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TCS Full Form

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What is TCS Full Form?

TCS tax full form is Tata Consultancy Services, a multinational information technology (IT) services and consulting company headquartered in Mumbai, Maharashtra, India. TCS is considered to be the largest campus and workforce in Chennai, Tamil Nadu, India. 

According to the recent survey conducted in May 2021, TCS  is considered the largest company in the IT sector in the world, which has a market capitalization of 170 billion dollars. It is a Tata Group company with operations in 149 sites in 46 countries.  

TCS is India's second-largest corporation in terms of market value. Tata Consultancy Services has risen to become one of the most valuable IT services brands in the world. TCS was placed 64th overall in Forbes' World's Most Innovative Companies ranking in 2015, making it the highest-ranking IT services company as well as the top Indian business. It is rated eleventh on the Fortune India 500 list as of 2018.

In April 2018, TCS became the first IT company to reach the mark of 100 billion dollars in market capitalization and the second largest company to do so after Reliance industries which did it in the year 2007. In the period between the years 2016-2017 the parent company, Tata Sons which owned 72.05% of the TCS and more than 70% of the Tata Son’s dividends which were generated by TCS. The Tata Sons decided to sell the stocks of TCS which were worth 1.25 billion dollars in a bulk deal in March 2018. 

In this article, we are going to discuss the TCS long form and the services provided by TCS, products sold by TCS, and also a few of the most important and frequently asked questions related to the TCS full form company will be answered. 


What is TCS Full Meaning?

TCS full meaning is Tata Consultancy Services. TCS is an Indian multinational information technology (IT) service, consulting, and business solutions company that is a global leader in the field of IT services, digital, and even business solutions. Throughout the years the TCS has partnered with the organizations which could be clients to basically simplify, strengthen and transform their business.

TCS offers an integrated portfolio of business, technology, and engineering services and solutions that is headed by consulting. It is part of the Tata group, India's largest international corporate conglomerate, and is based in Mumbai, India. In the previous fiscal year, it made a total revenue of $20.9 billion.

TCS is considered to be one of the top employers globally. As of the year 2020, it has been said that it has more than four lakh employees with different backgrounds, nationalities, and from different countries. Over the course of many years, TCS has successfully managed to maintain a partnership with companies that provide business software, niche technology developers, and IT infrastructure vendors. 


TCS History

From the Year 1968–2004

  • Tata Consultancy Services Limited was formed in 1968 by a subsidiary of Tata Sons Limited as "Tata Computer Systems." Punched card services for sibling firm TISCO which is now known as  Tata Steel, work on an Inter-Branch Reconciliation System for the Central Bank of India, and bureau services for Unit Trust of India were among its early contracts.

  • TCS created System X for the Canadian Depository System and computerized the Johannesburg Stock Exchange in 1975, and provided an electronic depository and trading system named SECOM for Swiss firm SIS SegaInterSettle. TCS collaborated with TKS Teknosoft, a Swiss company that was subsequently purchased.

  • TCS founded the Tata Research Development and Design Centre (TRDDC) in Pune, India's first specialized software research and development facility, in 1980. It opened India's first client-dedicated offshore development centre for Tandem clients in 1981. TCS eventually collaborated with Integrity Software Corp, a software factory based in Canada, which TCS later purchased.

  • Tata Consultancy Services invented the factory model for Y2K conversion and produced software tools that streamlined the conversion process and enabled third-party developers and clients to apply it in advance of the Y2K problem and the advent of a unified European currency (Euro). TCS chose to provide a Decision Support System (DSS) in the domestic market at the end of 1999, under the leadership of Corporate Vice President and Transformation Head Subbu Iyer.


From the Year 2004 to the Present 

  • TCS became a publicly traded corporation on August 25, 2004. TCS was the first Indian IT services firm to join the bioinformatics industry in 2005. The Indian Railway Catering and Tourism Corporation commissioned them to build an ERP system in 2006. By 2008, the company's e-business operations had generated over 500 million dollars in yearly sales.

  • TCS made its initial foray into the small and medium business sector in 2011, with cloud-based services. On the last trading day of 2011, it surpassed RIL to become the most valuable Indian business by market value. TCS earned yearly revenues of above 10 billion US dollars for the first time in the 2011 t0 2012 fiscal year.

  • TCS was granted a six-year contract for over Rs. 1100 crore by the Indian Department of Posts in May 2013. In 2013, the business rose from 13th to 10th place in the League of top 10 global IT services firms, and in July 2014, it became the first Indian company with a market valuation of more than 5 lakh crore. TCS broke RIL's 23-year reign as India's most profitable company in January 2015.

  • In the year 2017, the TCS company announced a partnership with Aurus, Inc, which is a payments technology company that helps in delivering payment solutions for retailers using the TCS Omnistore which is the first of its kind unified store commerce platform.TCS China was associated and started a joint venture with the Chinese government in the same year. 

  • TCS reported a 24 percent year-on-year (YoY) increase in profit of 8,105 crores in the third quarter of FY19. Brokerages slashed price estimates, sending the stock down 2.5 percent intraday. Four Stevie Awards presented TCS with the 2019 American Business Awards.

  • TCS surpassed Accenture in market value on October 8, 2020, to become the world's most valuable IT firm, with a market capitalization of $144.73 billion. TCS temporarily eclipsed Accenture in market capitalization on January 25, 2021, to become the world's most valuable IT firm with a market valuation of $170 billion. TCS surpassed Reliance Industries as India's most valued corporation on the same day, with a market capitalization of 12.55 lakh crore.


TCS Services 

TCS full meaning is Tata Consultancy services.TCS and its 67 subsidiaries are known to provide a wide range of information technology-related products and services. The services which are provided by TCS to the clients are-

  • Cloud Infrastructure

  • Cyber Security

  • TCS Interactive

  • Industrial Engineering

  • Internet of Things 

  • Cloud Applications

  • Analytics and Insights

  • Automation & AI

  • Industrial Engineering

  • Cognitive business operations.


TCS Products

TCS full form tata consultancy services. A few of the most important products of TCS are as follows. 

  • QuartzTM Blockchain

  • Customer Intelligence & Insights

  • Connected Intelligence Platform

  • Intelligent Urban Exchange

  • CHROMA 

  • Ignio 

  • Jile 

  • ERP on Cloud 

  • Optumera 


TCS BPS 

  • The TCS long-form is tata consultancy services and Tata Consultancy Services Business Process Services or the TCS BPS is considered to be the third-largest India-based IR outsourcing company which is just behind Capgemini. In FY 2012-13, the BPS segment generated US$1.44 billion in sales, accounting for 12.5 percent of TCS’s overall revenue. TCS BPS employs over 45,000 people in 11 countries to serve over 225 million clients. During the financial year 2012-13, the BPS division saw a 19.5 percent attrition rate.

  • Eli Lilly and Company awarded TCS a $35 million contract in 2006 for data administration, biostatistics, and medical writing services.

  • Hoffmann-La Roche, a Swiss pharmaceutical company, awarded it a multi-year contract in 2007 to offer data management, biostatistics, clinical programming, and drug safety assistance to the TCS company's global pharmaceutical research activities. In addition, the company has established a business process outsourcing centre in the Philippines.

FAQs on TCS Full Form

1.What is TCS Ion Full Form? List Out the Places in Which the TCS is Operational.

Ans: TCS full form tax is Tata Consultancy services. Tata Consultancy Services has 285 offices in 46 countries, as well as 147 delivery centres in 21. TCS has 58 subsidiary businesses as of the same date.TCS is considered to be the most successful IT firm in our country and as the success increases so will the locations in which it is operational. TCS in India has been operational in the following places. 

  • Baroda, Bhubaneswar, Chennai, Coimbatore, Delhi, Gandhinagar, Goa, Gurugram, Guwahati, Hyderabad, Bhopal, Indore, Jamshedpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, Noida, Nashik, Patna, Ahmedabad, Bengaluru, Thiruvananthapuram, and Pune. 

  • Excluding India, there are other countries as well where TCS is operational, and here is the list of all the countries. 

  • Israel, UAE, Hong Kong, Indonesia, Japan, Malaysia, the Philippines, Saudi Arabia, Singapore, South Korea, Taiwan, Thailand, and Qatar, Bahrain, and China, Australia, and South Africa. 

2.What is the TCS Full Form? And List Out a Number of Employees Hired by TCS All Over the World?

Ans: TCS tax full form is Tata Consultancy Services and it is one of India's major private-sector employers, and the fourth-largest among listed Indian firms (after Indian Railways, Indian Army, and India's Defense Forces). TCS employed 446,675 people as of December 31, 2019. As of March 31, 2013, there were 21,282 non-Indian nationals in the country (7.7 percent ). Employee costs totalled US$4.38 billion in the fiscal year 2012-13, accounting for about 38% of the company's total revenue. TCS hired a total of 69,728 new employees in the fiscal year 2012–13, with 59,276 located in India and 10,452 based elsewhere in the world. Attrition was 10.6 percent throughout the same time period.


TCS employees are on average 28 years old. For the fiscal year 2012-13, the staff utilization rate, excluding trainees, was 82 percent. TCS was the fifth-largest visa applicant in the United States in 2008, after only Infosys, CTS, Wipro, and Mahindra Satyam. Tata Group firms, including TCS, were the second-largest H-1B visa recipients in 2012. TCS employs about 4,00,000 people as of January 2020.