TCS Becomes World’s Second-Largest IT Firm: CEO Krithivasan’s Note to Employees

Tata Consultancy Services (TCS) has reached a significant milestone, surpassing $30 billion in annual revenue and establishing itself as the world's second-largest IT services brand. According to the report, in an internal note to employees, CEO K Krithivasan celebrated the achievement and outlined the company's plans for future growth.

The landmark achievement

TCS has a brand valuation of $21.3 billion, confirming its position as a global leader in IT services. Krithivasan emphasized that the company's success stems from its commitment to innovation, agility, and customer-centric solutions. "We can continue this momentum," he said, referring to TCS's evolving business narrative, 'The Perpetually Adaptive Enterprise.'

Leadership shifts and strategic focus

TCS has made key leadership appointments, including the return of Aarthi Subramanian as President and Chief Operating Officer, who has three decades of experience with the Tata Group. Mangesh Sathe has been appointed Chief Strategy Officer, bringing his experience in business transformation to Tata Group companies.

Krithivasan reiterated TCS's commitment to "audacious goals that elevate customer success journeys," highlighting the company's emphasis on agility, innovation, and collaboration.

The Road Ahead

TCS's achievement comes as AI-powered solutions and digital transformation are reshaping the IT landscape. The company's ability to anticipate disruption and use it as a catalyst for growth will be critical to maintaining its competitive advantage.