Tata Consultancy Services (TCS) is an IT services, consulting and business solutions organisation that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led integrated portfolio of IT, BPO, infrastructure, engineering, and assurance services. This is delivered through its unique Global Network Delivery Model (GNDM) recognized as the benchmark of excellence in software development.
TCS, a part of the Tata Group, India's largest industrial conglomerate, has 603,000+ associates (including subsidiaries), representing 153 nationalities, across 46 countries. The company is India's first listed IT company to reach the US$ 100 billion market capitalisation mark.
Tata Consultancy Services (TCS) – Experience certainty
Year | Milestone |
---|---|
2024 |
Tata Consultancy Services has entered a strategic partnership with the Indian Institute of Technology, to develop India’s first Quantum Diamond Microchip Imager. This advanced sensing tool will hold the potential to unlock new levels of precision in the examination of semiconductor chips, reduce chip failures and improve the energy efficiency of electronic devices. TCS To Set Up First-of-its-Kind Human-Centric AI Center of Excellence in France In March 2024, Tata Consultancy Services (TCS) was recognised as a Global Top Employer by the Top Employers Institute, underscoring its commitment to exceptional people practices. In February 2024, Tata Consultancy Services (TCS) secured a place on FORTUNE Magazine's 2024 list of the World's Most Admired Companies. Renowned for its innovation and customer-centric approach, TCS maintained its position for the second consecutive year. In January 2024, with over 150,000 employees trained in Generative AI, TCS inaugurated an AI Experience Zone for hands-on learning in AI and GenAI. Tata Consultancy Services (TCS) aims to build one of the largest AI-ready workforces globally by enhancing its AI capabilities throughout its value chain. |
2023 |
In December 2023, Tata Consultancy Services (TCS) received two 2023 AWS Partner Awards: Global System Integrator (GSI) Partner of the Year – Global and GSI Partner of the Year – France, for playing a key role in helping customers drive innovation and build solutions. In November 2023, Tata Consultancy Services (TCS) received the top position in Service Delivery Quality and Commercial Competitiveness in a Whitelane Research Survey of 285 CXOs from top IT spending companies in Spain. Tata Consultancy Services (TCS) has expanded its long-standing partnership with Athora Netherlands, a Dutch life insurance and pension provider, to help the latter adopt a business and IT operating model that will enhance customer experience, operational resilience and business agility. TCS Recognized as a Leader in the IDC MarketScape for ESG/Sustainability Strategy Consulting Services. TCS laid the foundation for Versuni to become a Digital-First, Insights Company. |
2022 |
In November 2022, at the Intellectual Property Business Congress Asia 2022 in Tokyo, Tata Consultancy Services (TCS) was honoured with the Intellectual Asset Management (IAM) Asia IP Elite award 2022. In March 2022, Tata Consultancy Services partnered with the Indian Institute of Technology Madras (IIT M) to launch an 18-month M-Tech program in Industrial Artificial Intelligence (AI) for working professionals. |
2021 |
In October 2021, Multi Commodity Exchange India Ltd. selected Tata Consultancy Services as a technology solutions provider for its digital growth and transformation. In September 2021, Tata Consultancy Services partnered with the State Bank of India (SBI) to maintain and enhance SBI’s application estate around core banking, trade finance, financial reporting and financial inclusion. In June 2021, Tata Consultancy Services (TCS) extended its 17-year partnership with the UK’s Virgin Atlantic to help the latter embark on a new phase of ‘recovery and growth’. The company will take exclusive responsibility of the airline’s end-to-end operational management and digital transformation. In June 2021, TCS has been positioned as a global leader in the Zinnov Zones for Engineering R&D Services for the eighth consecutive year. In May 2021, TCS partnered with LACChain, an initiative led by IDB Lab, the innovation laboratory of the Inter-American Development Bank Group, to boost adoption of the blockchain ecosystem across Latin America and the Caribbean region. In May 2021, TCS launched TCS Pace Port, a co-innovation and advanced research centre in Amsterdam, Netherlands. In February 2021, TCS strengthened its alliance with Amazon Web Services (AWS) by introducing the new TCS AWS Business Unit (BU), a dedicated division within TCS that brings together size, technology experience and market awareness of two companies to help enterprise customers enhance their innovation and achieve superior business results using AWS. In March 2021, TCS won the 2021 CIO 100 Award for its Intelligent Urban Exchange (IUX) for Workplace Resilience software. In March 2021, the company launched the ‘TCS Connected Consumer Home’ solution, which is based on RDK platform, to enable media and communication service providers (CSPs) offer intuitive and connected consumer experiences. In February 2021, it announced further expansion of its long-standing relationship with Amazon Web Services (AWS), with the launch of TCS AWS Business Unit (BU)—a dedicated group within TCS that will bring together scale, technology expertise and industry knowledge of the two companies to help enterprise customers accelerate innovations and drive superior business outcomes using the AWS. |
2020 |
In May 2020, TCS iON launched platform for students to find virtual internships TCS won US$ 1.5 billion deal across a 10-year period from US pharma retailer Walgreens Boots Alliance (WBA) |
2019 |
Introduced its Artificial Intelligence (AI)-driven Command Centre in Chennai |
2019 |
TCS collaborated with Qualcomm to launch new innovation hub to develop next-gen AI solutions with 5G At annual conclave of Automotive Skill Development Council (ASDC) 2019, TCS iON launched the skill hub “digital platform providing standardizing, industry-relevant and digital content” General Motors (GM) and Tata Consultancy Service (TCS) joined hand for future vehicle engineering across global markets Launched new Robotic Process Automation (RPA) solutions |
2018 |
Ranked among the top three most valuable brands in the global IT services sector Became the first Indian IT company to cross US$ 100 billion in market capitalisation |
2017 |
Unveiled the Business 4.0 thought leadership framework to help customers leverage digital technologies |
2015 |
Cloud Platforms (iON assessments, financial inclusion, HR, financial accounting, TAP™, procurement, and analytics) crossed the US$ 100 million revenue mark |
2012 |
Surpassed Rs. 54,450 crore (US$ 10 billion) in revenue |
2004 |
Debuted at the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) with an initial public offering (IPO) |
2003 |
Surpassed US$ 1 billion in annual revenues |
2002 |
Began operations in China with an office in Shanghai |
2000 |
Unveiled a new Rs. 8.8 crore (US$ 2 million) global E-business development facility at Mumbai |
1996 |
Set the record for the fastest implementation of a depository system anywhere in the word |
1989 |
Signed a US$ 10 million deal with the Swiss Securities Clearing Corporation (SEGA) |
1988 |
Forayed into the packaged software market in India with the Masterkey suite |
1984 |
Launched Falcon (Fast Access Local Computer Network), creating the first fault-tolerant, multi-user, multitasking Windows-type capability |
1979 |
Set up first sales office in New York |
1976 |
Crossed US$ 1 million mark in export revenues, won the top exporter award from the Engineering Export Promotion Council in 1976-77 |
1971 |
Won its first overseas assignment from a middle eastern power generation and distribution company |
1968 |
Launched as a division of Tata Sons |