Vendor Analysis
published on Dec 20, 2024
Report Overview:
This NelsonHall vendor assessment analyzes Tata Consultancy Services' offerings and capabilities in P&C Operations Analytics and AI
Who is this Report for:
NelsonHall’s P&C Operations Analytics and AI profile on Tata Consultancy Services is a comprehensive assessment of Tata Consultancy Services' offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of Tata Consultancy Services and identifying vendor suitability for P&C Operations Analytics and AI RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the P&C Operations Analytics and AI sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Tata Consultancy Services’ P&C Operations Analytics and AI offerings, capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, challenges, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base, including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization, including the location of delivery centers.
Key Findings & Highlights:
Tata Consultancy Service (TCS) is a major global IT services company headquartered in Mumbai, India. It offers business process management services and has ~600k employees globally. It provides services in various industries, including BFSI, consumer goods and distribution, communications, media and information services, energy, healthcare, life sciences, manufacturing, public services, retail and travel, and logistics. Overall, TCS provides services to ~1.2k clients globally across various industries through its ~7 global delivery centers. NelsonHall estimates its expected FY 2024 net revenue to be ~$29.08bn.
TCS’ overall insurance business covers personal, commercial, and specialty. NelsonHall estimates that TCS’ P&C insurance space globally accounts for ~10% to ~15% of TCS’ total revenue, and P&C BPO services account for ~15% to ~20% of overall insurance revenue.