Monday 19 September 2011

About TCS

         Tata Consultancy Services Limited (TCS)  is an Indian IT services, business solutions and outsourcing company headquartered in Mumbai, India.
         It is the largest provider of information technology in Asia and second largest provider of business process outsourcing (BPO) services in India.
         TCS has offices in over 42 countries with more than 142 branches across the globe.


History:


It began as the "Tata Computer Centre", for the company Tata Group whose main business was to provide computer services to other group companies.
J. R. D. Tata was the first chairman, followed by Pankaj Roy.
One of TCS' first assignments was to provide punched card services to a sister concern, Tata Steel (then TISCO).
In 1981, TCS set up India's first software research and development centre, the Tata Research Development and Design Center (TRDDC) in Pune.
In the early 1990s, the Indian IT outsourcing industry grew tremendously due to the Y2K bug and the launch of a unified European currency, Euro. TCS pioneered the factory model for Y2K conversion and developed software tools which automated the conversion process and enabled third-party developers and clients to make use of it.
In 2011, the company entered the Small and medium enterprises (SME) market with cloud-based offerings.


TCS is one of the largest private sector employers in India with a core strength 202,039 individuals.



Revenueincrease US$ 8.355 billion (2011)
Profitincrease US$ 2.024 billion (2011)
Total assetsincrease US$ 7.215 billion (2011)
Total equityincrease US$ 5.499 billion (2011)

Currently TCS is holding a large number of projects (eg: Aadhar-UID ,one from united bank of australia). And it is recruiting about 60,000 employees for above mentioned projects.