciences companies are actively embracing emerging digital technologies across the life sciences value chain to accelerate their growth and transformation agenda," said Debashis Ghosh, President, Life Sciences and Healthcare, TCS. "Our leadership position in Europe with this report and in North America in an earlier report, validate our strong relationships with our customers, contextual knowledge of the different markets we cater to, a consistent successful record with digital use-cases and proactiveness in driving innovation using the Machine First Delivery Model (MFDM™) for our Life Sciences customers."

TCS partners with leading life sciences companies in leveraging next generation platforms and emerging technologies to drive innovation, gain speed-to-market, and drive internal efficiencies. TCS' experts in the life sciences domain work closely with solution architects to come up with innovative solutions that use a combination of user-friendly omnichannel front-end technologies, AI, IoT, Big Data analytics, cognitive computing capabilities, robotic process automation, and cloud to reimagine the life sciences value chain. The company'sextensive portfolio of intellectual property- such as the Advanced Drug Development platform, Decision FabricTM for drug safety and pharma, Connected Universe Platform, and Customer Engagement Platform - help customers achieve better speed to market and superior business outcomes.


"The European life sciences market is quite heterogeneous, with different regions and clusters exhibiting specific demand tenets. As their digital initiatives move from pilots to programs, life sciences enterprises in Europe are looking for more strategic engagements around specific themes. Service providers need to address these specific business and technology challenges, in the context of a post-GDPR world to create distinctive market impact. Leveraging its Business 4.0™ framework, TCS is able to stitch end-to-end deals, underpinned by digital technologies, to advance the modernization mandate for European life sciences organizations," said Jimit Arora, Partner, Everest Group.

"Our balanced portfolio of offerings in Life Sciences, continuous investments in intellectual property, domain expertise, contextual knowledge, and depth of digital capabilities, make us a preferred partner for life sciences customers in their Business 4.0™ journey," added Debashis Ghosh.

About Tata Consultancy Services Ltd. (TCS):

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world'slargest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, Cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development. A part of the Tata group, India's largest multinational business group, TCS has over 400,000 of the world's best-trained consultants in 46 countries.


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