Brand Finance Selects TCS as 'Fastest Growing IT Services Brand' in 2018 | CORPORATE ETHOS

Brand Finance Selects TCS as ‘Fastest Growing IT Services Brand’ in 2018

By: | March 7, 2018

Mar 6: Tech major Tata Consultancy Services (TCS) on Tuesday said that it has been named as the fastest growing IT services brand in the world in an assessment done by Brand Finance, a leading global brand valuation firm.

According to Brand Finance IT Services 15 annual report, TCS now has a total brand value of $10.391 billion-a growth of 14.4% from last year’s total of $9.081 billon, with an increase of $1.309 billion.

“The new value is the fastest incremental growth of all companies in the industry, and places TCS in the top tree most valuable brands in the global IT services sector along with IBM and Accenture,” the company said in a statement.

“This puts in a unique group of businesses with a brand valuation over the $10 billion mark, and TCS’ new brand value means the company now contributes over 73% to the value of the larger Tata brand-valued at $14.236 billion and ranked #104 in the world rankings,” it added.