Tata Consultancy Services or TCS is one of the largest IT service providers of India and the world. The company is not just the largest but also one of the fastest growing IT company in the world. It has come a long way since its inception and there are several reasons that made TCS what it is. Here is a look at some factors that prove how big TCS actually is
TCS has huge numbers in terms of business. TCS has $80 billion market capitalization and it is the highest for any Indian Company. The value of TCS is $15.5 billion in terms of revenue and $54.58 billion in terms of assets.
TCS is definitely the largest IT service company of India, but it also ranks in the tenth position when it comes to the largest IT service providers in the world. It has a huge name in the world market and also garnered a place into the BIG 4 IT Service Brands in the world.
TCS has been one of the first Indian companies to enter into Bioinformatics and has a very versatile approach. TCS is responsible for designing IRCTC and is as of now working for the Indian Post as well.
TCS was established in the year 1968 in order to lend support to the sister concern TISCO, now known as Tata Steel. From support to the company to being a success in its own, TCS came a long way. Apart from Tata Steel, Unit Trust of India and Central Bank of India were TSC’s first clients.
TCS has always been known from bringing out innovations like no other. It ranked highest in the Forbes World’s Most Innovative Companies list and it was the first time ever that an Indian company made it to the list
As of now, TCS has its presence in 46 countries with over 230 offices. The IT giant also has 147 delivery centers across 21 countries along with 58 subsidiary companies across the globe
After Coal India Limited, TCS is the largest employer of India with more than 300,000 employees, which has 31% women strength. As for the IT sector, it is undoubtedly the largest employer in India.
The impeccable services of TCS have earned them a great reputation with among clients all over the world. TCS has won many awards for the same and also ranked as number 1 for customer satisfaction in the United Kingdom.
Surpassing reliance, TCS recently became the most profitable Indian company and despite some setbacks, it is growing by leaps and bounds.