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TCS becomes world’s third largest IT services firm

Tata Consultancy Services (TCS) has become the third most-valued information technology (IT) service firm globally. Accenture Plc and International Business Machines Corp. (IBM) are at the first two places as per a report released by Brand Finance on Wednesday. Four Indian companies including TCS, Infosys, HCL Technologies Ltd. and Wipro Ltd. are among the top 10 IT companies in the world. The ‘IT Services 25 2021’ stated, “Third-ranked TCS is rapidly closing the gap with IBM following a healthy 11% brand value increase to $15 billion”. Accenture is the most valuable IT company with a brand value of $26 billion while IBM has a brand value of $16.1 billion.

Read more: Times of India | Economic Times

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