A MINI PROJECT-2 REPORT

On

TCS

Submitted to

Mahatma Gandhi kasha vidyapeeth

Varanasi

For the partial fulfilment of

MASTERS OF COMMERCE

BATCH 2022-2024

Submitted to Submitted by

Prof. Amit kumar yadav Neha maurya

( Association Professor)

Kashi Naresh Government Post Graduate College

Sant Ravidas Nagar Bhadohi, Gyanpur

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 Abstract

Tata Consultancy Services (TCS) is a leading global IT solutions company with a rich history of
innovation. With a diverse range of services, including software development, cloud solutions, AI,
and more, TCS caters to clients worldwide. Its client-centric approach ensures tailored solutions to
meet specific business needs. TCS's commitment to research, innovation, and sustainability further
solidifies its position as a reliable and responsible partner in the IT industry.

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 C ERTIFICATE

This is to certify that I Neha maurya who has worked and completed her Dissertation work

of M.com 1st semester on title “Tata Consultancy Services (TCS) ”.Under the supervision of

Amit Kumar Yadav (Assistant Professor). It is my own work and facts reported by my personal

findings and investigations and from some research papers

Date: Signature

Place: Bhadohi ……………

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 A CKNOWLEDGEMENT

It is great pleasure for me to undertake this dissertation , I feel highly doing the project entitled
“Tata Consultancy Services (TCS)”.
I am grateful to my project guide Amit kumar yadav (Assistant Professor) for his valuable
guidance and encouragement at various stage of my dissertation without whom this project could
not have been successfully completed.
I am thankful to all my friends and family for there support and also to all the faculty members of
kngpg college, mahatma Gandhi Kashi Vidyapith University,Varanasi.

………………………

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 TABLE OF CONTENT

S. No INDEX Page No.

1. Acknowledgement 3

2. Executive Summary 4

3. Industry Overview 6

4. Objective 7-8

5. Market size 9-10

6. Investment/ Development 11

7. government initiatives 12

8. Competitive Analysis 13-14

9. products/ operations & technology 15-16

10. Swot Analysis 17-19

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 E XECUTIVE SUMMARY

Tata Consultancy Services (TCS) is an Indian multinational information technology (IT)

services, consulting, and business solutions company. It is one of the largest IT services firms

globally and is a part of the Tata Group, one of India's oldest and most respected

conglomerates. Founded in 1968, TCS has grown to become a leading player in the IT

industry with a strong global presence.

Here's a detailed introduction to Tata Consultancy Services:

1. History and Founding: TCS was established in 1968 by Tata Sons Limited, the promoter of the

Tata Group, as a division to provide computer services to other group companies. It began as the

"Tata Computer Centre" and later renamed itself as Tata Consultancy Services in 1974. The

company's early years involved collaborations with international firms like Burroughs

Corporation (now Unisys) and IBM to develop IT capabilities in India.

2. Growth and Expansion: TCS quickly emerged as a pioneer in the Indian IT sector during the

1980s and 1990s. It contributed significantly to the growth of India's IT industry and played a

crucial role in positioning India as a global IT outsourcing destination. With the liberalization of

India's economy, TCS began to expand its services beyond the country's borders, establishing a

presence in several countries worldwide.

3. Business Lines and Services: TCS provides a wide range of IT services, consulting, and

business solutions to various industries, including banking and financial services, healthcare,

telecommunications, manufacturing, retail, and more. Some of its key services include:

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 - Application Development and Maintenance: Designing, developing, and maintaining software

applications tailored to client needs.

- IT Infrastructure Services: Managing and optimizing IT infrastructure for clients, including

cloud services, cybersecurity, and data centers.

- Business Process Outsourcing (BPO): Providing outsourcing services for various business

processes such as finance, human resources, and customer support.

- Consulting Services: Offering advisory and consultancy services to help clients with digital

transformation, business strategies, and technology adoption.

4. Global Presence: TCS has a widespread global footprint with offices and delivery centers in

numerous countries. It follows a global delivery model to provide cost-effective and efficient

services to its clients worldwide. TCS operates onshore, offshore, and nearshore delivery centers

to meet diverse client requirements.

5. Innovation and Technology: TCS has consistently invested in research and development to stay

at the forefront of technological advancements. It focuses on emerging technologies such as

artificial intelligence (AI), machine learning, data analytics, internet of things (IoT), blockchain,

and more. TCS leverages these technologies to develop innovative solutions for its clients.

6. Corporate Social Responsibility (CSR): Tata Consultancy Services is committed to making a

positive impact on society through its CSR initiatives. The company focuses on education,

healthcare, environment, and community development to uplift and empower marginalized

communities.

7. Recognition and Awards: Over the years, TCS has received numerous awards and accolades

for its business practices, corporate governance, and environmental sustainability efforts. It has

consistently been ranked among the top IT services companies globally.

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TCS continues to be a leading player in the IT services industry, contributing to the growth of the

digital economy and helping organizations worldwide in their digital transformation journeys.

With its commitment to excellence, innovation, and social responsibility, TCS remains a

prominent name in the global IT landscape.

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 Recent development of TCS

TCS has been on a recent growth trajectory, with its annual revenue increasing from

1.8 trillion Indian rupees in 2022 to 2.25 trillion Indian rupees in 2023. This growth

has been driven by a number of factors, including:

The increasing adoption of cloud computing by businesses around the world. TCS is a

leading provider of cloud services, and this has helped to drive its growth. In 2023,

TCS's cloud business grew by 40%, and the company now has over 1,000 cloud

clients.

The growing demand for digital transformation services. TCS is a leader in this space,

and its ability to help businesses transform their operations digitally has been a major

driver of its growth. In 2023, TCS's digital transformation business grew by 35%.

The expansion of TCS's global footprint. TCS has a strong presence in India, but it has

also been expanding its operations in other countries around the world. In 2023, TCS

opened new offices in 10 countries, including the United States, the United Kingdom,

and China.

In recent months, TCS has announced a number of new developments, including:

The launch of its new "TCS TwinX" platform, which is designed to help businesses

build and deploy digital twins. Digital twins are virtual replicas of physical assets, and

they can be used to improve the design, operation, and maintenance of those assets.

The acquisition of Accelerate360, a leading provider of cloud-based learning and

development solutions. This acquisition will help TCS to expand its offerings in the

cloud-based learning and development market.

The launch of its new "TCS Digital Quotient" program, which is designed to help

businesses assess their digital maturity. This program will help businesses to identify

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their strengths and weaknesses in the digital space, and to develop a plan to improve

their digital maturity.

These developments are indicative of TCS's continued growth and innovation. The

company is well-positioned to continue to grow in the years to come, as businesses

around the world continue to adopt digital technologies.

In addition to the developments mentioned above, TCS has also been recognized for

its innovation and leadership in the IT services industry. In 2023, TCS was named a

Leader and a Star Performer in Microsoft Dynamics 365 Services by Everest Group.

TCS was also positioned as a Market Leader in Data Modernization Services by HFS

Research.

These recognitions show that TCS is continuing to be recognized as a leader in the IT

services industry. The company is well-positioned to continue to grow and innovate in

the years to come.

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