TCS – A 10 BILLION DOLLAR COMPANY Corporate Facts
Who We Are: Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty that no other firm can match. What We Offer: TCS offers a consulting-led integrated portfolio of IT and IT-enabled services delivered through its unique Global Network Delivery Model™ (GNDM™), recognized as the benchmark of excellence in software development. Lineage: TCS is part of the Tata group, one of India’s largest industrial conglomerates and most respected brands. History: TCS was established in 1968 as a division of Tata Sons Limited. TCS Ltd. got incorporated as a separate entity on January 19, 1995. Mission: 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 them. Values: Leading change, Integrity, Respect for the individual, Excellence, Learning and sharing. Workforce: TCS has over 238,583 of the world’s best-trained IT consultants in 42 countries. Full Services Portfolio: Application Development and Maintenance, Business Intelligence,Enterprise Solutions, Assurance Services, Engineering and Industrial Services, IT Infrastructure Services, Business Process Outsourcing, Consulting and Asset Leveraged Solutions. Newer services include Mobility, Connected Marketing, Social Computing, Big Data and Cloud. Industries Serviced: Banking, Financial Services and Insurance, Retail and Consumer Packaged Goods, Telecom, Media and Information Services, High Tech, Manufacturing, Life Sciences and Healthcare, Energy, Resources and Utilities, and Travel, Transportation and Hospitality. Financial Information: Revenue of $10.17 billion, up 24.2% over prior year; operating margin of 27.6% and net income margin of 21.8% (fiscal year ending March 31, 2012). For detailed financial information quarterly statements, annual reports and operating metrics, visit the Financial Information page. Quality Framework: We are the world’s first organization to achieve an enterprise-wide Maturity Level 5 on CMMI® and P-CMM® based on SCAMPISM, the most rigorous assessment methodology. TCS Integrated Quality Management System (iQMS) integrates processes, people and technology maturity through various established frameworks and practices, including IEEE, ISO 9001: 2000, CMMi, SW-CMM, P-CMM and Six-Sigma. Board of Directors: TCS has 11 non-executive and two executive board members. The TCS Advantage: Features like TCS’ GNDM™, Customer-centric Engagement Model, Full Services Portfolio, and Innovation Labs and Co-innovation Network (COIN™) set us apart.
Alliances: TCS has a strong network of strategic and solution partners with a joint objective of helping its customers become high-performance businesses by maximizing the value of their technology investments. Subsidiaries: TCS has 58 subsidiaries. Board of Directors Non-Executive Board Members • • • • • • • • • • •
Ratan N Tata, Chairman S Ramadorai, Vice Chairman Prof. Clayton M Christensen, Director Aman Mehta, Director Dr. Ron Sommer, Director Venkatraman Thyagarajan, Director Dr. Vijay Kelkar, Director Ishaat Hussain, Director Phiroz A Vandrevala, Director OP Bhatt, Director Cyrus Mistry, Director Executive Board Members
• •
N Chandrasekaran, Chief Executive Officer and Managing Director S Mahalingam, Chief Financial Officer and Executive Director
Tata Consultancy Services Limited
Type
Public
Traded as
BSE: 532540 NSE: TCS BSE SENSEX Constituent
Industry
IT services, IT consulting
Founded
1968
Founder(s)
JRD Tata
Headquarters Mumbai, Maharashtra, India Area served
Worldwide
Key people
Ratan Tata (Chairman) N. Chandrasekaran (CEO & MD)
Services
IT, business consulting andoutsourcing services
Revenue
US$ 10.17 billion (2011/12)[1]
Profit
US$ 2.2 billion (2011/12)[1]
Employees
243,545 (June 2012)[2]
Parent
Tata Group
Subsidiaries
CMC Limited TCS China
Website
www.tcs.com
2000 to present On August 25, 2004 TCS became a publicly listed company. In 2005 TCS became the first India-based IT services company to enter the bioinformatics market. In 2006 TCS designed an ERP system for the Indian Railway Catering and Tourism Corporation. In 2008 TCS undertook an internal restructuring exercise which aimed to increase the company's agility. TCS entered the small and medium enterprises market for the first time in 2011, with cloud-based offerings. In the 2011/12 fiscal year TCS achieved annual revenues of over U$10 billion for the first time.
Operations As of 31 March 2012, TCS had 183 offices across 43 countries and 117 delivery centers across 21 countries.At the same date TCS had a total of 58 subsidiary companies.
Employees TCS had a total of 238,583 employees as of 31 March 2012, of whom 220,835 were based in India and 17,748 in the rest of the world.TCS is one of the largest private sector employers in India and the secondlargest employer among listed Indian companies (after Coal India Limited).In the 2011/12 fiscal year TCS recruited a total of 70,400 new staff, of whom 61,055 were based in India and 9,345 were based in the rest of the world. TCS has announced plans to recruit 60,000 graduates in the 2012/13 fiscal year. TCS was the fifth-largest United States visa recipient in 2008 (after Infosys, CTS, Wipro and Mahindra Satyam).