Tata Consultancy Services (TCS), the country's top IT consultancy and export firm, is in the `Leaders Quadrant' in the recently published 'Magic Quadrant for Oracle Outsourcing, North America' report by Gartner Inc.
Developed by Gartner analysts as an evaluation of the Oracle application outsourcing services in the North American market, the `Magic Quadrant' evaluates vendors on their completeness of vision and ability to execute.
The Gartner report was based on a study of 15 Oracle application providers across North America, TCS said in a release.
"Leaders provide offerings that meet demand, as well as demonstrate the vision necessary to sustain their position as requirements evolve in the Oracle outsourcing market. The hallmark of leaders is that they focus on and invest in their offerings to the point that they lead the market and can affect its overall direction. As a result, leaders can become the vendors to watch as you try to understand how new offerings might evolve," the report said.
"Leaders typically possess a satisfied customer base and enjoy high visibility within the market. Their size and financial strength enable them to remain viable in a challenging economy. Leaders typically respond to a wide market audience by supporting broad market requirements, including delivering across all aspects of Oracle outsourcing. However, they may fail to meet the specific needs of more-specialised segments," it added.
"We are pleased to be recognised as a leader for Oracle solutions by Gartner," said Sridhar Bakshi, global head, Oracle Center of Excellence, Tata Consultancy Services. "In an evolving business landscape, we help customers leverage Oracle solutions not just to adapt but predict change and respond proactively. In my opinion, our position in Gartner's Magic Quadrant for Oracle Outsourcing in North America underscores our ability to enable our customers to 'Experience Certainty' and to help them succeed in a challenging economic environment," he added.