Do you know which IT services company in India has the most sales and the most money on the market? It’s Tata Consulting Services( TCS).
All Indians call it TCS, the largest IT service, consulting, and business solutions company in the world. The company has been around since 1968, when Faqir Chand Kohli, Tata Sons, and Jehangir Ratanji Dadabhoy Tata started it.
Tata is almost always around. The Tata empire has something to do with everything we use today. The Group has become one of India’s most respected businesses because it is based on 5 principles: Integrity, Excellence, Responsibility, Pioneering, and Unity.
In TCS’s network of partners, there are well-known providers of software, platform and IT infrastructure vendors, and developers of niche technologies. Oracle, Google Cloud, Microsoft, IBM, Hewlett Packard Enterprise, Salesforce, and Ayehu are just some of the companies that work with it.
Here are 10 interesting Facts about TCS.
Number of Employees in TCS
TCS has been named the best place to work in Europe, the Middle East, and Asia. But do you know how many people work for TCS?
As of July 2022, more than 606,331 people work for Tata Consultancy Services all over the world. In 2005, only 45,714 people worked there.
The total number of workers comes from 153 different countries and 55 different nationalities. Over the last four years, TCS has hired between 34% and 40% women on average (Feb 2022). More than 201,000 women are working for the company at the moment.
TCS’s Contibution to the Education Sector
TCS is now the biggest provider of digital education content and training for teachers in K–12 classrooms. They recently announced that Ignite My Future in School, a program that will use computational thinking to change education in the U.S., will begin.
The goal of this program is to help teachers, school leaders, and school districts spread the word about a transdisciplinary approach. It also wants to include computer science in classes like English, Math, Science, Social Studies, and the Arts.
Awards and Recognition
The company is proud of all the awards it has gotten so far. Asiamoney’s 2019 Asia’s Outstanding Companies poll named it the most outstanding company in India. It is #22 on the Forbes 2000 list of the best companies in the world for 2019.
In 2018, Whitelane Research did Europe’s largest independent survey of IT service providers. TCS was ranked #1 for customer satisfaction for the sixth year in a row. TCS is now one of the most well-known companies in the world, and its leadership skills are admired all over the world.
Also, the CEO of the best IT company is the best. In 2018, institutional Investor’s All Asia Executive Team rankings named the company’s CEO “Best CEO.” Also in 2021, TCS won two Microsoft Partner of the Year Awards.
Aid for Cancer Patients via TCS
Do you know that giving is the most grace-filled thing you can do? TCS does.
When giving back to the community, TCS is always in the lead. The TATA trusts have decided to give Rs. 1000 crore to help improve cancer care facilities and make it easier for people in Rajasthan, Jharkhand, Uttar Pradesh, and Andhra Pradesh to get treatment.
It also promised to spend almost Rs. 1200 crore to build new cancer facilities and improve the ones that are already there in 2018. This will help patients get better treatment closer to them. It also wants to build four new hospitals and health centers for people with cancer.
Research and Development Boom
The Tata Research Development and Design Center is called (TRDCC)
TCS is proud to have been the first company to open the first software research center in Pune.Tata Research Development and Design Center (TRDCC) does research in software engineering, process engineering, and machine learning.
Today, TRDCC is the innovation center at TCS with the most R&D space. The center came up with a great idea when it came up with a cheap water purifier that can be made with materials that are already in the area. Swach came to be the name of the project (formerly known as Sujal).
TCS Vaccination League
In the hot summer of 2021, everyone was talking about the same thing: how to schedule a time to get the Covid 19 vaccine. At that time, TCS got an internal email about a company-wide drive to get people to sign up for vaccines. TCS immediately signed up for this project.
For this mass vaccination program, more than 60 TCS sites were set up in 20 cities, and 330 medical partner sites were set up in 30 cities.
Milind Lakkad, EVP and CHRO of TCS said, “Through the TCS Vaccination League, we made sure that our employees and their families could get Covid-19 vaccinations in a safe and clean environment in a massive exercise that took place in metros and tier 2/3 cities all over India.”
The CEO of TCS Rajesh was ranked ‘Best CEO’ in Institutional Investor’s All Asia Executive Team rankings 2018.
Donation to Harvard Business School
Have you heard about HBS and how TCS gave the most money to it?
In 2013, the Dorabji Tata Trust and the Tata Education and Development Trust gave $50 million (Rs 220 crore) to Harvard Business School in Boston, USA. This money came from the Tata Group. In the School’s 102-year history, the Group became the biggest donor ever.
But Tata Trusts was accused of giving more money to Harvard than to less well-off Indian universities. It was said that trusts were breaking tax laws in a very clear way. It has said that the accusations and any misuse of exemptions are not true.
The argument was supported by the fact that HBS has taught more than 400 MBAs and more than 2200 executives and senior government leaders from India.
TATA NANO: Discontinuation
Have you heard about the fuss that Nano cars caused in 2008? TCS gets the credit for it.
Tata Motors was first sold for Rs 1 lakh at the Delhi Auto Show in 2008. Ratan Tata made a cheap car that Indian families could trade in for their motorcycles, but it turned out to be a loser.
The company also said that putting this car on the market was a huge mistake. Unfortunately, the company didn’t make any Nanos in 2019, and there were no sales on the domestic market in January 2018.
Invests in Start Ups
Can you name all the startups that TCS has put money into?
In Ratan Tata’s words “If you want to walk fast, walk alone. But if you want to go far, you should walk with others.” Ratan Tata has a unique way of investing and getting money, as all of the companies he has put money into so far have become giants in their fields.
He has put money into many new companies, including Ola, Paytm, Lenskart, Abra, Urban Clap, Xiaomi, Infinite Analysis, and Zivame. Tata’s investments in these companies helped them get more attention and money. Tata is a big and growing company because of his strategy for investing in growth and business development.
In FY21, the company spent Rs. 3,000,000.
These are some things you should know about Tata Consultancy Services. We hope that TCS goes deeper into business and always sticks to the five rules that it has been using since it started.
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