Business

Tata Consultancy Services (TCS) Net Worth, CEO, Founder, Head Office, History

TCS, based in Mumbai, Maharashtra, is an Indian multinational IT services firm. One of India’s major companies, Tata, owns it. India’s biggest IT services firm by market valuation and revenue is TCS. It is one of the most valued IT services brands globally.

Tata Consultancy Services

Net worth US$18 billion
CEO K. Krithivasan
Founder Fakir Chand Kohli
Head Office Mumbai

Net Worth

As of March 31, 2023, TCS’s net worth was US$18 billion. The company’s valure was US$172 billion as of November 24, 2023.

CEO

Krithivasan is TCS CEO/MD. His appointment was June 1, 2023. Tata Consultancy Services (TCS) has grown as a worldwide IT services leader under K. Krithivasan. Krithivasan’s emphasis on innovation, client attention, and staff development has helped TCS succeed.

Krithivasan has prioritized TCS’s AI, cloud computing, and cybersecurity efforts. The organization has become a prominent AI-powered solution provider by investing extensively in research and development.

Founder

Fakir Chand Kohli started TCS 1968. The “Father of the Indian IT Industry” is Kohli. Tata Consultancy Services (TCS) was founded in 1968 as Tata Computer Systems by a branch of Tata Sons Limited. JRD Tata, the Tata Group’s then-chairman, saw information technology’s transformational potential and founded the firm.

Head Office

The company has Mumbai, Maharashtra as its head office location. It has a global presence with offices in over 50 countries.

TCS History

Early years

Tata Sons, a Tata Group holding company, launched TCS in 1968. The firm initially developed software and provided IT services to Tata Group entities.

Growth and expansion

TCS expanded beyond the Tata Group throughout the 1970s and 1980s. The firm expanded its IT services to worldwide organizations.

In recent years

TCS grew rapidly in the 2000s and 2010s. The firm added consulting, infrastructure management, and BPO to its IT services. Research and development helped TCS create new IT solutions.

TCS is a prominent IT services provider worldwide. Its characteristics include quality, inventiveness, and customer service. Environmental sustainability is TCS’s specialty.

Awards and honors

TCS’s accomplishments have earned it several honors. Fortune magazine has consistently named the corporation one of the world’s most respected. TCS is also known for its IT innovation and sustainability.

Future outlook

TCS is well-positioned for expansion. The global need for IT services benefits the organization. China and Brazil are also TCS expansion markets. Cloud computing and artificial intelligence are among the company’s digital investments. These investments will help TCS develop and serve customers.

Conclusion

IT services giant TCS is growing and innovating. The company wants to grow and please customers. In India’s IT industry, TCS pioneered software development, IT infrastructure, and BPO. The company is also recognized for its environmental and social growth.

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Sumit Kumar Yadav has experience analyzing business and finance of big to small companies. Loan, Insurance, Investment data analysis are his key areas.