Tata Consultancy Services (TCS) (0/5)
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Tata Consultancy Services Limited (TCS) is an Indian software services and consulting company. It is one of India’s oldest and largest providers of information technology and business process outsourcing services. As of 2007, it is Asia’s largest information technology firm. The company is listed on the National Stock Exchange and Bombay Stock Exchange in India.
TCS is part of one of Asia’s largest conglomerates, the Tata Group, which has interests in areas such as energy, telecommunications, financial services, manufacturing, chemicals, engineering, materials, government and healthcare.
Tata Consultancy Services was established in the year 1968. It began as the “Tata Computer Centre”, a division of the Tata Group, whose main business was to provide computer services to other group companies. However, the potential of computerization and computer services was realized early on, and an electrical engineer from the Tata Electric Companies, Fakir Chand Kohli, was brought in as the first General Manager. Soon after, the company was named Tata Consultancy Services. TCS’s first software export project was undertaken in 1974 when it converted the Hospital Information System from Burroughs Medium Systems COBOL to Burroughs Small Systems COBOL. This project was carried out entirely in TCS Mumbai on the ICL 1903 Computer. In 1980, TCS and a sister concern accounted for 63% of the Indian software industry exports, $4 million shared by 21 firms. In 1984, TCS set up an office in the Santacruz Electronics Export Processing Zone (SEEPZ) – Mumbai.
The early 1990s saw a tremendous surge in TCS’s business, which also resulted in a massive recruitment drive by the company. In early and mid-1990s, TCS re-invented itself to become a software products company. In the late 1990s, to accelerate its revenue growth, TCS decided to employ a three-pronged strategy – developing new products with high revenue earning potential, tapping domestic and other fast growing markets and focusing on inorganic growth through mergers & acquisitions. In late 1998, the company decided to concentrate on new revenue opportunities including Y2K and Euro conversion. E-business was a major area of focus in the late 1990s.
In 1999, TCS started an annual IT Quiz called TCS IT WIZ in India. It has been a great success and a matter of craze among young students inclined towards IT while in 2004, TCS became a publicly listed company. In 2008 Tata Consultancy Services was involved in a variety of industries. Some of these included telecom, government, insurance, manufacturing, high tech, and banking and financial services. They offer product life cycle management and systems integration to their customers.
TCS has continuously been contributing towards the nation wide development for the Government of India. In an effort to improve passport services in India, the government of India signed a contract with Tata Consultancy Services (TCS) on Monday (October 13′08) for starting the Passport Seva project, which is aimed at automating and expediting the delivery of passports in India. TCS launched a mission-mode e-governance project, MCA-21, for the Ministry of Corporate Affairs, Government of India, and has created an automated solution for the National Rural Employment Guarantee scheme that reduces waste and corruption. TCS is also a part of National Skills Registry (NSR), a centralized database of all employees of the IT services and BPO companies in India. The objective of NSR is to improve recruitment practices in IT and BPO industry, which will in turn help in maintaining India’s global competitive advantage. TCS has designed a new software to help the National Literacy Mission in its goal of eradicating illiteracy in India. The software is geared towards letting illiterate adults learn to read a language by words instead of alphabets and turn them into functional literates who can at least read simple newspaper headlines, signboards, directions etc.
TCS topped the DataQuest DQTop20 list of IT Services providers in India for 2008. TCS also ranked among Top 25 in Business Week’s 2007 Information Technology 100. In 2007, TCS was awarded top position in 2007 “Global Services” 100 ‘Top 10 Best Performing IT Services providers’ category.
Offices and development centres
Indian branches:
TCS has development centres and/or regional offices in the following Indian cities:
Ahmedabad, Bangalore, Vadodara, Bhubaneswar, Chennai, Coimbatore, Delhi, Gandhinagar, Goa, Gurgaon, Hyderabad, Jamshedpur, Kochi, Kolkata, Lucknow, Mumbai,Noida, Pune, Siruseri, Kanpur Thiruvananthapuram,Visakhapatnam Shollingnallur.
Global units:
Africa: South Africa, Morocco
Asia (outside India):Bahrain, China, Hong Kong, Indonesia, Israel, Japan, Macau, Malaysia, Saudi Arabia, Singapore, South Korea, Taiwan, Thailand, UAE
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
List of acquisitions:
TCS has done a number of acquisitions in the past, both in India and abroad. Some of the key acquisitions being:
- CMC – IT Services (October 2001)
- Airline Financial Support Services India (AFS) – BPO (January 2004)
- Aviation Software Development Consultancy India (ASDC) – BPO (May 2004)
- Phoenix Global Solutions – BPO (May 2004)
- Swedish Indian IT Resources AB (SITAR) – IT Services (May 2005)
- Pearl Group – Insurance (October 2005)
- FNS – Core Banking Product (October 2005)
- Comicrom – Banking BPO (November 2005)
- Tata Infotech – IT Services (February 2006)
- TCS Management – IT Services (November 2006)
- TKS-Teknosoft – Banking Product (November 2006)
- Citigroup Global – BPO (October 2008)
Subsidiaries:
TCS’ directly-held subsidiaries include:
- AP Online Limited (India)
- C-Edge Technologies Limited (India)
- CMC Limited (India)
- Diligenta Limited (UK)
- Exegenix Canada Inc. (Canada)
- Tata America International Corporation (USA)
- Tata Consultancy Services Asia Pacific Pte Limited (Singapore)
- Tata Consultancy Services Belgium S.A. (Belgium)
- Tata Consultancy Services Deutschland GmbH (Germany)
- Tata Consultancy Services France S.A. (France)
- Tata Consultancy Services Netherlands B.V. (Netherlands)
- Tata Consultancy Services Sverige AB (Sweden)
- Tata Consultancy Services Switzerland Ltd (Switzerland)
- Tata Infotech (Singapore) Pte. Limited * (Singapore)
- Tata Infotech Deutschland GmbH * (Germany)
- TCS FNS Pty. Limited (Australia)
- TCS Iberoamerica S.A. (Uruguay)
- WTI Advanced Technology Limited (India)
TCS’ indirectly held subsidiaries include:
- CMC Americas Inc. (USA)
- Swedish Indian IT Resources AB (Sweden)
- Tata Information Technology (Shanghai) (China)
- Tata Consultancy Services Solution Center S.A. (Uruguay)
- TCS Argentina S.A. (Argentina)
- TCS Brazil S/C Limitada (Brazil)
- Tata Consultancy Services de Mexico S.A. De. C.V. (Mexico)
- TCS Inversiones Chile Limitada (Chile)
- Tata Consultancy Services de Espana S.A. (Spain)
- Tata Consultancy Services Do Brasil S.A. (Brazil)
- Tata Consultancy Services Chile S.A. (Chile)
- TCS Italia SRL (Italy)
- Tata Consultancy Services Japan Limited (Japan)
- Tata Consultancy Services Malaysia SDN. BHD. (Malaysia)
- Tata Consultancy Services Luxembourg S.A Capellen (G.D. de Luxembourg)
- Tata Consultancy Services Portugal Unipesoal Limitada (Portugal)
- Tata Consultancy Services Chile Limitada (Chile)
- Comicrom S.A. (Chile)
- Sisteco S.A. (Chile)
- Syscrom S.A. (Chile)
- Pentacrom S.A. (Chile)
- Pentacrom Servicios S.A. (Chile)
- Custodia De Documentos Intres Limitada (Chile)
- Financial Network Services (Holdings) Pty Limited (Australia)
- Financial Network Services Pty Limited (Australia)
- Financial Network Services (Facilities Management) Pty Limited (Australia)
- Financial Network Services (Europe) plc (UK)
- Financial Network Services Malaysia Sdn Bhd (Malaysia)
- TCS Financial Network Services (Indonesia)
- Chong Wan Investments Limited (Hong Kong)
- Financial Network Services (Africa) Pty Ltd. (South Africa)
- Financial Network Services Chile Limitada (Chile)
- Financial Network Services (H.K.) Limited (Hong Kong)
Alliances:
TCS has alliances with: Adobe, Amdocs, ATG, BEA, Business Objects, Cognos, Cordys, EMC2 Documentum, HP, Hyperion, IBM, Informatica, Intel, Mercury, Interactive, Microsoft, Microstrategy, Oracle: Global Integrator Certified Advantage Partner, Red Hat, SAP: Global Services Partner, SAS, Software AG, Sun, Tibco, Vignette.
Registered Office:
Tata Consultancy Services
TCS House,
Corner of Hazarimal Somani Marg & Raveline street,
Near Sterling Cinema,
Fort,
Mumbai – 400 001.
India.
Tel: +91-22-67789999
Fax: +91-22-67789000
Corporate Office:
Tata Consultancy Services
Air-India Building,
11th Floor Nariman Point,
Mumbai – 400 021.
India
Tel: +91-22-67509999
Fax: +91-22-67509344
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