After such a long list of Government or State controlled enterprises, here is a company which has performed brilliantly in the year 2015-16.
Image: company website
Tata Consultancy Services Ltd is an IT services, consulting and business solutions company which was founded by J R D Tata and F C Kohli in 1968. Headquartered in Mumbai, Maharashtra, the company has an employee strength of more than 3.5 lakh employees.
It is being led by Mr N Chandrasekaran, the current CEO and Managing Director. TCS, by showing an exponential growth in the past, has now found a place among the “Big 4” most valuable IT services brand in the world.
In Financial Year 2015-16, the company posted a revenue of 111297.66 crore and a PAT of 24830.01 crore, second only to Reliance Industries Ltd It is the 10th largest IT services provider in the world. The company provides various services like Assurance Services, BI & Performance Management, Business Process Services, Consulting, Digital Enterprise, Eco-sustainability Services, Engineering & Industrial Services, Enterprise Security & Risk Management, Enterprise Solutions, iON Small and Medium Business, IT Infrastructure Services, IT Services, Platform Solutions and Supply Chain Management.
TCS has been working a lot on innovation. It has established Tata Research Development and Design Centre in Pune and has also started a network of Innovation Labs in and outside India. It has been working on IoT (Internet of Things) projects as well. A recent press release discusses how TCS has been able to cut electricity use using IoT systems. To further advance in technology and innovation, it has partnered with various academic institutions like Stanford, Carnegie Mellon, MIT, IITs and many more.