Edition: International
Thursday 08 May, 2025
BREAKING NEWS

Defence Minister Briefs Oppn on Operation Sindoor, All Parties Laud Armed Forces

  • News
    • Kochi
    • Trivandrum
    • Kozhikode
  • Sports
  • Business
  • Health
  • Entertainment
    • E24hrs
    • Cinema
    • Directors
    • Actors
  • Education
    • Career
  • Automobile
  • Personalities
    • Political Leaders
  • Religion
    • Christian
      • Catholic
      • Latin Catholic
      • Syro Malabar
    • Hindu
    • Islam
  • Environment
  • More
    • Food
    • Wellness
    • Lifestyle
    • Beauty & Fashion
    • Fitness
    • Mental Health
    • Yoga
    • Video
  • മലയാളം
BREAKING NEWS
100Days: Thirike, Neestream and Gopi Make their Way into the India Book of Records
ACC and Adani Foundation Empower Rural Youth Through Skill development
Lux Cozi Steps Boldly into Women’s Wear with Pynk
India Neutralises Pakistan Air Defence System in Major Retaliatory Strike
15 Civilians Killed in Pakistan’s Heavy Shelling Along J&K LoC
Operation Sindoor: Pakistan Shuts Down Flight Operations in Major Cities
    • News
      • Kochi
      • Trivandrum
      • Kozhikode
    • Sports
    • Business
    • Health
    • Entertainment
      • E24hrs
      • Cinema
      • Directors
      • Actors
    • Education
      • Career
    • Automobile
    • Personalities
      • Political Leaders
    • Religion
      • Christian
        • Catholic
        • Latin Catholic
        • Syro Malabar
      • Hindu
      • Islam
    • Environment
    • More
      • Food
      • Wellness
      • Lifestyle
      • Beauty & Fashion
      • Fitness
      • Mental Health
      • Yoga
      • Video
    • മലയാളം
  • Business
  • TCS Rises to Become Second Most Valuable IT Services Brand Worldwide

    By NE Reporter on January 27, 2022

    MUMBAI:
    Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) has become the second most valuable brand in the IT services sector globally, according to Brand Finance, the world’s leading brand valuation firm.

    According to the Brand Finance 2022 Global 500 IT Services Ranking report, TCS grew its brand value by $1.844 billion (12.5%) to $16.786 billion over the last 12 months. This growth is attributed to the company’s investments in its brand and its employees, customer equity and strong financial performance.

    TCS has made consistent, long-term efforts over the past decade to increase its brand value, including investing in major brand sponsorships. In 2021 alone it added the TCS London Marathon and the TCS Toronto Waterfront Marathon to its roster of 11 running sponsorships, announced its partnership for the Jaguar TCS racing team in Formula-E motorsports, and forayed into golf by partnering with the Dutch Open.

    The company has also made significant investments in its brand by developing its Building on Belief brand positioning to articulate its mission and relationship with customers as it embarks on its next decade of transformation-led growth. Its employer brand and reputation for employee care also contributed to its enhanced ranking.

    TCS’ sustained investments in building deep capabilities on new technologies, research and innovation, intellectual property, and customer-specific contextual knowledge have made it the preferred growth and transformation partner to leading corporations across the world. Strong revenue growth in 2021 saw TCS cross an important milestone, hitting $25 billion in revenue for the first time, with an industry-leading operating profit margin of over 25%.

    David Haigh, CEO and Chairman, Brand Finance, said: “TCS continues to rise up the IT services rankings to become the second most valuable brand in the sector for the first time. This great achievement is the result of strong financial growth, strong and continued investments in a new global brand positioning last year, further investment in sponsorship platforms such as TCS London Marathon, TCS Waterfront Marathon in Canada, but also new sports such as golf and a move into Formula-E with the Jaguar TCS Racing Team. I also see TCS’ focused commitment to serving the needs of its employees, customers, and communities, which always – in the long run – drives brand performance. Congratulations to TCS!”

    “We are delighted and proud to be named among the top two in the Brand Finance 2022 Global 500 IT Services Ranking report. The ranking is a landmark milestone for us and a validation of our increased market relevance and focus on innovation and transformation of our clients, their customers, and the larger community. This recognition is also a testimony to our employees, who are our true brand custodians, and the belief with which they have rallied for us over the years,” said Rajashree R, CMO, TCS.

    “2021 was a historic year for Brand TCS as we launched our new brand positioning — Building on belief which captures our aspirations and convictions. With our differentiated ‘customer focused’ strategy, superior execution, investments in building newer capabilities and sustained focus on research and innovation over the last decade, we are indeed well positioned to capitalize on the multi-year technology transformation opportunities that lie ahead.”

    NE Reporter

    Brand Financebrand valuationTata Consultancy ServicesTCSTCS London Marathon

    more recommended stories

    • Lux Cozi Steps Boldly into Women’s Wear with Pynk

      MUMBAI:Lux Industries Limited, (BSE: 539542 |.

    • Ente Keralam: KSUM Showcases Futuristic Vision of State’s Startup Ecosystem

      MALAPPURAM:The pavilion of Kerala Startup Mission.

    • InCred Group Launches Brand Campaign ‘Ask InCred’

      MUMBAI:InCred, the new-age diversified financial services.

    • Jafza Marks 40 Years as a Gateway for Indian Businesses

      KOCHI:The Jebel Ali Free Zone (Jafza).

    • Ente Keralam: KSUM Showcases Futuristic Vision of State’s Startup Ecosystem

      ALAPPUZHA:The pavilion of Kerala Startup Mission.

    • NPCI Bharat BillPay Onboards Airtel Payments Bank

      MUMBAI:NPCI Bharat BillPay (NBBL), a wholly.

    • Aster DM Healthcare Completes Acquisition of 5% Stake in Quality Care India Limited

      KOCHI:Aster DM Healthcare, one of the.

    • Godrej Supports Renewable Energy Transition in Northeast India’s FMCG Industry

      MUMBAI:In a significant advancement supporting India’s.

    • Ed-a-Mamma Opens Doors to its First Store in Bengaluru

      BENGALURU:Ed-a-Mamma, the homegrown sustainable clothing and.

    • Signify Inaugurates the 321st Philips Smart Light Hub in Kochi

      KOCHI:Tapping customers across India, Signify (Euronext:.

    Live Updates

    • ACC and Adani Foundation Empower Rural Youth Through Skill development
    • Lux Cozi Steps Boldly into Women’s Wear with Pynk
    • India Neutralises Pakistan Air Defence System in Major Retaliatory Strike
    • 15 Civilians Killed in Pakistan’s Heavy Shelling Along J&K LoC
    • Operation Sindoor: Pakistan Shuts Down Flight Operations in Major Cities

    NewsExperts.in

    • മലയാളം
    • മലയാളം

    What’s New ?

    • ACC and Adani Foundation Empower Rural Youth Through Skill development
    • Lux Cozi Steps Boldly into Women’s Wear with Pynk
    • India Neutralises Pakistan Air Defence System in Major Retaliatory Strike
    • 15 Civilians Killed in Pakistan’s Heavy Shelling Along J&K LoC
    • Operation Sindoor: Pakistan Shuts Down Flight Operations in Major Cities

    Newsexperts.in - powered by Klickevents Infosolutions (P) LTD