TCS Clinches Everest Group's 2025 Growth Honor for Market-Leading Performance

2 min read     Updated on 18 Sept 2025, 03:14 PM
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Ashish ThakurScanX News Team
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Overview

Tata Consultancy Services (TCS) has been awarded the Growth Honor of the Year at Everest Group's 2025 Elevate Honors for its market-leading constant-currency revenue growth among global service providers with revenues over $5 billion. TCS achieved a total contract value of $39.40 billion and revenues of $30.00 billion. The company has appointed a Chief AI Officer to enhance its AI capabilities. TCS has become the world's second-largest global IT services brand, valued at $21.30 billion, representing an 826% growth in brand value over 15 years. The company's influence spans across banking, communications, entertainment, and retail sectors, with its technology being used by major global companies in these industries.

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*this image is generated using AI for illustrative purposes only.

Tata Consultancy Services (TCS), India's leading IT services giant, has secured the prestigious Growth Honor of the Year award at Everest Group's 2025 Elevate Honors. This recognition underscores TCS' exceptional market-leading constant-currency revenue growth among global service providers with revenues exceeding $5 billion.

Impressive Financial Performance

TCS demonstrated remarkable financial prowess, achieving a total contract value of $39.40 billion and revenues of $30.00 billion. This stellar performance reflects the company's strong organic business growth, operational excellence, and consistent market-leading results across global markets.

AI-Driven Innovation

In a strategic move to bolster its artificial intelligence capabilities, TCS recently appointed a Chief AI Officer. This appointment aligns with the company's commitment to scaling its business, capabilities, and talent in the rapidly evolving AI landscape. TCS offers a comprehensive suite of services encompassing AI, data, enterprise solutions, digital engineering, cloud, and cybersecurity.

Global Brand Recognition

TCS' growth trajectory has catapulted it to new heights in global brand rankings. The company has become the world's second-largest global IT services brand, with a valuation of $21.30 billion. This milestone represents an impressive 826% growth in brand value over the past 15 years, rising from $2.30 billion in 2010.

Industry-Wide Impact

TCS' influence spans across various sectors:

  • Banking and Finance: The TCS BaNCS platform processes banking transactions for over 30% of the global population, with two of the world's largest core banking systems running on this platform, handling one billion accounts.
  • Communications and Entertainment: Six of the global top 10 communications and mobile service providers and eight of the world's top 10 entertainment companies rely on TCS technology.
  • Retail: TCS collaborates with the world's top 10 retailers, showcasing its dominance in the sector.

Leadership Perspective

Nikhil Shahane, Global Head - Analyst Relations at TCS, commented on the award: "This recognition reflects our unwavering commitment to growth, driven by our expertise in AI and Digital Transformation, and the trust our clients place in us to deliver positive business outcomes. At TCS, we continue to invest in innovation, talent, and partnerships that drive meaningful impact across industries, to enable our customers to be perpetually adaptive enterprises."

Looking Ahead

As TCS continues to push the boundaries of innovation and service excellence, this recognition from Everest Group serves as a testament to its leadership in the global IT services landscape. With its focus on AI-driven solutions and commitment to fostering perpetually adaptive enterprises, TCS is well-positioned to maintain its growth trajectory and industry-leading status.

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TCS and Vodafone Idea Forge Five-Year Partnership for AI-Powered Customer Experience Platform

1 min read     Updated on 18 Sept 2025, 11:07 AM
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Jubin VergheseScanX News Team
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Overview

Tata Consultancy Services (TCS) has entered a five-year partnership with Vodafone Idea (Vi) to enhance customer experience through an AI-driven platform. The collaboration aims to transform Vi's business support system using TCS HOBS™ and TCS TwinX™ technologies. This initiative will create a unified platform to accelerate service delivery, ensure resilient performance, and provide personalized customer interactions. The partnership leverages TCS's extensive experience in the telecommunications sector and aligns with their vision of advancing India's digital landscape.

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*this image is generated using AI for illustrative purposes only.

Tata Consultancy Services (TCS), India's leading IT services provider, has announced a significant five-year partnership with Vodafone Idea (Vi) to revolutionize customer experience through an advanced AI-driven platform. This collaboration marks a pivotal moment in the telecommunications industry, leveraging cutting-edge technology to enhance service delivery and customer engagement.

Transforming Business Support Systems

The partnership aims to transform Vi's business support system (BSS) by implementing a future-ready platform powered by artificial intelligence. This strategic initiative will utilize TCS's flagship products, TCS HOBS™ and TCS TwinX™, to create a robust digital backbone for Vi's operations.

Key Features of the AI-Driven Platform

  • TCS HOBS™: Will serve as the digital core for business support systems, enhancing agility, stability, and seamless integration across customer touchpoints.
  • TCS TwinX™: Complements HOBS with AI/ML-powered intelligence and scenario simulation capabilities, improving service responsiveness and personalized customer interactions.
  • Unified Platform: The combination of these technologies will accelerate service delivery, ensure resilient performance, and provide flexibility to adapt to evolving customer needs.

Impact on Customer Experience

Jagbir Singh, Chief Technology Officer of Vodafone Idea Limited, emphasized the transformative nature of this partnership, stating, "By modernizing our BSS platforms embedded with AI-driven innovation, we are setting a new standard to deliver faster, smarter and more personalized digital experiences."

TCS's Expertise in Telecommunications

TCS brings over 25 years of experience in supporting Communications, Media, and Information Services businesses globally. The company's extensive reach includes:

  • Serving CMI customers across 45 countries
  • Operating from more than 105 delivery locations
  • Supporting over one billion telecom subscribers worldwide

Strategic Importance

Ujjwal Mathur, President & Country Head - India Business at TCS, highlighted the significance of this collaboration, saying, "This initiative marks a pivotal step in driving AI-led transformation of Vi's core Business Support System. This collaboration underscores our dedication to delivering innovative solutions that drive growth and excellence in the telecom sector."

Advancing India's Digital Landscape

This partnership aligns with TCS's vision of accelerating India's progress through indigenous solutions. It focuses on:

  • Sustainability, security, and sovereignty
  • Fueling innovation and economic growth
  • Empowering governments, enterprises, and citizens in an AI-first world

As the telecom industry continues to evolve, this collaboration between TCS and Vodafone Idea sets a new benchmark for customer-centric, AI-driven solutions in the Indian market. The initiative promises to deliver enhanced operational efficiency and an unparalleled customer experience, potentially reshaping the landscape of telecom services in the country.

Historical Stock Returns for Tata Consultancy Services

1 Day5 Days1 Month6 Months1 Year5 Years
-3.01%-1.22%+0.65%-15.30%-27.99%+21.83%
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