Tata Consultancy Services (TCS) has been named the 4th most valuable IT services brand worldwide by Brand Finance.
N. Chandrasekaran, CEO & Managing Director of TCS said, “We are extremely pleased with this ranking as it confirms the rapid evolution and recognition of our brand at a global level. In line with the symbolic crossing of the US$ 10 billion revenue mark this year and the global top four position TCS now holds in terms of market capitalization, net income and employees, this achievement on the brand front is a watershed moment in our company’s evolution towards a top position in its industry globally.”
David Haigh, CEO & Founder, Brand Finance said, “The value of the TCS brand has increased rapidly over the past 3 years. Our 2012 rankings marks the first time an emerging markets headquartered firm has entered the top league in IT services. With a strong brand strategy and a refined sponsorship portfolio TCS has been able to improve both brand awareness and its profile globally. TCS’ impressive brand value has gone from strength to strength; firmly establishing the company in the same league as the top western IT services firms - making them sit up and take note.”
