About TCS: Tata Consultancy Services Limited (TCS) A Software Services Consulting Company
About TCS: Tata Consultancy Services Limited (TCS) A Software Services Consulting Company
About TCS: Tata Consultancy Services Limited (TCS) A Software Services Consulting Company
History
TCS is one of the operative subsidiaries of one of India's largest and
oldest conglomerate company, the Tata Group or Tata Sons Limited, which has interests in
areas such as energy, telecommunications, financial services, manufacturing, chemicals,
engineering, materials, government and healthcare.
It began as the "Tata Computer Centre", for the company Tata Group whose main business
was to provide computer services to other group companies. F C Kohli was the first general
manager. JRD Tata was the first chairman, followed by Nani Palkhivala.
One of TCS' first assignments was to provide punched card services to a sister concern, Tata
Steel (then TISCO). It later bagged the country's first software project, the Inter-Branch
Reconciliation System (IBRS) for the Central Bank of India. It also provided bureau services
to Unit Trust of India, thus becoming one of the first companies to offer BPO services.
In the early 1970s, Tata Consultancy Services started exporting its services. The company
pioneered the global delivery model for IT services with its first offshore client in 1974.
TCS's first international order came from Burroughs, one of the first business computer
manufacturers. TCS was assigned to write code for the Burroughs machines for several US-
based clients. This experience also helped TCS bag its first onsite project - the Institutional
Group & Information Company (IGIC), a data centre for ten banks, which catered to two
million customers in the US, assigned TCS the task of maintaining and upgrading its
computer systems.
In 1981, TCS set up India's first software research and development centre, the Tata Research
Development and Design Center (TRDDC). The first client-dedicated offshore development
center was set up for Compaq (then Tandem) in 1985.
In 1989, TCS delivered an electronic depository and trading system called SECOM for SIS
SegaInterSettle, Switzerland. It was by far the most complex project undertaken by an Indian
IT company. TCS followed this up with System X for the Canadian Depository System and
also automated the Johannesburg Stock Exchange (JSE). TCS associated with a Swiss
partner, TKS Teknosoft, which it later acquired.
In the early 1990s, the Indian IT outsourcing industry grew tremendously due to the Y2K bug
and the launch of a unified European currency, Euro. TCS pioneered the factory model for
Y2K conversion and developed software tools which automated the conversion process and
enabled third-party developers and clients to make use of it.
In 1999, TCS saw outsourcing opportunity in E-Commerce and related solutions and set up
its E-Business division with ten people. By 2004, E-Business was contributing half a billion
dollars (US) to TCS.
On 9 August 2004, TCS became a publicly listed company, much later than its
rivals, Infosys, Wipro and Mahindra Satyam.
During 2005, TCS ventured into a new area for an Indian IT services company
– Bioinformatics.
In 2008, the company went through an internal restructuring exercise that executives claim
would bring about agility to the organization.
TCS serves large and fast-growing organizations who share a common set of objectives:
Increase profitability and efficiency by doing more with less
Rapidly and effectively respond to the changing market demands, thereby improving
organizational agility
Leverage IT as a strategic driver for competitive advantage, not just as a business
utility
Over the years, we have evolved processes and systems that capture critical client needs,
survey the set of existing third-party tools and technologies, and then develop solution
accelerators that help clients achieve quicker outcomes.
They have over 50 Centers of Excellence which track domain and technology trends
and address the most critical client needs through specific frameworks or
methodologies that accelerate the implementation process for third-party products.
They are a preferred alliance partner for most leading IT product and platform
companies, including Oracle, SAP, Microsoft, IBM and HP, among others. With
intimate knowledge of their technologies and products, we build complementary
solution accelerators that help clients in specific industries such as textile
manufacturing, or with specific needs (e.g., an ERP platform upgrade) that leverage the
true potential of these technologies.
All their projects are delivered through a unified delivery framework, which includes
a knowledge management system with learning from past projects. This learning
provides an incentive to create knowledge assets from new projects that will benefit
clients in the future.
Here are some examples of how TCS' Solution Accelerators help clients realize tangible
benefits:
TCS BaNCS is a comprehensive portfolio of solutions for the financial services
industry that provides enterprises with greater operational control, reliable technology
support, continuous process improvements and enhanced speed to market.
TCS SOLAR Framework is a service-oriented framework that helps us strategize and
deliver Business Intelligence and Performance Management solutions.
TCS Code Generator Framework (TCS MasterCraft) provides an integrated
environment along with a product or application development life cycle. With
a significant reuse of codes, it speeds up new application development, legacy system
integration, and/or the enhancement process.
Innovation
The TCS innovations advantage
A pioneer in software R&D, TCS, today, has an innovative environment that offers you
research-based solutions in leading-edge technologies that will help you meet your IT
expectations and support business objectives.
Innovation Strategy: Research Segmentation, Customers Expectations and Alignment
(Research Themes).
Innovation Ecosystem: TCS Innovation Labs, TCS Co-Innovation Network (COIN)™,
Incubation Group.
Innovation Events: “Innovation Days” help key customers and TCS researchers to
collaborate on research toward specific solutions. “Innovations Forums” held annually in
the UK and USA serve as confluences of thought leaders and researchers from academia,
start-ups and customers, bringing value through shared experiences and offering a preview of
technologies and solutions of the coming decade.
Innovation Culture: Awards for young innovators, coding competitions, research workshops
and conferences where scientists of international repute participate and create a fertile
environment for TCSers, enabling them to think creatively around customer solutions.
Intellectual Property: TCS has created a strong IPR base and has stepped up investments in
building assets such as patents, copyrights and trademarks.
Research Segmentation
Aligned with your varied requirements, we have a portfolio approach to innovation, wherein
the research is segmented into the following three categories:
Sustaining or Derivative Innovation: Innovations that offer improvements on current
offerings in current markets
Platform Innovations: Innovations that help customers move to adjacent technologies and
create additional capabilities
Disruptive Innovations: Innovations that are game changers and bring radical changes to
current markets and capabilities.
They invest in research in adjacent and futuristic technologies and apply a metrics-driven
approach to innovation. Using an open and collaborative framework, we connect customers
to the best of breed entities in the technology landscape and enable you to gain a competitive
advantage.