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TCS is UK's no.1 software and IT services company once again: Report

Tata Consultancy Services (TCS) said on Monday it has been ranked number one by revenue among the top 30 suppliers of software and IT services (SITS) to the UK market by industry analyst firm

Tata Consultancy Services | UK | IT services

Press Trust of India  |  Bengaluru 

The current situation is even poorer than the second quarter of FY15 when the attrition rate had touched 16.2 per cent

(TCS) said on Monday it has been ranked number one by revenue among the top 30 suppliers of software and (SITS) to the market by industry analyst firm, 'TechMarketView'.

The report is compiled through a detailed analysis of revenues of over 200 publicly quoted and privately held companies, a TCS statement said. TCS has retained its position as the UK's largest SITS provider.

The company said it also performed very well in the revenue rankings by sub-category, topping the chart for applications operations, ranking number two in IT/BP Services, and number three in the consulting and solutions categories.

The report highlights that TCS' bounce back from the pandemic has been sharp in the where it won significant deals with the likes of Royal London, Virgin Atlantic, Nationwide, Department of Work and Pensions, and Transport for London during the year.

Over the past year, we began many new partnerships with UK corporations looking to modernise their technology stacks, while deepening our relationships with existing clients to become their innovation, growth and transformation partner, said Amit Kapur, Country Head, TCS UK and Ireland.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mon, July 18 2022. 14:51 IST