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TCS recognised Leader and a Star Performer in Enterprise Blockchain Services

Capital Market 

By Everest Group

Tata Consultancy Services has been named a Leader in the Everest Group PEAK Matrix® for Enterprise Blockchain Services, for the second consecutive year. Additionally, it was named a Star Performer for having top quartile year-on-year improvement in its scores.

The report highlights that TCS differentiates itself by building extensive intellectual property encompassing analysis frameworks, delivery methods, proprietary platforms such as Quartz'", and vertical solutions. It goes on to say that an ecosystem-centered thinking to build inter-industry and use-case-focused networks, helps TCS tap into its strength of running and managing platforms. According to the report, customers value TCS' efforts to help develop business cases and understand return on investment.

With Business 4.0 as the anchoring framework, Business Value Delivery Model for value realization, and the Quartz Blockchain solution, TCS is in a unique position to advise and support customers in their blockchain journey from ideation to full-scale deployment. This includes advisory services, consulting, methodologies, solutions, platforms, and full stack capabilities.

Quartz - the Smort LedgersrM solution, redefines how organizations can collaborate in an increasingly connected world, and leverage their collective strengths using blockchain technology. The suite comprises Smart Solutions, a set of 'designed for blockchain' business offerings for different industries; the Quartz DevKit, an intuitive, low code development kit for enterprises to quickly build and deploy blockchain applications on any popular blockchain platform; the Quartz Gateway for the integration of existing solutions with blockchain ecosystems; and the Quartz Command Center that can administer and monitor entire ecosystems.

Together, these solutions can help organizations set up truly connected ecosystems that run on blockchain technology, delivering real-time, efficient transaction processing based on a single source of truth on the ledger. The solutions can coexist with existing systems, support multiple blockchain platforms, and facilitate seamless integration with ecosystem participants.

Additionally, TCS has been investing in building blockchain platform solutions for ecosystems like a skills marketplace, multi-party loyalty management, e-mobility infrastructure, connected vehicles, and healthcare. These will help enterprises unlock significant business value as well as address some of the largest societal challenges.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 12 2020. 12:16 IST
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