Tata Consultancy Services is an IT services, consulting, and business solutions
organization that has been partnering with many of the world's largest businesses in their
transformation journeys for over 50 years.
Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services
and consulting company with its headquarters in Mumbai, Maharashtra.[6][7] It is a part of the Tata Group and
operates in 150 locations across 46 countries.[8] In July 2022, it was reported that TCS had over 600,000
employees worldwide.[9] TCS is the second largest Indian company by market capitalization and is among the
most valuable IT service brands worldwide, and is the top Big Tech (India) company.[10][11][12] In 2015,
TCS was ranked 64th overall in the Forbes "World's Most Innovative Companies" ranking, making it one of the
highest-ranked IT services companies and a top Indian company.[13]
As of 2018, it is ranked eleventh on the Fortune India 500 list.[14] In September 2021, TCS recorded a market
capitalization of US$200 billion, making it the first Indian IT tech company to do so. [15][16][17] In December
2022, the market cap was Rs. 11,71,481.89 crore.[18] In 2016–2017, parent company Tata Sons owned 72.05%
of TCS[19] and more than 70% of Tata Sons' dividends were generated by TCS. [20]
History[edit]
1968–2005[edit]
Tata Consultancy Services Limited, initially started as Tata Computer Systems, was founded in 1968 by a
division of Tata Sons Limited.[21] Its early contracts included punched card services to sister company TISCO
(now Tata Steel), working on an Inter-Branch Reconciliation System for the Central Bank of India,[22] and
providing bureau services to Unit Trust of India.
In 1975, TCS delivered an electronic depository and trading system called SECOM for a Swiss company SIS
SegaInterSettle; it also developed System X for the Canadian Depository System and automated
the Johannesburg Stock Exchange.[23] TCS associated with a Swiss partner, TKS Teknosoft, which it later
acquired.[24]
In 1980, TCS established India's first dedicated software research and development centre, the Tata Research
Development and Design Centre (TRDDC) in Pune.[25] In 1981, it established India's first client-
dedicated offshore development centre, set up for clients Tandem.
In anticipation of the Y2K bug and the launch of a unified European currency (Euro), Tata Consultancy
Services created the factory model for Y2K conversion and developed software tools which automated the
conversion process and enabled third-party developer and client implementation. [26] Towards the end of 1999,
TCS decided to offer Decision Support System (DSS) in the domestic market under its Corporate Vice
President and Transformation Head Subbu Iyer. [27] The company also registered its first tagline "Beyond the
Obvious" in 1999.[28][29]
TCS BPS[edit]
TCS BPS (Business Process Services) is the third-largest India-based IT outsourcing company
(after Capgemini).[103] The BPS division had revenues of US$1.44 billion in FY 2012–13, which was 12.5% of
the total revenue of TCS.[104][105] TCS BPS has more than 45,000 employees who serve over 225 million
customers across 11 countries. The rate of attrition in the BPS division during the financial year 2012–13 was
19.5%.[106] The firm has also opened a business process outsourcing facility in the Philippines. [107]
Life Sciences and Healthcare
Through our technology and system integration capabilities, we overcome the challenges
of huge investments and lead time required for capacity building required by traditional
approaches and solutions. Our solutions ensure affordability, appropriateness, scalability,
and positive outcomes.
•Streamline operations for effective administration
•Integrate various functions for smooth patient movement
•Proactively monitor health service quality
•Improve resource and asset utilization
Tata Research Development and Design Centre[edit]
TCS established India's first software research centre, the Tata Research Development and Design Centre,
in Pune, in 1981. TRDDC undertakes research in software engineering, process engineering, bioinformatics,
and systems research. Researchers at TRDDC also developed MasterCraft (now a suite of digitization and
optimization tools),[114] a Model-driven Development software that can automatically create codes based on a
model of a software, and rewrite the codes based on the users' needs.[115] The research at TRDDC has also
resulted in the development of Sujal, a low-cost water purifier, that can be manufactured using locally available
resources. TCS deployed thousands of these filters in the Indian Ocean tsunami disaster of 2004 as part of its
relief activities.[116] This product has been marketed in India as Tata Swach, a low-cost water purifier.[117]
Innovation labs[edit]
In 2007, TCS launched its co-innovation network, a network of innovation labs, start-up alliances, university
research departments, and venture capitalists.[118][119] In addition, TCS has 19 innovation labs based in
three countries.[120] TCS' partners include Collabnet and Cassatt, and academic institutions such
as IITs, Stanford, MIT, and Carnegie Mellon, and venture capitalists like Sequoia and Kleiner Perkins.[121]
TCS is one of the largest private-sector employers in India,[122] and the fourth-largest employer among
listed Indian companies (after Indian Railways, Indian Army, and India Post).[123] TCS has crossed more than
600,000 employees as of 8 July 2022.The number of non-Indian nationals was 21,282 as of 31 March 2013
(7.7%).[124][129] The employee costs for the FY 2012–13 were US$4.38 billion, which was approx. 38% of
the total revenue of the company for that period.[130] In the fiscal year 2012–13, TCS recruited a total of 69,728
new staff, of whom 59,276 were based in India and 10,452 were based in the rest of the world.[124] In the same
period, the rate of attrition was 10.6%.[124] The average age of a TCS employee is 28 years. .[124] TCS was the
fifth-larges[124]t United States visa recipient in 2008 (after Infosys, CTS, Wipro, and Mahindra Satyam).[131]
[132][133] In 2012, the Tata Group companies, including TCS, were the second-largest recipient of H-1B
visas.[134][135] As of Jan 2020, TCS has over 400,000+ employees. It is the world's third-largest IT
employer behind IBM and HP.
Corporate Overview
TCS is an IT services, consulting and business solutions organization partnering many
of the world’s largest businesses in their transformational journeys for the last 50
years. It has a global presence, deep domain expertise in multiple industry verticals
and a complete portfolio of offerings – grouped under consulting and service
integration, digital transformation services, cloud services, cognitive business
operations, and products and platforms – targeting every C-suite stakeholder.
The Company leverages all these and its deep contextual knowledge of its customers’
businesses to craft unique, high quality, high impact solutions designed to deliver
differentiated business outcomes. These solutions are delivered using its Secure
Borderless Workspaces™ (SBWS™) operating model which enables a highly
distributed, Location Independent Agile™ delivery.
TCS geographic footprint covers North America, Latin America, the United Kingdom,
Continental Europe, Asia-Pacific, India, and Middle-East and Africa.
TCS considers industry verticals as its go-to-market business segments. The five key
vertical clusters are: Banking, Financial Services and Insurance (BFSI), Retail and
Consumer Business, Communications, Media and Technology (CMT), Manufacturing
and Others. The last category includes Life Sciences and Healthcare, Energy,
Resources and Utilities, Public Services and others.
Customer Engagement
TCS uses its intellectual capital and human capital to build impactful, customized
technology and business solutions that address the customer’s business problems.
Further, its ability to stitch together complex, holistic solutions that address the needs
of all stakeholders in the enterprise, along with the high levels of trust engendered in
customer relationships, helps it win large transformation deals. These deals bring in
high quality revenues, powering industry-leading organic growth and margins,
boosting the company’s financial capital.
These solutions create immense value for our customers by helping them embrace
new business models, pursue new revenue streams, deliver superior customer
experiences or build resilience and efficiency into their operations, and gain
competitive differentiation.
3274.55 – Share price TCS rn
TCS Benefits
Child Care & Parental Leave Benefits
• Family Medical Leave.
• Flexible Work Schedule.
1.The best one is Job security as compared to other IT industries. I haven’t heard of any case in TCS
where employees is asked to resign on the basis of so called cost cutting and poor performance.
2.In TCS no one will track your actual work hour as in the swipe in and swipe out timing of your ID card
like for many other companies track your swipe in and swipe out and if it falls short of the required
hours the salary gets automatically deducted or you are asked to apply leave for that day.
3.If you are on bench in TCS, you need not come to office everyday. You will just have to report to the
RMG once a week for an hour and go back home. Also there is a internal site name KNOME( TCS
internal Facebook :P), here you can post what kind of project you are looking for and people with
suitable openings in their project with contact you.
4.Leaves - You have around 33 days leaves(Other than the public and National holidays) which is better
than the leaves offered by other IT industries.
5.Extra curricular activities - I worked in Hinjewadi phase 3 Pune Campus which has one of the best
Infrastructural facilities along with Volley ball court, Basket ball court, Table tennis , Badminton,
Gym(with good intructors), Yoga and Dance room etc. TCS also has frequent events held. So its not
just about work all the time in TCS.
