Tata Consultancy Services today announced that it has been positioned by Gartner Inc in the leaders quadrant in its report - 'Magic Quadrant for Business Intelligence Services, North America, 2007'. The report evaluated 17 service providers across North America for the ability to execute and their completeness of vision.
"This report validates the feedback and appreciation that we have received from our customers in addressing their business need through BIPM solution strategy and delivery," said Dr Santosh Mohanty, global head, BIPM Practice, TCS. "The Business Intelligence and Performance Management (BIPM) practice brings the convergence of BI, EAI and KM technology to provide an agile, efficient and adaptable solution for enterprise. This convergence of services has been driven by industry demand and TCS has created a service-oriented framework 'SOLAR' to strategise and deliver the BIPM solution for the enterprise. The SOLAR framework brings the right alignment of 'Integration, Intelligence and Innovation' and 'Process, Performance and Prediction,'" he added.
According to the Gartner report, "BI and performance management projects have significant impact across an enterprise as well as at higher levels of the enterprise. Organisations seek to achieve business value from the analysis of their information with IT. The increasing investment by end-user organisations in this area is driving growth for the related consulting and systems integration (CSI) market. Gartner forecasts the market for these services to grow at a five-year compounded annual rate of 5.8 per cent worldwide and reach more than $20 billion by 2010. This is at a similar rate of growth for the total CSI market, which includes business application services, application development, infrastructure services and so on."
The Gartner report stated, "Inclusion of CSI service providers in this Magic Quadrant resulted from meeting several criteria. In particular, Gartner focused on companies offering services in North America. The criteria are designed to select CSI companies that can match the increasing complexity of BI projects that clients undertake…the market for BI consulting and integration services is a fragmented one when looking for just technology staffing services. Companies evaluated here have the capabilities not just for staffing but also for managing BI programmes."