TCS recognised as fastest growing IT services brand of the decade by Brand Finance

TCS recognised as fastest growing IT services brand of the decade by Brand Finance

Jan 22, 2020 10:01 IST capital market

Tata Consultancy Services has been recognized the fastest growing IT services brand of the decade, and one of the fastest growing IT services brands of 2019, by Brand Finance, the worlds leading brand valuation firm, in its 2020 Global 500 report.

The report, released at this years World Economic Forum in Davos, Switzerland, highlights a decade of significant brand growth for TCS, with its brand value increasing nearly six-fold since 2010, to $t3.5bn in 2019, making it the fastest growing brand of the decade and positioning it among the Top 3 brands in IT services globally. Further, the year-on-year growth in brand value in 2019 makes TCS the fastest growing among the top 3 IT Services brands.

For the second year running, TCS Chief Executive Officer, Rajesh Gopinathan has been named among the Top 100 Global CEOs worldwide, as per the Brand Guardianship Index which rates CEOs on how well they measure up as brand ambassadors, based on marketing investments, growth in stakeholder equity and business performance. Additionally, TCS brand value is seen as the driving force behind the Tata Groups ranking amongst the worlds Top 100 Brands.

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