TCS recognized as an Innovator in Avasant’s Blockchain Services RadarView™ Report
Among endless service provider options, novel and disruptive mechanics in the innovation of Blockchain brings recognition as an Innovator for Blockchain Services 2018.
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“Strong commitment to blockchain, focused on developing integrated offerings across key industries.”
AVASANT ANALYST INSIGHTS
Practice Maturity
- TCS was an early mover in the blockchain space, with the establishment of the banking blockchain center of excellence consisting of a 100+ member team as early as 2016. This CoE spearheaded the integration of blockchain with TCS’ BaNCs suite of offerings and developed a number of POCs with clients. As the market matures, these seeds are beginning to pay dividends for TCS, with some of these POCs nearing the transition to production.
- Additionally, TCS has expanded the scope of POCs to industries beyond banking and financial services, especially in the supply chain and manufacturing space.
- TCS has built a robust network of enterprise partners to develop and deliver blockchain services.
Investment
- TCS continues to invest in solution accelerators for their blockchain practice, including further development of the Quartz solutions.
- TCS is also expanding and leveraging its co-innovation partnership network (COIN network) and academic alliances to co-innovate with a number of start ups and other innovative companies.
- TCS is also focusing on increasing its skill base across leading platforms as it has taken a platform agnostic approach to its services.
Industry Development
- TCS has a strong partnership with financial services specific consortiums such as R3. It is also expanding its engagement with other key consortiums, especially the Hyperledger Foundation.
- TCS also engages with the industry at various forums where they have been putting forth their points of view and learnings from POC engagements.
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