TCS ranked the fastest growing IT services brand in 2018
Leading global IT services, consulting and business solutions organization, Tata Consultancy Services, has been named as the fastest growing IT services brand in the world in an assessment done by world's leading brand valuation firm, Brand Finance. According to the assessment, TCS now has a total brand value of $10.391 billion, a growth of 14.4% from last year's total of $9.081 billion. Here's more.
TCS's value placed it in top three most valuable brands
The new value is the fastest incremental growth of all companies in the industry and places TCS in top three most valuable brands in the global IT services sector. This puts TCS in a unique group of businesses with a brand valuation over the $10bn-mark, and this means that the company now contributes over 73% to the value of the larger Tata brand.
Brand Finance's report analyzes brand value and brand strength
Brand Finance's annual report analyses the brand value and brand strength of the 5000 largest brands across 38 sectors in the world to make a list of the world's most valuable brands. "Last year, TCS achieved a significant milestone, being ranked as one of the world's top three IT services brands for the first time ever," said David Haigh, CEO at Brand Finance.
What did TCS CEO Rajesh Gopinathan say on this achievement?
Gopinathan said, "The growth we have demonstrated on brand-leadership is a testament to our steadfast commitment to our clients, our people, and the communities we work in." He added: "The innermost core of our company values has always been our resolute focus on our clients and their success. Look forward to using the vast contextual knowledge we have built to further benefit our clients."
