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TCS worlds second most valuable IT brand, Infosys fastest growing | TCS becomes world’s second most valuable IT company, brand value up 12.5% ​​to $16.78 billion

According to the Brand Finance 2022 Global Report, Tata Consultancy Services (TCS) is the second most valuable brand in IT services worldwide. Accenture still remains on top.

Published: January 26, 2022 02:38:17 pm

Tata Consultancy Services (TCS) has become the second most valuable IT (Information Technology) services brand across the world. According to a report by Brand Finance, Accenture is currently at number one in terms of brand before Tata Consultancy Services (TCS). On this report, TCS said that “this growth is attributed to the number of people who have invested in the company’s brand and its employees, customer equity and strong financial performance.” Explain that brand value reflects the current value of earnings of any company. According to the Brand Finance 2022 Global Report, Tata Consultancy Services (TCS) is the second most valuable brand in IT services worldwide. Accenture still remains at the top.

TCS worlds second most valuable IT brand, Infosys fastest growing

TCS has a brand value of $16.786 billionAccording to the report, the brand value of TCS has increased by $1.844 billion (12.5 percent) to $16.786 billion in the last 12 months. The company said that IT services firm Tata Consultancy Services (TCS) has achieved a significant milestone of achieving revenue of $ 25 billion in the year 2021.

Second largest brand value company in IT Sector

David Haig, CEO and President, Brand Finance, said, “TCS has become the second most valuable brand in the region for the first time and continues to improve its IT services rankings. Last year, TCS strengthened its global brand position and as a result of continuous investments in this company, it has become the second largest brand value company in the IT sector today.

Infosys second largest brand value company in IT sectorThe report further states that Infosys, ranked third, has emerged as the fastest growing IT services brand globally. Infosys has seen a 52 per cent price increase since last year. Before Infosys and TCS, American multinational information technology company IBM was second in terms of brand value, but Indian companies have overtaken it.

Brand Finance itself in its report has acknowledged that Indian IT companies are performing well. Their brand value is increasing, but the American company has been left behind.

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