The Rise and Rise of TCS
UK analyst firm TechMarketView has published its annual rankings of the leading suppliers of software, IT and business process services (SITS) to the UK market, UK Software and IT Services Rankings 2020. TCS’ improved ranking saw it positioned in second place, now one of the world’s largest and most respected tech companies, beating IBM and Accenture for the first time.
As part of TMV’s CompanyViews series, TMV explored the history of TCS in the UK, highlighting some of the key milestones that saw it grow to become one of the most successful players in the UK SITS market. The report highlights three ‘inflexion points’ which fundamentally and structurally changed TCS’ business to enable growth:
1. Entry into the UK Life & Pensions market and the establishment of the Diligenta platform.
2. Transition from an application services pure-play to a full-line IT and business services supplier.
3. Transformation from a ‘skills-centric’ organisation to ‘digital-solution-centric’ business.
“TCS has come a long way both globally and here in the UK. From its roots as an application services supplier, TCS is now a global, top-tier, full-line IT and business process services company. As a result of TCS’ ability to leverage its client relationships, gain footholds with a strategic service line and expand its footprint by cross-selling other services, the organisation is now on track to become the largest supplier of SITS to the UK market,” said Anthony Miller, Managing Partner, TechMarketView.