Mumbai, April 26, 2016: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, today announced that it won the prestigious National Intellectual Property Award 2016. In addition, both the Indian Intellectual Property Office and the World Intellectual Property Organization (WIPO) have jointly conferred on TCS the WIPO Award for Innovative Enterprise.
Hon'ble Smt. Nirmala Sitharaman, Minister of Commerce and Industry, Govt. of India, presented both the awards to TCS at a function organized by the Indian Intellectual Property Office and Confederation of Indian Chamber of Commerce & Industry (CII).
Speaking about the award Santosh Mohanty, Global Head - Components Engineering group, TCS, said “We are honored to receive both these esteemed awards. TCS continuously strives to create innovative solutions and re-imagine technologies to provide the best experiences for its customers. These awards bolster our beliefs and encourage us to do even better.”
The Indian Intellectual property office confers national intellectual property awards on outstanding organizations and companies in the fields of patents, designs, trademarks and geographical indications on the occasion of World IP Day every year. The National IP Award carries an amount of Rs.100,000, a citation and a memento. The WIPO award comprises a trophy and a citation.
K Ananth Krishnan, Chief Technology Officer, TCS, said, “Innovation is in the DNA of the company. TCS has a global network of innovation labs which have successfully transformed businesses around the world. The company provides an intellectually stimulating environment with mentorship by experts to encourage innovation.”
TCS continues to be one of the world leaders in creating cutting edge innovation and has applied for 2,842 patents, including260 applied during the last quarter. Till date the company has been granted 341 patents.
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™, recognised as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 353,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $16.5 billion for year ended March 31, 2016 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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