You are here » Home » Companies » Company Overview » Tata Consultancy Services Ltd

Tata Consultancy Services Ltd.

BSE: 532540 Sector: IT
NSE: TCS ISIN Code: INE467B01029
BSE 00:00 | 19 Sep 2076.90 6.90
(0.33%)
OPEN

2074.00

HIGH

2088.10

LOW

2066.00

NSE 00:00 | 19 Sep 2077.90 7.15
(0.35%)
OPEN

2071.90

HIGH

2089.00

LOW

2066.85

OPEN 2074.00
PREVIOUS CLOSE 2070.00
VOLUME 56494
52-Week high 2105.95
52-Week low 1210.33
P/E 30.93
Mkt Cap.(Rs cr) 795,162
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 2074.00
CLOSE 2070.00
VOLUME 56494
52-Week high 2105.95
52-Week low 1210.33
P/E 30.93
Mkt Cap.(Rs cr) 795,162
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Tata Consultancy Services Ltd. (TCS) - Chairman Speech

Company chairman speech

Dear Stakeholder

It is my privilege to write to you on this occasion as we celebrate the 50thanniversary of the birth of TCS as well as the 150th anniversary of the founding of theTata Group.

It is a matter of immense pride that today 50 years later your Company is one of thelargest IT service-providers globally a trusted partner to so many Fortune 500corporations in their digital transformation journeys and counted among the top three ITservices brands globally.

TCS is an inspiring story of a successful technology start-up. Over the past fivedecades your Company has emerged from each cycle of technology change – frommainframes to the digital era – stronger with bigger footprints across markets withmore capabilities solutions and customers. It has seeded and opened up new markets inLatin America Europe China and Japan for the industry. It has built an industry-wideecosystem of students and academic institutions to develop new capabilities andinnovations on a continuous basis.

As technology is infused into every aspect of business and society today its power todisrupt has only magnified the process of creative destruction. Against this backdropyour Company's strong growth and customer impact over the last five decades in a dynamicglobal industry to emerge as a leader in its field is a worthy achievement.

What has helped your Company sustain its journey has been its strong value systems itsability to always put the customer at the center of its strategy and a never-ending desireto collaborate and learn. What also stands out are the employees who have made thispossible with their strong customer focus agile mindset and a strong performance ethic.TCS has invested in the right capabilities at the right time and at scale; helping it tostay relevant to customers through every period of technology change. Empowering employeesand helping them realize their potential has resulted in an entrepreneurial innovativeand agile organization. TCS has also inspired trust in all its stakeholders by deliveringan experience of certainty in everything it does.

I believe that longevity is not an end in itself but an opportunity for your Company tomake a sustainable impact on society by aligning the interests of the organization withthose of all our stakeholders. TCS has been pursuing a very well thought out globalCorporate Social Responsibility program with measurable outcomes in sectors likeeducation healthcare and the environment.

In every community that TCS touches it has been a force of good creating skills andwell-paying jobs that boost the local economies promoting health and wellness of itsconstituents as well as driving environmental sustainability. Our efforts in many parts ofthe world to reduce the inequities caused by the digital skill divide and to build futuregenerations of digitally savvy individuals are scaling up very well. All this and thestructured volunteering programs offered to employees have imbued a higher sense ofpurpose in the organization.

The onset of digital technologies is very different from prior technology changes andis having a far more profound impact on businesses and entire industries triggering verydeep-rooted transformations that will play out over the next few years. The changes we areseeing are a direct outcome of the explosion of data in the last few years. Leadingorganization of the last many years were renowned for their process maturity today'swinners will be decided by their data maturity. Forward thinking enterprises have beeninvesting over the last few years to harness the abundance of data within the enterpriseand outside to design products and experiences that are highly personalized for theircustomers. They will rely ever more on strategic partners like TCS who possess a deepcontextual knowledge of their business and a full range of technology capabilities. YourCompany's strategic and early investments in Digital have positioned it well to benefitfrom the immense opportunities that lie ahead.

On behalf of the Board of Directors of Tata Consultancy Services I want to thank youfor your continued trust confidence and support.

Warm regards

N Chandrasekaran

Chairman