Tata Consultancy Services

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Tata Consultancy Services Limited

Type

Public company

Traded as

BSE: 532540 NSE: TCS

Industry

IT services IT consulting

Founded

1968

Headquarters

Mumbai, Maharashtra, India

Area served

Worldwide

Key people

Ratan Tata (Chairman) S Ramadorai (VC) N. Chandrasekaran ("Chandra") (CEO & MD)

Products

TCS Bancs Digital Certification Products Healthcare Management Systems

Services

Outsourcing BPO Software Products

Revenue

US$ 8.355 billion (2011)[1]

Profit

US$ 2.024 billion (2011)[1]

Total assets

US$ 7.215 billion (2011)[1]

Total equity

US$ 5.499 billion (2011)[1]

Employees

2,02,039 (Q1, 2011)[1]

Parent

Tata Group

Website

TCS.com

Tata Consultancy Services Limited (TCS) (BSE: 532540, NSE: TCS) is an Indian IT services, business solutions and outsourcing company headquartered in Mumbai, India. It is the largest provider of information technology in Asia and second largest provider of business process outsourcing services in India.[2][3] TCS has offices in over 42 countries with more than 142 branches across the globe and is a subsidiary of India's Largest Industrial conglomerate Tata Group. History It began as the "Tata Computer Centre", for the company Tata Group whose main business was to provide computer services to other group companies. F C Kohli was the first general manager. J. R. D. Tata was the first chairman, followed by Pankaj Roy.[citation needed] One of TCS' first assignments was to provide punched card services to a sister concern, Tata Steel (then TISCO). It later bagged the country's first software project, the Inter-Branch Reconciliation System (IBRS) for the Central Bank of India.[4] It also provided bureau services to Unit Trust of India, thus becoming one of the first companies to offer BPO services. In the early 1970s, Tata Consultancy Services started exporting its services. The company pioneered the global delivery model for IT services with its first offshore client in 1974. TCS's first international order came from Burroughs, one of the first business computer manufacturers. TCS was assigned to write code for the Burroughs machines for several US-based clients.[5] This experience also helped TCS bag its first onsite project - the Institutional Group & Information Company (IGIC), a data centre for ten banks, which catered to two million customers in the US, assigned TCS the task of maintaining and upgrading its computer systems.[5]

Bombay House, the head office of Tata Group

In 1981, TCS set up India's first software research and development centre, the Tata Research Development and Design Center (TRDDC) in Pune.[6] The first client-dedicated offshore development center was set up for Compaq (then Tandem) in 1985. In 1979, TCS delivered an electronic depository and trading system called SECOM for SIS SegaInterSettle, Switzerland. It was by far the most complex project undertaken by an Indian IT company. TCS followed this up with System X for the Canadian Depository System and also automated the Johannesburg Stock (JSE).[7] TCS associated with a Swiss partner, TKS Teknosoft, which it later acquired.[8] In the early 1990s, the Indian IT outsourcing industry grew tremendously due to the Y2K bug and the launch of a unified European currency, Euro. TCS pioneered the factory model for Y2K conversion and developed software tools which automated the conversion process and enabled third-party developers and clients to make use of it.[9] In 1999, TCS saw outsourcing opportunity in E-Commerce and related solutions and set up its EBusiness division with ten people. By 2004, E-Business was contributing half a billion dollars (US) to TCS.[10] On 9 August 2004, TCS became a publicly listed company,[11] much later than its rivals, Infosys, Wipro and Mahindra Satyam. During 2005, TCS ventured into a new area for an Indian IT services company - Bioinformatics.[12] In 2008, the company went through an internal restructuring exercise that executives claim would bring about agility to the organization.[13] In 2011, the company entered the Small and medium enterprises (SME) market with cloud-based offerings.[14]

In June 2011, research company on global services, Everest Group; recognised Tata as a leader in large banking applications outsourcing relationships.[15]
Contents
[hide]

1 Operations and acquisitions

1.1 Indian branches 1.2 Global units

2 Innovation and R&D

2.1 Tata Research Development and Design Center

2.2 Innovation

3 Recent news and developments in TCS 4 Employees 5 Recognition 6 References 7 External links

[edit]Operations [edit]Indian

and acquisitions

branches

TCS had development centres and/or regional offices in the following Indian cities: Ahmedabad, Baroda, Bangalore, Bhubaneswar, Chennai, Coimbatore, Goa, Gurgaon, Guwahati, Kochi,Kolkata, Lucknow, Mumbai, Mangalore, Noida, Pune, Thiruvananthapuram, Ja ipur, Jalandhar, Jamshedpur, Hyderabad.[16][17]

[edit]Global

units

Africa: South Africa, Morocco[18] Asia (Outside India): Bahrain, Beijing,[19] Hong Kong, Hangzhou, Shanghai, Indonesia, Israel, Japan, Malaysia, Philippines, [20]Saudi Arabia, Singapore, South Korea, Taiwan, Thailand, UAE (Dubai)[21] Australia: Australia Europe: Belgium, Denmark, Finland, France, Germany, Hungary, Iceland, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom

North America: Canada, Mexico, USA South America: Argentina, Brazil, Chile, Colombia, Ecuador, Uruguay, Peru[22]

[edit]Innovation [edit]Tata

and R&D

Research Development and Design Center

TCS established the first software research center in India, the Tata Research Development and Design Center, in Pune, India in 1981. TRDDC undertakes research in Software engineering, Process engineering and Systems Research. Researchers at TRDDC also developed Master-Craft (now called TCS Code Generator Framework [23]) a Model Driven Development software that can automatically create code based on a model of a software, and rewrite the code based on the user's needs.[24] Research at TRDDC has also resulted in the development of Sujal, a low-cost water purifier that can be manufactured using locally available resources. TCS deployed thousands of these filters in the Indian Ocean Tsunami disaster of 2004 as part of its relief activities.[25] This product has been marketed in India as Tata swach, a low cost water purifier.[26]

[edit]Innovation
In 2007, TCS launched its Co-Innovation Network, a network of TCS Innovation Labs, startup alliances, University Research Departments, and venture capitalists.[27] In addition to TRDDC, TCS has 19 Innovation Labs based in three countries.[28]

processing]], text, data and process analytics, multimedia applications and graphics.

TCS Innovation Lab, Embedded Systems: Medical electronics, WiMAX, and WLAN technologies.

TCS Innovation Lab, Hyderabad: Computational methods in life sciences, meta-genomics, systems biology, e-security, smart card-based applications, Linux and open source,digital media protection, nano-biotechnology, quantitative finance.

TCS Innovation Lab, Mumbai: Speech and natural language processing, wireless systems and wireless applications.

TCS Innovation Lab, Insurance - Chennai: IT Optimization, Business Process Optimization, Customer Centricity Enablers, Enterprise

Mobility, Telematics, Text Analytics, 2D Barcodes, Mashups, Innovation in Product Development and Management (PLM) for Insurance.

TCS Innovation Lab, Chennai: Infrastructure innovation, green computing, Web 2.0 and next-generation user interfaces.

TCS Innovation Lab, Peterborough, England: New-wave communications for the enterprises, utility computing and RFID (chips, tags, labels, readers and middleware).

TCS Innovation Lab: Performance Engineering, Mumbai: Performance management, high performance technology components, and others.

TCS Innovation Lab, Cincinnati, United States: Engineering and Manufacturing IT solutions.

Some of the assets created by TCS Innovation Labs are DBProdem, Jensor,[29] Wanem,[30] Scrutinet, SmartTest Manager. In 2008, the TCS Innovation Lab-developed product, mKrishi, won the Wall Street Journal Technology Innovation Award in the Wireless category.[31] mKrishi is a service that would enable India's farmers to receive useful data on an inexpensive mobile device.[32] TCS' Co-Innovation Network partners include Collabnet, Cassatt, MetricStream, academic institutions such as Stanford, MIT, various IITs, and venture capitalists like Sequoia and Kleiner Perkins.[33]

[edit]Recent

news and developments in TCS

Tata Consultancy Services has managed to receive ten large deals.[34] TCS is planning to hire 50000 associates in 2012.[35] TCS has got contract from Credit Union Australia.[36]Country's largest software firm Tata Consultancy Services (TCS) has received a multi-year, multi-million dollar contract to provide application support, maintenance and development services to US-based Air Liquide.[37]

[edit]Employees
TCS is one of the largest private sector employers in India with a core strength in excess of 200,0000 individuals.[38] TCS has turned into the second-largest employer among listed companies after Coal India Limited.But the biggest employer in the country is Indian Railways with 16 lakhs employees.[39] TCS has one of the lowest attrition rates in the Indian IT industry.[40] In the past and in the present, TCS has been criticised by its employees in Public forums on its Appraisal and Promotion policies.[41]

[edit]Recognition
As a brand, TCS is the 76th Most Trusted Brand according to The Brand Trust Report, 2011.

[edit]References

1. ^ a b c d e "2010 Form 10-K, TCS". Hoover's. 2. ^ "NASSCOM List". Press Release. NASSCOM. 2006-01-23. Retrieved
2009-02-13.

3. ^ "Top 20 IT services exports firms in India". Business.rediff.com. Retrieved

2010-08-12.

4. ^ "Tata Consultancy Services Limited: The Pioneer in the Indian IT

Industry". Case Study. ICMR. 1990-01-01.

5. ^ a b "Tata Consultancy Services Limited: The Pioneer in the Indian IT

Industry". Case Study. ICMR. 1990-01-01.

6. ^ Kanavi, Shivanand (720 June 2004). "Megasoft".Business India: 4654 7. ^ "Indian software keeps Swiss securities safe". Swissinfo.com. 2002-01-14. 8. ^ "TCS acquires TKS Teknosoft". The Financial Express. 11 January 2006. 9. ^ "IT Man of the Year: Standing Tall". Cover Story. Dataquest India. 2004-1222.

10. ^ Kanavi, Shivanand (720 June 2004). "Megasoft".Business India: 52 11. ^ "Star Performer Goes Public". Editorial (Chennai, India: The Hindu). 200406-14.

12. ^ "TCS launches the countrys first bioinformatics product". The Indian
Express. 8 February 2004.

13. ^ "Eye on future, TCS in revamp mode". Hindustan Times. 12 February 2008. 14. ^ "TCS targets SME market with cloud computing".Computer Weekly. 15
February 2011.fdaf

15. ^ "Everest Group Positions Tata Consultancy Services as a Leader in

Banking Applications Outsourcing - Yahoo! Finance". finance.yahoo.com. 2011 [last update]. Retrieved 9 August 2011.

16. ^ http://abhisays.com/sofware-companies/office-locations-of-tcs-in-india.html 17. ^http://www.tcs.com/worldwide/india/Pages/default.aspx 18. ^ "TCS plans Morocco foray with 500-strong unit". Express Online. 12
October 2006.

19. ^ "China Joint Venture with Tata Consultancy Services". China Economic
Review. 2007-12-18.

20. ^ [1] 21. ^http://www.tcs.com/worldwide/middle_east_africa/locations/uae/Pages/defa

ult.aspx

22. ^ "TCS bets on growing economy of Peru". Times of India. 2010-07-25. 23. ^ [2][dead link] 24. ^ "When Outsourcing Loses Human Element". International Herald Tribune.
2005-05-27.

25. ^ "Improving Our World - IEEE Annual Report(page 4)". IEEE. 2005. 26. ^ "Tata launches Swach water filters". Deccanherald.com. Retrieved 201008-12.

27. ^ "TCS launches its Co-Innovation Network". Financialexpress.com. 2007-0118. Retrieved 2010-07-16.

28. ^ "Innovation Labs". TCS. Retrieved 2010-07-16. 29. ^ "Jensor released as Open Source". Jensor.sourceforge.net. Retrieved
2010-08-30.

30. ^ "Wanem released as Open Source". Wanem.sourceforge.net. Retrieved

2010-08-30.

31. ^ Totty, Michael (2008-09-29). "The 2008 Technology Innovation Awards WSJ.com". Online.wsj.com. Retrieved 2010-07-16.

32. ^ "Innovation Labs". TCS. Retrieved 2010-07-16. 33. ^ "Co-Innovation Network". TCS. Retrieved 2010-07-16. 34. ^ http://www.topnews.in/tcs-bags-10-new-large-deals-2259153 35. ^ http://www.latestwalkin.com/2011/03/10/news-tata-consultancy-services-ltdtcs-is-planning-to-hire-50000-associates-in-2012/

36. ^http://www.moneycontrol.com/news/buzzingstocks/tcsgetscontractcreditunio
naustralia;stockup_532351.html

37. ^ The Times Of India.http://economictimes.indiatimes.com/tech/ites/tcs-bagsmulti-million-dollar-contract-from-air-liquide/articleshow/7843270.cms.

38. ^ "Cyber Media". Cyber Media. 2008-09-19. Retrieved 2010-07-16. 39. ^http://www.telegraphindia.com/1110509/jsp/business/story_13957686.jsp 40. ^ "TCS Delivers Growth, Maintains Operating Margins in Q1; Revenues at
$1.5b, Up 21%...". Reuters. 2008-07-16. Retrieved 2010-07-16.

41. ^ "TCS Employee discussions on Appraisal,HR policies". Dexternights. 201003-10. Retrieved 2011-01-10.

[edit]External

links

Tata Consultancy Services website TCS Certifying Authority TCS Advanced Technology Center (ATC) TCS in Tata Group SME Industry Solutions(TCS iON)
Companies portal [show]v d eTata Group

[show]v d e

BSE SENSEX companies of India

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Heritage and Values

Established in 1968, Tata Consultancy Services has grown to its current position as the largest IT services firm in Asia on the basis of its outstanding service record, collaborative partnerships, innovation and corporate responsibility.

Contact us

Heritage and Values

Established in 1968, Tata Consultancy Services has grown to its current position as the largest IT services firm in Asia on the basis of its outstanding service record, collaborative partnerships, innovation and corporate responsibility. We are proud of our heritage as part of the Tata Group, which founded by Jamsetji Tata in 1868 is one of Indias most respected institutions today. Our mission reflects the Tata Group's longstanding commitment to providing excellence: 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. Our values: Leading change, Integrity, Respect for the individual, Excellence, Learning and sharing. Our ability to deliver high-quality services and solutions is unmatched. We are the worlds first organization to achieve an enterprise-wide MaturityWe are proud of our heritage as part of the Tata Group, which founded by Jamsetji Tata in 1868 is one of Indias most respected institutions today. Our mission reflects the Tata Group's longstanding commitment to providing excellence:

Heritage and Values

Established in 1968, Tata Consultancy Services has grown to its current position as the largest IT services firm in Asia on the basis of its outstanding service record, collaborative partnerships, innovation and corporate responsibility. We are proud of our heritage as part of the Tata Group, which founded by Jamsetji Tata in 1868 is one of Indias most respected institutions today. Our mission reflects the Tata Group's longstanding commitment to providing excellence: 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. Our values: Leading change, Integrity, Respect for the individual, Excellence, Learning and sharing.

Our ability to deliver high-quality services and solutions is unmatched. We are the worlds first organization to achieve an enterprise-wide Maturity Level 5 on both CMMI and P-CMM, using SCAMPISM, the most rigorous assessment methodology. Additionally, TCS Integrated Quality Management System (iQMS) integrates process, people and technology maturity through various established frameworks and practices including IEEE, ISO 9001:2008, CMMI, P-CMM , ISO 27001, ISO 20000, ISO 14001, OHSAS 18001 and Six Sigma. To learn more about the Tata Groups 150+ years of history, please click the link belo 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. Our values: Leading change, Integrity, Respect for the individual, Excellence, Learning and sharing. Our ability to deliver high-quality services and solutions is unmatched. We are the worlds first organization to achieve an enterprise-wide Maturity Level 5 on both CMMI and P-CMM, using SCAMPISM, the most rigorous assessment methodology. Additionally, TCS Integrated Quality Management System (iQMS) integrates process, people and technology maturity through various established frameworks and practices including IEEE, ISO 9001:2008, CMMI, P-CMM , ISO 27001, ISO 20000, ISO 14001, OHSAS 18001 and Six Sigma. To learn more about the Tata Groups 150+ years of history, please click the link belo