- Tata Consultancy Services (TCS) is one of the leading information technology companies in the world. With a workforce of over 74,000 professionals spread across more than 50 global delivery centres, it helps organisations stay ahead with new technology. Its clients include seven of the top ten corporations in the Fortune 500 list of the largest corporations in the United States.
- Since its inception, the company has invested in new technologies, processes, and people in order to help its customers succeed. With inputs from its innovation labs and university alliances, and drawing on the expertise of key partners, TCS keeps clients up-to-date with new technology. This has helped the company meet various benchmarks of excellence in software development - it is the world's first organisation to achieve an enterprise-wide Maturity Level 5 on quality improvement models, CMMI® and P-CMM®, using the most rigorous assessment methodology, SCAMPISM.
- TCS helps clients from various industries solve complex problems, mitigate risks, and become operationally excellent. Some of the industries it serves are:
- Banking and financial services
- Energy and utilities
- Government
- Healthcare and life sciences
- Hi technology
- Insurance
- Manufacturing
- Retail
- Telecom
- Travel and hospitality
- TCS is headquartered in Mumbai, and operates in more than 50 countries and has more than 170 offices across the world.
- In terms of deal wins, the $1.2 billion deal with the Nielsen Company and other $100 million plus deals point to interesting prospects for TCS in the coming few quarters. Increasing levels of fixed-price billing to 45.4 per cent of revenues, the highest among Tier I players, is a positive, as this is a more efficient way of engagement. Increased delivery of services such as consulting from offshore locations could make this a ‘low-cost high revenue’ proposition, a healthy indicator on margins. The company could also tweak factors such as utilisation and repeat-business percentages, apart from using billing rates to improve realisations.
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