Forrester cites TCS as a leader in its North American applications outsourcing report
March 26, 2007

Tata Consultancy Services (TCS) today announced that Forrester, an independent research firm, cited TCS as a leader in its March 26, 2007 report titled "The Forrester Wave: North American Applications Outsourcing, Q1 2007".

Forrester analysed thirteen service providers across 50 criteria. The criteria were grouped into three categories of current offering, strategy, and market presence. All service providers have a mixture of application management and maintenance / support services and are viewed as a prominent provider by Forrester clients. In this evaluation, TCS was positioned in the report as a leader.

The report further states: "TCS is the largest, oldest, and most geographically diverse of the leading offshore Indian providers, and it is a leader among competitors in the applications outsourcing market. It has broad capabilities without any apparent weaknesses. TCS is particularly notable for strong price competitiveness, strong processes, and highly flexible contract terms."

N Chandrasekaran, EVP, global sales and operations, TCS, said: "We are very pleased to have scored the highest of all thirteen service providers in terms of 'market presence' as well as the second highest score in the 'corporate strategy' category. Our application development and maintenance services account for over 50 per cent of our global revenues which were more than $3 billion at the close of our third quarter on December 31, 2006. The commitment we have of providing the best services to our customers is demonstrated by the fact that over 90 per cent of our business comes from repeat customers. We believe this report further reflects the certainty that our customers experience in our global ability to consistently exceed their expectations."