If we look at the 10 fastest growing IT services brands in the world, all 6 big Indian brands are included in this. This figure is for 2020-22. Accenture’s name ranks first in the whole world, which is the most valuable and strongest IT brand.
TCS
Tata Consultancy Services (TCS) has set a new record. IT service all over the world (IT service) Tata Consultancy has emerged as the second most valuable (valuable or valuable) company in the sector. This has been said in a report of ‘Brand Finance’ which has been released by news agency PTI. Apart from Tata Consultancy, other Indian giants such as Infosys (Infosys) and four tech companies have made it to the top 25 IT services brands. Tata Consultancy Services is one of the most important companies of the Tata Group that deals with IT services. Infosys is also a big company of IT, but there is no such big name in the world compared to TCS.
If we look at the 10 fastest growing IT services brands in the world, all 6 big Indian brands are included in this. This figure is for 2020-22. Accenture’s name ranks first in the whole world, which is the most valuable and strongest IT brand. The report said that Acenger has a record brand value of $36.2 billion. India’s IT companies have got the fastest growth between 2020 and 2022 which is around 51 percent. However, if we look at the growth of American companies in the same period, Indian companies have lagged behind them by 7 percent.
what does the report say
The report of ‘Brand Finance’ says that now the era of remote working or work from home has become normal in business. This new trend is being seen all over the world. The role of digitization in the global economy has become the most important. This is the reason that in the last two years, IT services have gained the fastest pace. India is rich in this case because many of the world’s biggest IT brands are in India and a large population is well versed in digital skills. In the coming times, India is going to play a big role in Artificial Intelligence, Data Analytics and ‘Internet of Things’ (IoT). The report said that IBM has moved to the fourth position in the rankings and TCS has reached the second position.
How much did TCS profit increase
TCS has achieved a growth of 12 per cent in the year and 24 per cent since 2020. The brand value of TCS has reached 16.8 billion. On this achievement, TCS has said that the company has invested in the brand and employees, which has resulted in such a high ranking in the world. TCS has also given full emphasis on customer equity and financial performance. The year 2021 saw a huge increase in the earnings of TCS and achieved a record earnings of $ 25 billion. This was the first such big earning of TCS. The profit margin of the IT industry is being seen at the rate of 25%. This is the first time that TCS has reached the second position in the world in terms of brand value. Accenture’s name is on the first position.
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