BUSINESS
This Tata company has become the second-largest IT services brand globally with a USD 21.3 billion valuation, driven by innovation, customer satisfaction, and strategic initiatives.
Tata Consultancy Services (TCS) has become the second-largest IT services brand in the world, with an impressive brand valuation of USD 21.3 billion (Rs 1,75,725 crore). According to a press release, TCS has achieved remarkable growth in brand value, which has increased by 826% over the past 15 years. 2010 the company's valuation stood at USD 2.3 billion, showcasing its significant progress.
The company attributes this growth to its continuous focus on innovation, exceptional customer satisfaction, and strategic marketing efforts. These elements have played a vital role in boosting TCS's global recognition and reputation.
David Haig, CEO and Chairman of Brand Finance, admired TCS's journey. "We have been tracking TCS for two decades, and I’m constantly impressed by how the company continues to innovate and elevate its brand on the global stage. Reaching the USD 20 billion brand value milestone is a remarkable achievement. Congratulations to all 600,000 TCS employees who proudly represent the brand," he said.
Abhinav Kumar, TCS's Chief Marketing Officer, highlighted this achievement as a significant moment for the company. "Starting 2025 with the World Economic Forum in Davos, we are thrilled to see our brand reach this landmark. Over the past 15 years, our brand value has grown nearly ninefold, making TCS a leader in innovation and long-term partnerships," he remarked.
TCS has strengthened its brand through key initiatives, including sponsoring 14 major endurance running races worldwide, such as those in New York, London, and Sydney. These events engage over 600,000 runners annually. The company is also a partner in Jaguar TCS Racing, competing in the ABB FIA Formula E World Championship, the world's first all-electric racing series.
Additionally, TCS showcases its thought leadership through in-depth studies. Its AI for Business Study explores AI's applications across industries, while the TCS Future-Ready eMobility Study 2025 highlights trends in the electric vehicle market. These efforts further establish TCS as a leader in innovation and technology.
This milestone reflects TCS’s commitment to excellence and its strong presence in the global IT services industry.
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