TCS Net Worth 2024: Market Cap, Revenue, Assets and CEO

TCS Net Worth is Estimated to be $181.92 Billion. TATA Consultancy Services (TCS) is undoubtedly one of the biggest IT companies in the world which was made in India. TCS is a multinational information technology (IT) company that was created by the TATA Sons in 1968.

It has its headquarters situated in Mumbai, Maharashtra, and has the largest workplace located in Chennai, Tamil Nadu, India. TCS is located all around the world and it operates in a total of 149 locations across 49 different countries.

In recent years, TCS has seen a massive rise in the market. TCS became the second Indian company to cross the $100 billion market capitalization after Reliance Industries. Though, as far as IT companies are concerned, TCS is still the first Indian IT company to cross $100 billion in market capitalization. TATA Sons were the founder of TCS and in 2017, they owned 72.05% of TCS shares.

Recently, because of the Covid-19 pandemic, all the employees of TCS were allowed to work from home. There was a complete shutdown in the company because of the pandemic, but the work-from-home idea suited everyone well. Now, everything seems to be on track and the company is working like the early days. Also, check Google Net Worth.

What is TCS Net Worth?

TCS Net Worth is around $181.92 Billion as of 2024. TCS is a multinational company that has a huge market capitalization, net wealth, and total assets. It has a net worth of $181.92 billion which is a very massive figure and it also makes the company one of the biggest in the world. The total assets of TCS are $19 billion and the total market capitalization is $181.92 billion. TCS is looking better than ever and they are producing some very outstanding works. They will keep growing more and more, as the IT sector is still growing.

TCS Organization Structure

TCS also has several other teams and functions that support the business groups, such as corporate affairs, marketing, legal, and finance. These teams report directly to the CEO and Executive Team.

TCS also has a number of other corporate functions and support teams, including:

• Corporate Strategy and Transformation
• Corporate Marketing and Communications
• Corporate Sustainability
• Corporate Legal
• Corporate Finance
• Corporate IT
• Global Human Resources
• Global Talent Management
• Global Learning and Development
• Global Sales and Marketing

TCS also has a number of regional and country heads who are responsible for the company’s operations in their respective regions and countries.

Inception

Whenever we hear anything related to TATA, we already know that the matter is huge. The same in this case is well. TATA Consultancy Services (TCS) is an IT company that was founded by the division TATA Sons Limited in 1968. During those days, India was growing at a very high rate and companies like TCS and others helped the nation. TCS used to provide punched card services to its sister company TISCO (TATA Steel now).

The value and worth of TCS started to grow exponentially. In 1975, they delivered an electronic trading and depository system to the Swiss company named SIS. Many other electronic systems were developed by TCS for different Purposes. You can also check Apple’s Net Worth.

TCS was also working in partnership with a Swiss company named TKS Technosoft. Although it was later acquired by TCS. In 1993, TCS partnered with another Canadian company, Integrity Software Corp, which was also acquired by TCS.

This is how TCS got its roots spread throughout the world. They made much amazing software and electronic systems which made a huge impact.

Evolution

The evolution of the company started since its inception. That’s the best part about TCS. It was introduced in 1968 and since its inception, the company started doing some good not only in India but all around the world. A few years after its inception, the company started working in different countries and also started making software and electronic systems.

In 2004, the company finally made itself a publically listed company. The company became the first Indian IT company to enter the bioinformatics market.

TCS made history in 2011, as it overtook RIL to become India’s biggest company of any type and also achieved the highest market capitalization. In 2017, TCS China was presented to the Chinese government. TCS surpassed Accenture to be the world’s most valuable IT company, by the end of 2020. TATA Consultancy Services has more than 380,000 offices in around 46 countries. TCS also has a total of 58 subsidiary companies. Must check Infosys Net Worth.

Awards and Achievements

For a company as big as TCS, awards and achievements don’t matter a lot, but as for records, TCS has a very long list of awards and Appreciation. It has won a total of 6 Asia Pacific Stevie Awards for its amazing performance, agility, friendly environment, and many more. It has also won The Know List award for outstanding achievement in the IT sector. You may also check Gameface Shark Tank’s Net Worth.

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