Tata Consultancy Services has been recognized as a leader and star performer for Life sciences IT application services by leading advisory and research firm, Everest Group, in its report, “Life Sciences – IT Application Services Providers PEAK Matrix™ Assessment 2017.”

Everest Group acknowledged TCS’ strong foothold in the pharmaceutical and medical devices sector and a growing business presence with biotechnology firms.

 The report highlights TCS’ strong focus on development of next-generation solutions, incorporating Artificial Intelligence, IoT and platform-driven approaches for areas such as drug development and patient engagement.

Jimit Arora, Partner, Everest Group said, “Unlock efficiency out of globally diversified operations. Technology is a key enabler to ensure this transition, and TCS continues to be a partner of choice for leading Life Sciences firms, based on its delivery excellence and ongoing market success. By taking a platform-driven approach to strategic value chain tenets, TCS is seeking to future-proof its portfolio and driving differentiation in a highly competitive market.”

Debashis Ghosh, President, Life Sciences, Manufacturing & Energy Business Group, TCS said, “Life Sciences customers are embracing newer technologies and next gen platforms to meet the challenges of higher R&D costs, declining revenue and increasingly complex regulations. Our deep industry expertise, global scale, investments in digital solutions, and focus on platforms enables us to offer true value to our customers across the Life Sciences value chain.”