Tata Consultancy Services (TCS), a global leader in IT services and consulting, announced a groundbreaking achievement today. The company has become the second global IT services brand to surpass a brand valuation of $20 billion, reaching an impressive $21.3 billion.
This milestone reflects a remarkable 826% growth in brand value over 15 years, rising from $2.3 billion in 2010. TCS attributes this success to sustained innovation, a strong global presence, and strategic customer-centric initiatives.
Key Highlights:
- Recognition: Ranked #1 in customer satisfaction in Europe by Whitelane Research in 2024, underscoring its commitment to excellence.
- Sustainability Leadership:
- Development of hydrogen-powered aircraft engines with Rolls Royce.
- Adoption of digital twin technology to reduce carbon emissions in factories.
- AI and Innovation:
- Pioneering AI solutions that optimize operations and prioritize ethical practices.
- Insights into the electric vehicle market through studies like the “Future-Ready eMobility Study 2025.”
- Global Engagement:
- Sponsorship of 14 major global marathons, including five of the Abbott World Marathon Majors.
- Partnerships like Jaguar TCS Racing in Formula E Championship.
David Haigh, CEO of Brand Finance, commended TCS, stating, “Their consistent efforts have led to this milestone, making them an industry leader.”
Abhinav Kumar, Chief Marketing Officer at TCS, expressed pride in the brand’s journey: “TCS has grown ninefold in 15 years, establishing itself as a leader in innovation and partnerships.”
