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HOW BIG IS TCS?
Exhibit
|August 2024
Building on Belief
Almost every Indian knows about TCS, and that’s the level of popularity it has gained since its inception in 1968. Established as a division of Tata Sons, the company has grown into a global leader, driving digital transformation and business success across various sectors. Today, Tata Consultancy Services (TCS) is a behemoth in the IT services industry and stands as a testament to the transformative power of technology and innovation.
THE BIRTH OF TCS
TCS was born from the visionary mind of JRD Tata, who foresaw the potential of information technology long before it became a global phenomenon. The initial years were marked by a focus on developing software for internal Tata Group needs. The company quickly recognised the growing demand for IT services and expanded its offerings to external clients. One of the earliest milestones in TCS’s history was its partnership with Burroughs Corporation in the 1970s, which marked the beginning of its journey into the global IT services market and set the stage for TCS’s future as an international player.
A LEGACY OF INNOVATION
Innovation has been the cornerstone of TCS’s success. From pioneering the offshore delivery model to developing cutting-edge solutions in artificial intelligence, cloud computing, and cybersecurity, TCS has consistently stayed ahead of the curve.
THE OFFSHORE DELIVERY MODEL In the 1980s, TCS introduced the offshore delivery model, a revolutionary approach that allowed the company to leverage India’s vast pool of skilled IT professionals to deliver high-quality services at competitive costs. This model not only gave TCS a competitive edge but also set a precedent for the entire industry, leading to the rise of India as a global IT services hub.
AI AND AUTOMATION
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