Tata Consultancy Services (TCS) has become the second most valuable brand in the IT service sector globally, according to Brand Finance, the world’s leading brand assessment company.
TCS The Largest IT Company in India Is Ranking No.
3 In 2021, after IBM.
Mumbai-based IT companies are part of one of the Tata groups.
TCS is also one of the largest IT companies globally in terms of market capitalization.
Brand Finance 2022 Global IT service rating 500 led by Accenture.
There are two Indian IT companies in the top 5, TCS and Infosys, each in number 2 and No.
3.
Duo beat us it’s a giant IBM.
How TCS goes up to position No.
2 In accordance with the 2022 global 500 IT brand financial service ranking report, TCS fostered a brand value of $ 1.844 billion (12.5%) to $ 16.786 billion over the past 12 months.
This growth is associated with company investment in brands and employees, customer equity and strong financial performance.
TCS has made consistent long-term efforts over the past decade to increase its brand value, including investing in major brand sponsors.
In 2021 it added TCS London Marathon and TCS Toronto Waterfront Marathon to the list of 11 sponsors who ran, announced his partnership for the Jaguar TCS racing team in Formula-e Motorsports, and bought with golf with the Dutch.
The company has also made a significant investment in its brand by developing its building in the brand position of trust to articulate the mission and its relationship with customers when starting the decade of the next LED Transformation growth.
The brand and their employer’s reputation for employee care also contributes to enhanced rankings.
TCS sustainable investment in building deep capabilities in new technology, research and innovation, intellectual property, and special contextual knowledge of customers has made it the preferred growth and transformation partners to leading companies throughout the world.
Strong income growth in 2021 saw TCS across important milestones, reaching $ 25 billion in revenue for the first time, with the leading operating profit margin in the industry more than 25%.
David Haigh, CEO and Chair, Finance Brand, said, “TCS continues to increase IT services to become the second most valuable brand in this sector for the first time.
This great achievement is the result of strong financial growth, strong investment and continued The position of the new global brand last year, further investment in sponsor platforms such as TCS London Marathon, TCS Waterfront Marathon in Canada, but also new sports such as golf and A move to Formula-e with the Jaguar TCS racing team.
I also see the commitment focused TCS for Serving the needs of employees, customers and communities, which are always – in long-term brand performance – Drive.
Congratulations for TCS! “” We are happy and proud to be named among the top two in the Finance brand 2022 Global 500 IT service ranking reports.
Ranking is an important milestone For us and validation of improving our market relevance and focus on innovation and transformation of our clients, their customers , and a larger community.
This recognition is also a testimony to our employees, who is our true brand keeper, and the beliefs they collect for us for years, “said Rajashree R, CMO, TCS.” 2021 is a historic year for the TCS brand when we launched brand positioning Only our new – building confidence that captures our aspirations and beliefs.
With our distinguished ‘customer focus’ strategies, superior execution, investment in building newer capabilities and sustainable focus on research and innovation over the past decade, we are indeed a good position to take advantage of the opportunities for transformation of multi-year technology in front.
“