Tata Consultancy Services (TCS) India’s top IT services company, has been recognized as the fastest growing IT Services brand globally over the last five years by Brand Finance, the world’s leading brand valuation firm.
In the five year period 2010-2015, TCS emerged as the clear growth leader in the industry, increasing its brand value from US$ 2.3 billion to US$ 8.7 billion, while retaining the industry’s highest brand strength rating of ‘AA+’. It was also recognised as one of the top four global brands in IT Services for the fourth year in a row, cementing its position in the highest league of the industry.
“During the past five year period 2010-15, TCS emerged as the clear growth leader in the industry, increasing its brand value from $2.3 billion to $8.7 billion, while retaining the industry’s highest brand strength rating of ‘AA+,” the statement quoted Brand Finance, which is a world’s leading brand valuation firm, as saying.
TCS was also recognized as one of the top four global brands in IT services space for the fourth year in a row, cementing its position in the highest league of the industry, the company added.
To arrive at the brand value, Brand Finance assesses the dollar value of the reputation, image and intellectual property of the world’s leading companies.
