LONDON, ENGLAND & MUMBAI, INDIA: Tata Consultancy Services has been recognised as the fastest growing IT Services brand globally by Brand Finance, the world's leading brand valuation firm.
Brand Finance assesses the dollar value of the reputation, image and intellectual property of the world's leading companies. Brand Finance's brand valuations are frequently peer-reviewed by top audit practices, accepted by various regulatory bodies and used by leading global brands as a performance benchmark.
Tata Consultancy Services.
The annual report ranks TCS as the fastest growing brand within the IT services sector, with the company's overall brand value increasing by US$3.04 billion in 2013; a growth rate of 58 percent year-on-year.
It represents a quadrupling of its brand value, which stood at $2.3 billion four years ago in 2010. TCS' total brand value now stands at $8.2 billion, ranking it among the industry's top four brands for the second consecutive year. Brand Finance has also awarded the TCS brand a rating of AA+, the top rating in the industry.