TCS: Now one of the Top 10 IT Service Players in Europe

ANALYST REPORT

 

TCS: Now one of the Top 10 IT Service Players in Europe

This PAC report analyzes and evaluates TCS’ positioning and strategic development in Europe.

Excerpt from the report:

Over the past decade, TCS has evolved in Europe from an ADM provider with prime focus on offshore delivery to an end-to-end service provider with the capability to accompany its customers’ IT transformation. The company has reached significant size in its local focus markets to be able to start large projects with a high share of onsite resources.

The sheer scale of the global organization, with total revenues of $13.4bn (€11.7bn; FY 2013) – making it a global top 6 IT service player – and currently 313,000+ employees, backed by the $130bn (€113.5bn) Tata Group, makes TCS a strong and stable player also in the years to come. Europe is an increasingly important market for TCS, accounting for just under 30% of total revenues today.