Tata Consultancy Services (TCS) a leading global IT services, consulting and business solutions organisation, today announced that it has been ranked as one of the top 100 most valuable US brands for the fourth consecutive year by Brand Finance®, the world’s leading brand valuation firm.
Brand Finance’s annual ‘Top 500 US Brands’ study ranked TCS 58th among America’s most valuable brands across all sectors, rising five places from last year’s analysis. This follows TCS being listed in March 2018 as one of the top three most valuable brands in the global IT services sector, according to Brand Finance’s 15th annual IT Services report. TCS’ brand value of $10.391 billion represented a 14 percent growth from $9.081 billion in 2017, making TCS the fastest growing brand in IT Services.
David Haigh, CEO, Brand Finance, said, “TCS recently consolidated its position as a top three global IT services brand by adding more than $1.3 billion to its value, which is a huge achievement for the company and its relatively new CEO. TCS’ deep expertise across industries, leading approach to digital business transformation, employee re-skilling, investments in notable academic research partnerships, and platforms such as the TCS New York City Marathon have helped to significantly grow its brand value.”
Surya Kant, president of North America, UK and Europe, TCS, said, “Our customer-centric approach and commitment to helping American businesses and communities transform and grow, are key drivers of TCS’ brand strength in the US. We are proud to be recognised for the fourth consecutive year as one of America’s top 100 most valuable brands, and remain steadfast in re-skilling our employees, this nation’s future talent and, of course, helping our customers in their digital transformation journeys to become Business 4.0 enterprises.”