Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 56 years. Its consulting-led, cognitive powered, portfolio of business, technology and engineering services and solutions is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.
A part of the Tata group, India's largest multinational business group, TCS has over 601,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $29 billion in the fiscal year ended March 31, 2024, and is listed on the BSE and the NSE in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index.
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Timeline
Our history
- 1968
- 1971
- 1973
- 1979
- 1981
- 1982
- 1989
- 1997
- 2002
- 2004
- 2006
- 2007
- 2009
- 2011
- 2014
- 2016
- 2017
- 2020
- 2022
Mr. Fakir Chand Kohli, fondly known as the Father of Indian IT, brings together a young team of enthusiastic US returned IT professionals to create demand for downstream computer services.
1968
TCS wins its first external contract - power companies were being set up in Iran as part of an infrastructure building program and TCS wins projects to build inventory and stock control systems for these stations.
1971
When TCS wins a project to convert a hospital accounting project written in Burroughs Medium systems COBOL to Burroughs Small systems COBOL, we do not have a Burroughs computer! An in-house tool was built to write this code and then shipped to the US - the first offshore delivery project.
1973
TCS establishes its first sales office in New York, headed by S Ramadorai. One of our first major clients was the Institutional Group Information Corporation (IGIC).
1979
JRD Tata’s vision comes to fruition when TCS sets up India’s first software research center, the Tata Research Development and Design Centre (TRDDC) in Pune.
1981
TCS forays into software with a data dictionary for Burroughs, which eventually leads to the creation of an accounting package EX.
1982
TCS signs a US$ 10 million deal with Swiss Securities Clearing Corporation, significant for its complexity and size.
1989
TCS is all-in on the Y2K remediation opportunity, and pioneers the concept of a software factory to address the challenge. Using a highly automated approach, TCS leverages special tools developed for the conversion and remediates about 700 million lines of code.
1997
Wins a $100 million GE Medical Systems project, till then the largest IT services deal by an Indian company
2002
TCS debuts at the National Stock Exchange (NSE) and Bombay Stock Exchange, with the largest IPO by a private sector company at an astounding US$ 1 billion dollars.
2004
TCS’ launches a Co-innovation network (COIN) to bring the best technology available in the start-up eco system to solve customer challenges. Today this network has over 2,500 start-ups and over 50 academic partners.
2006
TCS signs its first US$1 billion deal.
2007
We offer a cloud-based business model to provide services to life insurance companies in the UK – a value so compelling that we’ve ranked as the #1 provider in the UK market ever since.
2009
TCS creates iON, extending cloud-based services to small and medium businesses
2011
TCS becomes the first Indian company to sponsor the NY marathon, now a tradition that has expanded and continued across the globe.
2014
2016 is our baseline year to measure scope emissions for our goal to be net zero by 2030
2016
We announce the largest ever buyback in the history of Indian capital markets (INR 1.6 billion) to demonstrate our commitment to shareholders.
2017
TCS is the largest agile workforce in the world with over 545,000+ agile ready associates.
2020
TCS clock US$ 25.7 billion in revenue and an all-time high incremental revenue addition of US$ 3.5 billion.
2022
Mr. Fakir Chand Kohli, fondly known as the Father of Indian IT, brings together a young team of enthusiastic US returned IT professionals to create demand for downstream computer services.
1968
TCS wins its first external contract - power companies were being set up in Iran as part of an infrastructure building program and TCS wins projects to build inventory and stock control systems for these stations.
1971
When TCS wins a project to convert a hospital accounting project written in Burroughs Medium systems COBOL to Burroughs Small systems COBOL, we do not have a Burroughs computer! An in-house tool was built to write this code and then shipped to the US - the first offshore delivery project.
1973
TCS establishes its first sales office in New York, headed by S Ramadorai. One of our first major clients was the Institutional Group Information Corporation (IGIC).
1979
JRD Tata’s vision comes to fruition when TCS sets up India’s first software research center, the Tata Research Development and Design Centre (TRDDC) in Pune.
1981
TCS forays into software with a data dictionary for Burroughs, which eventually leads to the creation of an accounting package EX.
1982
TCS signs a US$ 10 million deal with Swiss Securities Clearing Corporation, significant for its complexity and size.
1989
TCS is all-in on the Y2K remediation opportunity, and pioneers the concept of a software factory to address the challenge. Using a highly automated approach, TCS leverages special tools developed for the conversion and remediates about 700 million lines of code.
1997
Wins a $100 million GE Medical Systems project, till then the largest IT services deal by an Indian company
2002
TCS debuts at the National Stock Exchange (NSE) and Bombay Stock Exchange, with the largest IPO by a private sector company at an astounding US$ 1 billion dollars.
2004
TCS’ launches a Co-innovation network (COIN) to bring the best technology available in the start-up eco system to solve customer challenges. Today this network has over 2,500 start-ups and over 50 academic partners.
2006
TCS signs its first US$1 billion deal.
2007
We offer a cloud-based business model to provide services to life insurance companies in the UK – a value so compelling that we’ve ranked as the #1 provider in the UK market ever since.
2009
TCS creates iON, extending cloud-based services to small and medium businesses
2011
TCS becomes the first Indian company to sponsor the NY marathon, now a tradition that has expanded and continued across the globe.
2014
2016 is our baseline year to measure scope emissions for our goal to be net zero by 2030
2016
We announce the largest ever buyback in the history of Indian capital markets (INR 1.6 billion) to demonstrate our commitment to shareholders.
2017
TCS is the largest agile workforce in the world with over 545,000+ agile ready associates.
2020
TCS clock US$ 25.7 billion in revenue and an all-time high incremental revenue addition of US$ 3.5 billion.
2022
- 19 20
Mr. Fakir Chand Kohli, fondly known as the Father of Indian IT, brings together a young team of enthusiastic US returned IT professionals to create demand for downstream computer services.
1968
TCS wins its first external contract - power companies were being set up in Iran as part of an infrastructure building program and TCS wins projects to build inventory and stock control systems for these stations.
1971
When TCS wins a project to convert a hospital accounting project written in Burroughs Medium systems COBOL to Burroughs Small systems COBOL, we do not have a Burroughs computer! An in-house tool was built to write this code and then shipped to the US - the first offshore delivery project.
1973
TCS establishes its first sales office in New York, headed by S Ramadorai. One of our first major clients was the Institutional Group Information Corporation (IGIC).
1979
JRD Tata’s vision comes to fruition when TCS sets up India’s first software research center, the Tata Research Development and Design Centre (TRDDC) in Pune.
1981
TCS forays into software with a data dictionary for Burroughs, which eventually leads to the creation of an accounting package EX.
1982
TCS signs a US$ 10 million deal with Swiss Securities Clearing Corporation, significant for its complexity and size.
1989
TCS is all-in on the Y2K remediation opportunity, and pioneers the concept of a software factory to address the challenge. Using a highly automated approach, TCS leverages special tools developed for the conversion and remediates about 700 million lines of code.
1997
Wins a $100 million GE Medical Systems project, till then the largest IT services deal by an Indian company
2002
TCS debuts at the National Stock Exchange (NSE) and Bombay Stock Exchange, with the largest IPO by a private sector company at an astounding US$ 1 billion dollars.
2004
TCS’ launches a Co-innovation network (COIN) to bring the best technology available in the start-up eco system to solve customer challenges. Today this network has over 2,500 start-ups and over 50 academic partners.
2006
TCS signs its first US$1 billion deal.
2007
We offer a cloud-based business model to provide services to life insurance companies in the UK – a value so compelling that we’ve ranked as the #1 provider in the UK market ever since.
2009
TCS creates iON, extending cloud-based services to small and medium businesses
2011
TCS becomes the first Indian company to sponsor the NY marathon, now a tradition that has expanded and continued across the globe.
2014
2016 is our baseline year to measure scope emissions for our goal to be net zero by 2030
2016
We announce the largest ever buyback in the history of Indian capital markets (INR 1.6 billion) to demonstrate our commitment to shareholders.
2017
TCS is the largest agile workforce in the world with over 545,000+ agile ready associates.
2020
TCS clock US$ 25.7 billion in revenue and an all-time high incremental revenue addition of US$ 3.5 billion.
2022
Investors
Positioned for long-term sustainable growth
TCS is seen as a benchmark in its outreach to investors, in its transparency and disclosures, publicly communicating its strategy, risks and opportunities, reducing information asymmetries and enabling fair valuation of the stock.
TCS is seen as a benchmark in its outreach to investors, in its transparency and disclosures, publicly communicating its strategy, risks and opportunities, reducing information asymmetries and enabling fair valuation of the stock.
