TCS in Quadrant
By Pulkit Sharma
India's No. 1 BPO (which has KPO and IT divisions as well) Genpact employs more than 56000 professionals in 64 delivery centres around the world to look after more than 600 clients. On June 8, 2012, Genpact announced that it had been positioned by Gartner, Inc. in the Leaders quadrant in its report, “Magic Quadrant for Finance and Accounting BPO,” authored by Cathy Tornbohm.
On June 13, Infosys BPO announced that it had also been positioned by Gartner in the 'Leaders Quadrant' of the Magic Quadrant for Comprehensive Finance and Accounting BPO, Global.
On June 15, 2012, Wipro BPO also announced that it had also been recognized by Gartner, Inc. in the Leaders quadrant in the report, "Magic Quadrant for Finance and Accounting (F&A) BPO, Global," authored by Cathy Tornbohm and published May 30, 2012.
Following Genpact, Infosys and Wipro’s announcements spread out over many days, on June 16, WNS announced its place in the Gartner Quadrant. BPO giant WNS has made an announcement that it has also been positioned in the ‘Leaders’ quadrant in Gartner, Inc.’s recently published "Magic Quadrant for Finance and Accounting BPO," authored by Cathy Tornbohm, published on May 30, 2012.
On June 21, 2012, TCS announced that it too was on the very same list. TCS announced on June 21 that it has been positioned by Gartner in the Leaders quadrant in its report, "Magic Quadrant for Finance and Accounting BPO," authored by Cathy Tornbohm and published on May 30, 2012.
“We believe our positioning in the Leaders Quadrant is a testament of the uniqueness of our pioneering vision, strategy and ability to execute in the Finance and Accounting space,” said Abid Ali Neemuchwala, Global head of TCS’ BPO business. “TCS’ investments in building industry vertical expertise in F&A, our proven transformation methodology - FORE delivering best in class processes, our business model innovation of F&A Platform solution delivering Business Process as a service (BPaaS), and unrelenting focus on analytics, risk and controllership are all geared to meet the customer’s needs for an effective and efficient Finance function.”
Techgoss note: Even as Gartner was praising Genpact, Infosys, Wipro, WNS and TCS, it added the following statement to cover itself: “Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.”