TCS Named in Forbes’ World’s Most Innovative Companies List
TCS Ranked as Highest Global IT Services Company
Mumbai, September 27, 2013: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, today, announced that it has been recognized by Forbes as one of the World’s Most Innovative Companies. TCS ranked 40th overall, making it not only the highest ranked IT services company to make it to the list, but also the top Indian company.
“To be included in the upper echelons of Forbes’ World’s Most Innovative Companies list is a tremendous honor for me, our employees and our company,” said N Chandrasekaran, CEO and MD, TCS. “As a global company, we pride ourselves on our ability to think creatively, deliver cutting-edge solutions and strategically customize our offerings to meet global needs on a local level.”
TCS has a longstanding history of delivering innovative solutions to its customers. The company set up its first R&D lab in 1981, when the technology industry in India was just taking shape. There is a strong culture of innovation with multiple innovation labs for every industry that TCS works with. The company has multiple academic partnerships and a global network of Innovation Labs that provide an environment for sophisticated research in leading-edge technologies, and various domains ranging from life sciences and insurance to retail and financial services.
Furthermore, TCS’ Co-Innovation Network (COIN™) provides value to its customers across the entire technology and business landscape, forging and nurturing bonds with academic institutions, start-ups, venture funds, strategic alliance partners, multilateral organizations and TCS’ customers.
TCS attracts the best talent to its labs by investing its resources in systems, software and applications research, and collaborating with technology partners and universities such as The Massachusetts Institute of Technology, University of California at Berkeley, Stanford University, Singapore Management University, Indian Institutes of Technology, and the Indian Institute of Science.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™,recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 285,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $11.6 billion for year ended March 31, 2013 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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