Most valued IT service brand

Most valued IT service brand

Question: Which of the following Indian software company has been 3rd most valued IT service brand?
(a) Infosys
(b) TCS
(c) Wipro
(d) HCL
Answer: (b)
Related facts:

  • According to a report by Brand Finance, India’s Tata Consultancy Services (TCS) has been ranked 3rd most-valued IT services brand globally in 2018-19 after Accenture and IBM. Four Indian IT firms- TCS, Infosys, HCL and Wipro – grabbed spots in the top -10 global tally.
  • Accenture (Valued at $26.3 billion) took the title of world’s most valued IT services brand. Last year, IBM was at the top, Now it slipped to second place this year (Brand Value at US$20.4 billion).
  • TCS remains in third place, (Value holding up 23 per cent to US$ 12.8 billion), with a value aided by the brand’s disciplined focus on the market’s increased demand for digital services.
  • TCS is also the first Indian IT services brand to achieve success in the Japanese market.TCS has positioned itself as a leader in providing a superior all round customer experience, leveraging artificial intelligence and robotic automation across its transformation programmes.

Facts about TCS:

  • TCS is an IT services, digital and business solutions company.
  • It provides end-to-end technology related services to global enterprises. The company operate through five segments: Banking, Financial Services & Insurance Manufacturing, Retail & Consumer Packaged goods, telecom, media & entertainment and others such as energy, resources and utilities, high tech, life sciences and healthcare, travel transportation and hospitality, products etc.’

By Ramayan Upadhyay

Links:
https://www.indiatoday.in/india-today-at-davos-2019/story/tcs-3rd-most-valued-it-services-brand-globally-brand-finance-at-davos-1438273-2019-01-24
https://economictimes.indiatimes.com/tech/ites/tcs-3rd-most-valued-it-services-brand-globally-brand-finance/articleshow/67660948.cms
https://www.forbes.com/companies/tata-consultancy-services/#6e32752b1966

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