January 22, 2020 - Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that its IoT solutions have won two awards at the Emerging Digital Technologies Awards 2019 organized by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
The awards recognize outstanding applications and deployment of emerging digital technologies such as AI, IoT, blockchain, and robotics for business and governance transformation in India. TCS was named the winner in the category ‘Most Innovative Use of Emerging Digital Technology – IoT’ for its Remote Monitoring and Predictive Maintenance solution. The solution has helped equipment manufacturers in India improve asset availability and operational efficiency, enhance customer experience, and offer more value to customers in product operations, maintenance and services.
TCS also won the ‘Intelligent Enterprise Award for Most Innovative Application – Developed for Government’, for leveraging its IoT- and AI-powered fleet management solution, TCS DigiFleet™, to transform public transportation in India. The SaaS solution uses GPS, telematics and mobile (GSM/GPRS) technologies to provide fleet operators with real time visibility and actionable insights on assets, on-the-move, enabling data-driven route planning and work assignment. It also provides a superior commuter experience by enabling accurate live tracking, shorter wait times and instant SOS alerts for the safety of women.
“Our IoT solutions are built based on our IoT business framework Bringing Life to Things™ that combines physical context with digital intelligence to unlock business value at every stage, for every stakeholder,” said Regu Ayyaswamy, Global Head, IoT & Engineering Services, TCS. “We are honored to win the ASSOCHAM Emerging Digital Technologies Awards for the transformation of both business and government services. This recognition validates our commitment towards harnessing the power of IoT and other digital technologies to deliver more value to our customers in the Indian and global market.”
TCS has been partnering with leading Fortune 1000 corporations in their business transformation initiatives, leveraging its deep contextual knowledge of their businesses, and expertise in IoT, AI and digital-twin technologies to build custom-tailored solutions that provide competitive differentiation and create value. It offers a comprehensive portfolio of IoT-related intellectual property, industry-specific solutions and professional services spanning strategic planning, systems design, implementation, technical and business integration services, and post-deployment support and maintenance. The company has been ranked among the Top 3 global IoT service providers in 2019 by an independent research firm, and as a Leader in the NelsonHall NEAT for IoT in Business Transformation.
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’s largest businesses in their transformation journeys for the last 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. 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 450,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $20.9 billion in the fiscal year ended March 31, 2019, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.
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Lakshmipriya Raut
Tata Consultancy Services Ltd
TCS Head Office
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