TIL Desk/Business/London-Tata Consultancy Services, a leading global IT services, consulting and business solutions firm, on Tuesday, announced its ranking as the 58th most valuable US brand in an annual survey by a top brand valuation company. The Brand Finance study ‘Top 500 US Brands’ evaluates the financial value of a company’s brand name, intellectual assets and trademark as compared to companies across industries.
TCS is one of only four global IT Services companies recognised as a Top 100 Brand in the US, and is the sector’s most powerful brand with a score of 78.3 points, earning it an AA+ rating. Moreover, TCS’ brand value grew 286 per cent from $2.3 billion in 2010 to $9.04 billion in 2016, marking the fastest growth across the IT Services industry during this period.
“TCS’ customer focus has been central to its recent success, but a closer look at our data shows strong and improving scores for brand investment and staff satisfaction, too,” said David Haigh, CEO of Brand Finance.