Tata Consultancy Services’ Significant Investments in IP Across the Value Chain and Subdomains of ACES, Strong Ecosystem of Partnerships, Labs, and Innovation Centers, Have Been Cited as Key Strengths
NEW YORK | MUMBAI, January 15, 2024: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been recognized as a Leader in the Everest Group PEAK Matrix® for Autonomous, Connected, Electric and Shared (ACES) Automotive Engineering Services.
The report highlights that TCS has made significant investments in building ACES engineering competences via intellectual properties across the value chain and across various subdomains such as ADAS, telematics, EV charging systems and sustainability, and fleet management. Cited as a key strength are its strategic investments in building a strong ecosystem of partnerships, labs, and innovation centers, while also focusing investments on employee skillset development through certifications and Centers of Excellence (CoEs).
According to the report, TCS has a very balanced client portfolio between both automotive OEMs and tier-1s and is engaged with a diverse clientele spread across small, midsized, and large enterprises. It goes on to say that TCS has a well-rounded portfolio of client engagements across the autonomous, connected, and electric subsegments.
“TCS leverages its next generation digital technologies enabled by Gen AI in ACES to help its automotive customers develop Software Defined Vehicles (SDVs) and enable safe and sustainable mobility with enhanced user experience,” said Regu Ayyaswamy, Global Head, Internet of Things & Digital Engineering, TCS. “This leadership position is a reflection of our strong vision, investments in intellectual property and capabilities in analytics, machine learning and artificial intelligence seamlessly coupled with deep domain knowledge resulting in value delivered to our customers.”
TCS offers a comprehensive portfolio of engineering and consulting services at every stage of the value chain for global automotive manufacturers and component suppliers. Its expertise spans advance driver assistance systems and autonomous driving, software-defined vehicle platforms, functional safety and cyber security, model-based system engineering, vehicle diagnostics and standardization, and infrastructure services to electrification and in-vehicle infotainment.
By leveraging its deep domain knowledge and best-in-class consultants, TCS helps customers build a next-gen automotive strategy and roadmap as well as design and develop digitally advanced vehicles. It acts as a one-stop ACES partner for automotive OEMs and tier-1s by providing a holistic solution with dedicated focus on both the on-board and off-board components of automotive engineering services.
TCS’ investments in research and innovation have led to the development of multiple Centers of Excellence (CoEs) and a vast portfolio of intellectual property that accelerates product development for customers. Key proprietary solutions include:
- TCS Mobility Suite: Enables mobility ecosystem players across the connected, autonomous and electrification value chain to adopt profitable mobility models, launch new services quickly and deliver hyper-personalized experiences and value to end-customers through its cutting-edge offerings on cloud.
- TCS DigiFleet™: An IoT enabled SaaS that assimilates telematics and environmental data to provide real-time impactful business insights to customers about their fleet and freights and helps enhance visibility and operational efficiency of their logistics on the move.
“TCS has a cohort of offerings around ADAS, sensor fusion technologies, infotainment, V2X communications, software for battery management systems, and charging solutions, well supported by their investments in developing proprietary frameworks and solutions,” said Nishant Udupa, Practice Director, Everest Group. “Additionally, clients have appreciated TCS’ project management skills, capabilities across next-generation technologies and flexibility in providing skilled resources. This has helped TCS retain its position as a Leader in the Everest Group’s ACES Automotive Engineering Services PEAK Matrix® Assessment 2023.”
For more information on TCS’ ACES automotive engineering offerings, please visit: https://www.tcs.com/what-we-do/services/iot-digital-engineering/sustainable-software-defined-vehicles