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Based on TCS Financial Solutions (TCSFS) performance in 2006, IDC, a Chinese independent research group has ranked TCS Financial Solutions, a business unit of TCS as 'amongst the top two IT facilities' in China.
According to an IDC report: "TCSFS has emerged as a major force in China's banking IT solutions market, after winning major deals with Bank of China and Huaxia Bank."
Lauded for its strong capabilities across all IT solutions for the banking industry, the report recognizes TCS Financial Services as the second largest channel management system provider, the third largest payment and settlement solution provider, including being identified as the sixth largest bankcard solution provider in China.
Ginja Pande, EVP and Regional Head, TCS Asia Pacific corroborates: "The recognition from IDC is evidence of TCSFS' continuous commitment to deliver excellence through its global delivery network, and also its ability to provide Chinese corporations and global customers with best-in-class technology products and solutions."?
Such commendation for an Indian IT firm, and that too from a country, a would be competitor in the field of IT outsourcing is high praise, indeed! No doubt, but India's IT prowess is the envy of an Olympic ready Beijing!
Moral of the story, 'Slow and Steady Wins The Game!', including 'All That Glitters Is Not Gold!' Taken in by all the sprucing up that went on after China's Communist government decided that capitalism was not such a bad thing, after all, the world went gung ho about China, at the cost of India, constantly sidelining and imposing sanctions for supposed misdeameanors, while disregarding and overlooking even China's Tiannamen Square! Today, India has proven and continues to prove the pundits wrong, as even China stands awed by India's outsourcing feats!
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