Known for Technology Expertise, TCS Targets the Arena Dominated by Traditional Big Five Consulting Firms

Tata Consultancy Services, one of the world's largest and fastest growing software and IT services firms, today entered a new realm of consulting that positions the company to offer services that were traditionally being offered by Big Five consultancies. TCS' new "Strategy Consulting" practice, estimated to achieve $ 100 Million in revenues next year, will provide business and management consulting services to Fortune 1000 companies.

"For 32 years, leading companies have sought after TCS for its information technology skills," said TCS CEO S. Ramadorai at a special unveiling ceremony of top executives in New York City. "Now, we will offer our clients the complete one-stop solution for creating a high-performance business. TCS' 'Strategy Consulting' practice will offer not only IT strategy services, but also strategic alignment of IT strategies to their business strategies. TCS has evolved unique Industry specific Systems Engineering and Cybernetics methodologies for supporting this practice."

TCS plans to further hone this methodology via proposed alliances with leading business schools in the United States, such as the Kellogg Graduate School of Management at Northwestern University, Carnegie Mellon University Business School, and Wharton Business School at the University of Pennsylvania.

Over the last few years, TCS has experienced major growth and the new "strategy consulting" practice is part of the company's overall expansion strategy. In June, Consultants News magazine ranked TCS as the sixth fastest growing consulting firm in the world and the fourth fastest growing consulting firm in the United States. Further, according to the Gartner Group, TCS has one of the world's largest customer-relationship-management practices. TCS is part of the $10 billion conglomerate TATA Sons, Ltd., based in India.

"TCS has been providing end-to-end IT consulting services for its Fortune 1000 customers around the globe. We are now experiencing significant demand from our clients to involve TCS in the 'strategy consulting' arena," said Ramadorai. "Today, all businesses must use technology, and, therefore, it makes sense to include those who know technology best in the development of overall business strategy."

The worldwide "Strategy Consulting" practice will be led by Mr. R Ramanan from Bangalore, India. Mr. Pinaki Dasgupta will lead the United States' "Strategy Consulting" operations.

Services offered in this practice will include: Quality Systems Consulting; Business Process Optimization; IT Architecture; IT Enablement; and Activity Based Management.