Professional Documents
Culture Documents
On
TCS
Submitted to
Varanasi
MASTERS OF COMMERCE
BATCH 2022-2024
Submitted to Submitted by
( Association Professor)
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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
Date: Signature
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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
2. Executive Summary 4
3. Industry Overview 6
4. Objective 7-8
6. Investment/ Development 11
7. government initiatives 12
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E XECUTIVE SUMMARY
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
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
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
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
- Business Process Outsourcing (BPO): Providing outsourcing services for various business
- Consulting Services: Offering advisory and consultancy services to help clients with digital
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
5. Innovation and Technology: TCS has consistently invested in research and development to stay
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.
positive impact on society through its CSR initiatives. The company focuses on education,
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
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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
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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
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.
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.
development solutions. This acquisition will help TCS to expand its offerings in the
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
These developments are indicative of TCS's continued growth and innovation. The
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.
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