Tata Consultancy Service(Mnc Company)

Topics: Tata Consultancy Services, Mumbai, Business process outsourcing Pages: 5 (1578 words) Published: August 13, 2013
Tata Consultancy Services Limited (TCS) (BSE: 532540, NSE: TCS) is an Indian multinational information technology (IT) services, business solutions and consulting company headquartered in Mumbai, Maharashtra. TCS is a subsidiary of the Tata Group and is listed on the Bombay Stock Exchange and the National Stock Exchange of India. It is one of India's most valuable companies and is the largest India-based IT services company by 2012 revenues. The company is the largest India-based IT services company by employee count as well. HISTORY

1968 to 2000
Tata Consultancy Services (TCS) was founded in 1968. Its early contracts included providing punched card services to sister company TISCO (now Tata Steel), working on an Inter-Branch Reconciliation System for the Central Bank of India, and providing bureau services to Unit Trust of India. In 1975, TCS conducted its first campus interviews, held at IISc, Bangalore. The recruits comprised 12 Indian Institutes of Technology graduates and three IISc graduates, who became the first TCS employees to enter a formal graduate trainee programme. In 1979, TCS delivered an electronic depository and trading system called SECOM for the Swiss company SIS SegaInterSettle. TCS followed this up with System X for the Canadian Depository System and automating the Johannesburg Stock Exchange. TCS associated with a Swiss partner, TKS Teknosoft, which it later acquired. In 1981, TCS established India's first dedicated software research and development centre, the Tata Research Development and Design Centre (TRDDC) in Pune. In 1985 TCS established India's first client-dedicated offshore development centre, set up for client Tandem. In the early 1990s the Indian IT outsourcing industry grew rapidly due to the Y2K bug and the launch of a unified European currency, Euro. TCS created the factory model for Y2K conversion and developed software tools which automated the conversion process and enabled third-party developer and client implementation. 2000 to present

By 2004, TCS's e-business activities were generating over US$500 million in annual revenues. On 25 August 2004 TCS became a publicly listed company. In 2005 TCS became the first India-based IT services company to enter the bioinformatics market. In 2006 TCS designed an ERP system for the Indian Railway Catering and Tourism Corporation. In 2008 TCS undertook an internal restructuring exercise which aimed to increase the company's agility. TCS entered the small and medium enterprises market for the first time in 2011, with cloud-based offerings. On the last trading day of 2011, TCS overtook RIL to achieve the highest market capitalisation of any India-based company. In the 2011/12 fiscal year TCS achieved annual revenues of over US$10 billion for the first time PRODUCTS AND SERVICE

TCS and its subsidiaries provide a wide range of information technology-related products and services including application development; business process outsourcing; capacity planning; consulting; enterprise software; hardware sizing; payment processing; software management; and technology education services. SERVICE LINE

TCS services are currently organised into the following service lines (percentage of total TCS revenues in the 2011/12 fiscal year generated by each respective service line is shown in parentheses): * Application development and maintenance (44.75%);

* Asset leverage solutions (3.84%);
* Assurance services (7.45%);
* Business intelligence (4.55%);
* Business process outsourcing (11.04%);
* Consulting (2.58%);
* Engineering and Industrial services (4.62%);
* Enterprise solutions (11.11%); and
* IT infrastructure services (10.06%)
The Tata Consultancy Services campus at Lucknow, Uttar Pradesh. IndiaTCS has development centres and/or regional offices in the following Indian cities: Ahmedabad, Mangalore, Bangalore, Baroda,...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Tata Consultancy Company Essay
  • Tata Consultancy Services Essay
  • Tata Consultancy Services Essay
  • Essay about Strategic Management
  • Tata Consultancy Services Essay
  • Tata Consultancy Services Essay
  • Tata Consultancy Services Essay
  • tata consultancy service Essay

Become a StudyMode Member

Sign Up - It's Free