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    TCS   INE467B01029

TATA CONSULTANCY SERVICES LTD.

(TCS)
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Tata Consultancy Services : French CxOs Rank TCS #1 in Customer Satisfaction in Independent Survey

01/17/2022 | 01:35am EDT

Tata Consultancy Services Topped Poll of 160 CxOs of Largest IT Spending Enterprises in France, with the Highest Scores in Business Understanding, Proactivity, Account Management, and Service Quality

PARIS | MUMBAI, January 17, 2022: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been voted number one in customer satisfaction in France, in an independent survey of CxOs of top IT spending organizations.

This is the third consecutive year that TCS has taken the top spot with an overall satisfaction score of 84%, compared to the industry average of 71%, reflecting TCS' strong performance across multiple dimensions.

The independent study by Whitelane Research surveyed more than 160 CxOs and senior decision makers of the top IT spending organizations in the country, representing over 480 contracts. It evaluated 31 IT service providers over 9 key performance indicators along service delivery, relationship, innovation, and transformation.

TCS took the top position in Business Understanding, Proactivity, Account Management, and Service Quality. By IT domain, the company ranked first in Application Development, Maintenance and Testing with an 85% satisfaction score.

Rammohan Gourneni, Country Manager, TCS France, said: "We are pleased to be ranked number one by our clients in France for our customer-centricity, domain knowledge and outstanding account management. These attributes and our sustained investments in talent development, innovation as well as the value we have created for our customers by continually investing in building localized domain capabilities across industries have made us the preferred growth and transformation partner to our French customers."

Congratulating TCS on this achievement,Brian Kudeba, Vice President, IT Strategy & Transformation, Ipsen, said: "We began our transformation journey with TCS in 2018 and since then we have developed a trusted relationship with a partner who understands our business, delivers reliable solutions, promptly addresses challenges, and is committed to achieving results. This #1 ranking in Customer Satisfaction for 3 years in a row is well deserved!"

"TCS is ranked number 1 in France in our extensive Customer Satisfaction survey for the third year in a row," said Jef Loos, Head of Sourcing, Whitelane Research. "In the challenging French business environment, TCS' growth remains strong and consistent over the year and this first position demonstrates the long-term engagement of TCS with its customers, and its capabilities, flexibility and agility in supporting their digital transformation."

Present in France since 1992, TCS currently partners with over 80 leading French corporations in their growth and transformation journeys, including 18 of the CAC40. Over the past few years, TCS has made sustainable investments in France and opened three delivery centers in the country - Paris-Suresnes, Lille and Poitiers, offering customers local support and access to TCS' deep technology and domain expertise.

Whitelane Research is an independent organization which conducts extensive European IT sourcing studies, as well as hosts events across the continent. In addition to publishing its annual Europe-wide report, Whitelane Research also publishes individual country-specific reports throughout the year.

About Tata Consultancy Services (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 556,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $22.2 billion in the fiscal year ended March 31, 2021 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com.

TCS Media Contacts Asia Pacific

Email: wenjian.lin@tcs.com

Phone: +65 9695 9948

Australia and New Zealand

Email: kelly.ryan@tcs.com

Phone: +61 422 989 682

Canada

Email: Tiffany.fisher@tcs.com

Phone: +1 416-456-7650

Europe

Email: joost.galema@tcs.com

Phone: +31 615 903387

India

Email: saxena.kritika@tcs.com

Phone: +91 22 6778 9999

Email: vanshika.sood@tcs.com

Phone: +91 22 67789098

Middle East & Africa

Email: s.hasneen@tcs.com

Phone: +00971567471988

Japan

Email: douglas.foote@tcs.com

Phone: +81 80 2115 0989

Latin America

Email: martin.karich@tcs.com

Phone: +569 6170 9013

UK

Email: peter.devery@tcs.com

Phone: +44 20 3155 2421

USA

Email: william.thomas@tcs.com

Phone: +1 203 984 3978

Disclaimer

TCS - Tata Consultancy Services Ltd. published this content on 17 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 January 2022 06:34:00 UTC.


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Sales 2023 2 191 B 28 156 M 28 156 M
Net income 2023 436 B 5 599 M 5 599 M
Net cash 2023 456 B 5 855 M 5 855 M
P/E ratio 2023 27,8x
Yield 2023 2,65%
Capitalization 12 049 B 155 B 155 B
EV / Sales 2023 5,29x
EV / Sales 2024 4,68x
Nbr of Employees 592 195
Free-Float 28,8%
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