TCS Soars to New Heights: The 2nd IT Services Brand to Surpass $20 Billion in Value!
Tata Consultancy Services (tcs)•2 weeks ago•
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TCS Soars to New Heights: The 2nd IT Services Brand to Surpass $20 Billion in Value!

Industry Insights
tcs
brandvalue
innovation
sustainability
itservices
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Summary:

  • TCS becomes the second IT services brand to surpass $20 billion in brand value.

  • 826% growth in brand value from $2.3 billion in 2010 to $21.3 billion.

  • Ranked #1 IT service provider for customer satisfaction in Europe in 2024.

  • Sustainability initiatives include hydrogen-powered aircraft engine development.

  • Sponsoring 14 major endurance races, engaging 600,000 runners annually.

TCS Achieves a Remarkable Milestone

Tata Consultancy Services (TCS), a global leader in IT services, has reached a significant milestone by becoming the second global IT services brand to achieve a brand valuation of $21.3 billion. This achievement marks an 826% growth in brand value over the last 15 years, from $2.3 billion in 2010.

David Haigh, CEO and Chairman of Brand Finance, remarked, “At Brand Finance, we have been tracking TCS for about two decades and I am continually impressed by how the company keeps innovating its business and projecting its brand on the global stage.”

Commitment to Innovation and Customer Satisfaction

TCS has consistently proven itself as a trusted partner for global corporations, delivering advanced technology solutions. Their commitment to innovation is evident in their leadership in artificial intelligence (AI), where TCS ensures that their AI-driven solutions not only optimize operations but also enhance customer experiences. TCS was ranked the #1 IT service provider for customer satisfaction in Europe in 2024.

Sustainability Initiatives

TCS is also dedicated to sustainability, utilizing digital twin technology to reduce carbon emissions and collaborating with Rolls Royce to develop the first hydrogen-powered aircraft engine.

Abhinav Kumar, Chief Marketing Officer of TCS, stated, “We are delighted to see our brand cross this major landmark and cement its position in the top tier of our industry.”

Marketing Excellence and Global Reach

TCS enhances brand visibility through sponsorship of 14 major endurance running races worldwide, engaging over 600,000 runners annually. Their partnership with Jaguar TCS Racing in the ABB FIA Formula E World Championship further emphasizes their commitment to innovation in sustainable technologies.

Thought Leadership and Research

TCS distinguishes itself through thought leadership, conducting extensive research and studies in AI and electric vehicle markets. Their AI for Business Study evaluates AI's impact across sectors, while the Future-Ready eMobility Study 2025 highlights trends in transportation.

TCS's strategic marketing initiatives and continuous investment in innovation have solidified its position as a leader in the IT services industry.

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