VISION<br />To be the Global top10 IT company by 2010<br />
The company wants to aim for the number one position in the global software services market.<br />
The global top spot is held by IBM Global Services with revenues of $56.4 billion and a 7.1 per cent share of the world IT services market.<br />
TCS closed 2010-2011 with revenues of $8.19 billion. <br />
World’s fourth largest employee base amongst IT services providers<br />
To help customers achieve their business objectives, by providing innovative, best-in-class consulting, IT solutions and services. To make it a joy for all stakeholders to work with us.<br />MISSION<br />
IT and business solutions for small and medium business enterprises </li></li></ul><li>Banking and Financial Services <br /> Insurance<br />Telecom<br />Government <br />Energy and utilities <br />Media and information services <br /> Healthcare and life sciences <br />Retail<br />Manufacturing<br />Travel, transport and hospitality <br />INDUSTRY VERTICALS SERVED<br />
Wide Global Presence- Risk Diversified with operations in countries like Africa, Asia, Australia, Europe, North America, South America. (Subprime Crisis)
TCS has one of the lowest attrition rates in the Indian IT industry.
Strong Vertical Presence- In telecom also, the company's presence is quite strong. In each of these sectors, TCS is bigger than its largest domestic competitor.
In revenue terms, the BFSI practice of TCS is about 35 per cent higher than that of Infosys.</li></li></ul><li>WEAKNESSES….<br />TCS is one of the largest private sector employers in India with a core strength in excess of 200,000 individuals. In the past and in the present, TCS has been criticized by its employees in Public forums on its Appraisal and Promotion policies.<br />
PAT grew by 62 %<br />ONSITE/OFFSHORE MIX<br />
PAT grew by 62 %<br /> Quarter 1 2011 Results….....<br /> Tata Consultancy Services reported revenues of US$2.41 billion for the first quarter of 2011, up 33.8% from US$1.8 billion revenues in the same quarter previous year. <br />For the quarter ended 30 June 2011, the company has registered operating profits of US$631 million, up 29.6% from US$487 million in the same quarter in 2010.<br />The company witnessed an increase of 34.6% in profit after taxfor Q1 2011 to US$542.3 million compared to US$403 million for the same quarter previous year.<br />TCS sees 34%revenue growth<br />
PAT grew by 62 %<br /> Quarter 1 2011 Results….....<br />TCS sees 34%revenue growth<br />
TCS operates in 47 countries with 142 offices<br />
Notes de l'éditeur
market capitalization and revenues, Tata Group is the largest private corporate group in India
IT and Communications,Engineering,Materials,Services,Energy ,Consumer Products,Chemicals
The 2009, annual survey by the Reputation Institute ranked Tata Group as the 11th most reputable company in the world.
TCS is the largest provider of information technology in Asia
Tata Consultancy Services, which achieved in 2009 its plan of breaking into the world’s top 10 list of IT service providers by revenue, now has an even more audacious plan. The company wants to aim for the number one position in the global software services market.
TCS helps clients optimise business processes for maximum efficiency and galvanise their IT infrastructure to be both resilient and robust.
North America is the major market. American companies are the forefront in Outsourcing to India. US has always been the primary market with significant dependence.Europe including Continental Europe is the second largest market.TCS is very active in Indian Market. TCS has many Government of India and other projects in India.Latin America is another focus area for the company. APAC is also seeing good growth.
BFSI is the dominant vertical and TCS is one of the top players in the BFSI Outsourcing category.Telecom is the second vertical where TCS is very active and dominant player.Retail & Distribution is the third largest vertical. Life Sciences is one vertical where TCS is constantly improving
Application Development and Maintenance is the dominant service offering.BPO services have started picking up since FY 2008-2009 with Citi Bank Captive acquisition.Infrastructure services category saw slight growth.Falling revenues in Enterprise Solutions. Assurance Services seeing some growth.Global Consulting revenues are also falling YoY.
Time & Material contracts are the most preferred. But the Fixed price contracts are also seeing growth.
Initial it was Onsite but due to recession and Financial crisis, Offshore was preferred by clients. TCS also serves clients through its Global Development center.
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