Tata consultancy services:
Origin
The company which initially set up as “Tata Computer Systems” was founded in 1968 by division of Tata Sons Limited. It launched intopunched card services to sister company TISCO, functioning on an Inter-Branch Reconciliation System for the Central Bank of India, and delivering bureau services to Unit Trust in India.
In 1975, Tata consultancy provided an trading system and electronic depository called SECOM for Swiss .In 1980, Tata Services initiated India’s first dedicated software research and development Centre, the Tata Research Development and Design Centre in Pune in 1981, it progressed to India’s first client-dedicated offshore development centre, set up for clients Tandem. They behind time partnered with Canada-based software factory Integrity Software Corp, which TCS later acquired.
Path of growth
Tata Consultancy Service became a publicly listed company on 25 August 2004. TCS had been the first Indian based service to enter bioinformatics. In 2005, in 2006, they designed an ERP system for the Corporation. The company’s e-business activities were generating over US$500 million in annual revenues by 2008
The entry into the mediumand small enterprise market of the company was in 2011, with cloud-based offerings. TCS achieved annual revenues of over US$10 billion for the first time in 2011/12.
The company declared a partnership with a payments technology company Aurus, Inc.,to in Jan 2017 to deliver payment solutions for retailers using TCS OmniStore, a first of its kind unified store commerce platform
In 2019 American Business Award was received by TCS from Four Stevies.
On 8 October 2020, TCS exceededAccenture in market capitalization to become the world’s most-valuable IT Company with a market cap of $144.73 billion
Market share
- Revenue: Rs 161,541 crore (US$23billion)
- Operating income: Rs 42,248crore (US$5.9billion)
- Net income: Rs 32,340crore (US$4.5billion)
- Total asset: Rs 120,899crore (US$17billion)
- Total equity: Rs 84,126crore (US$23billion)
Job opportunities
The company has been ranked one of the largest private sector employers in India and became the fourth-largest employer among recorded companies of India with a total of 446,675 employees, of which 36.2% were women. The figures of non-Indian nationals was 21,282 as on 31 March 2013 TCS has more than 4, 00,000 employees and graded as world’s third largest IT employer behind IBM and HP.
TCS has contributed TCS BaNCS an interactive software for finance related activities. Tax mantra being integrated with tax solutions. E-learning effectiveness TCS business rules engine are some popular products.
Infosys
Origin
The company was first established in 1981 by seven engineers in Pune, Maharashtra,India with an initial capital of $250. On 2 July 1981 the company was registered as Infosys Consultants Private Limited. It then moved its office to Bangalore, Karnataka, India.
In April 1992 The Company modified its name to Infosys Technologies Private Limited and to Infosys Technologies Limited when it became a public limited company in June 1992. Behind time it was renamed to Infosys Limited in June 2011.
Path of growth
The annual income of the company reached US$100 million in 1999, US$1 billion in 2004 and US$10 billion in 2017.In 2012, Infosys established a new office in Milawaukee, Wisconsin, to aid Harley Davidson, being the 18th international office in the United States In April 2018 Infosys announced expanding in Indiana. The progression included more than 120 acres and is expected to result in 3,000 new jobs 1,000 more than previously declared.
Market share
- Revenue: Rs 93,594crore (US$13billion)
- Operating income: Rs 22,007crore (US$3.1billion)
- Net income: Rs 16,594crore (US$2.3billion)
- Total asset: Rs 92,768crore (US$13billion)
- Total equity: Rs 65,450crore (US$9.2billion)
Job opportunities
The employees of Infosys had reached a total of 243,454 at the end of December 2019, out of which 37.8% were women. Out of its overall workers, 229,658 are software professionals and the remaining 13,796 work for sales and support.
During the financial year 2019, Infosys received 2,333,420 applications from prospective employees, interviewed 180,225 candidates and had a gross addition of 94,324 employees, a 4% hiring rate. These numbers do not include its subsidiaries
The Infosys contributed INR 100 crore to support efforts towards fighting COVID-19 in India.
- For the expansion of health care especially for the weaker section
- To distribute ventilators, testing kits, and Personal Protective Equipment (PPE) like masks, and other protective gear for frontline healthcare workers
Wipro
Wipro was found to be the third-largest company in India, Although Wipro’s chairman and managing director Azim Hasham Premji was committed to the company’s diversified business model, the future of the company lies in the hands of software and IT services, which had made up nearly half of the company’s sales and has consistently outpaced the growth of Wipro’s other businesses. Wipro has become the third wide ranging company and its IT efforts are so reliable that in 1998 the company became the first in the world to have been awarded the SEI coveted Level 5 Certification for quality. After an impressive debut on the New York Stock Exchange in 2000, the chairman who owns 75 percent of Wipro, became one of the top billionaires in the world.
Growth
Wipro began to switch its IT business away from costly on-site development projects in the United States, to more profitable offshore development. To help keep up the competition, the company reproduced the development labs of some of its major clients, including IBM, AT&T, and Intel Corporation. When the company kept up their programming services, including communications, networking, and hardware design and operating system support it continued to diversify into other lines of business. The company also launched a lighting business, offering lighting solutions for domestic, commercial, industrial, and pharmaceutical lab environments.
Market share
- Revenue: Rs 63,862.60crore (US$9.0billion)
- Operating income: Rs 12,249 crore (US$3.1billion)
- Net income: Rs 9,772.30crore (US$1.4billion)
- Total asset: Rs 81,278.90crore (US$11billion)
- Total equity: Rs 55,321.70crore (US$7.8billion)
Employment opportunity
At Wipro, interviewees are considered for employment on the basis of qualifications and competencies. As an employee, there will be equal opportunity in all aspects of employment, including recruitment, training conditions of service, and career progression. Furthermore, they are committed to maintaining a workplace where each employee’s privacy and personal dignity are respected and protected from offensive or threatening behavior.
Hcl technologies
The company was started as the R&D Division of HCL Enterprise, which was a company who contributed to the growth and development of the IT and computer industry in India. In 1978 the company advanced a microcomputer, and a networking Operating System and client-server architecture in 1983. HCL Technologies was spun off as a separate unit to provide software services On 12 November 1991.
Growth
The company came out independent in 1991 when HCL progressed into the software services business. The firm has offices in 32 countries over the world. They are mainly handled in the fields of automotive; financial services; consumer electronics; aerospace and defense; energy and utilities; government; industrial manufacturing; natural resources and mining; independent software vendors; healthcare and life sciences; entertainment and media; retail and consumer; oil and gas; telecom; public services; semiconductors; server and storage; travel; transportation and logistics; and hospitality.
- Revenue: Rs 71,265crore (US$10billion)
- Operating income: Rs 13,980 crore (US$2.0billion)
- Net income: Rs 11,057crore (US$1.6billion)
- Total asset: Rs 82,906crore (US$12billion)
- Total equity: Rs 51,267crore (US$7.2billion)
Employment opportunities
HCL believes that equal job opportunity for all sections of society is a vital component of its development and competitiveness. All decisions or actions such as, benefits, transfers, layoffs, returns from layoff, growth opportunities, organization-sponsored training, , social and recreation and education assistance programs will be administered without regards to, color, religion, race, age, national origin, pregnancy, marital status, family status ,gender, disability, veteran status or any other class protected by local laws.
Tech Mahindra
The company was incorporated in 1986 offering Information Technology (IT) services and solutions to telecommunications sectors all around the world.
Tech Mahindra is part of the $12.5 billion Mahindra Group, where they hold a partnership with one of the world’s foremost communications service providers The British Telecommunications. Also giving importance primarily to the telecommunications industry, Tech Mahindra is a leading global systems integrator and business transformation consulting organization. Tech Mahindra enlarged its IT portfolio by obtaining the leading global business and information technology services company, Mahindra Satyam
Growth
The ability of the company expanded across a huge spectrum, including Business Tech Mahindra has successfully implemented more than 16 Greenfield Operations globally and has over 128 active customer engagements mostly in the Telecom sector. The company has been involved in about 8 transformation programs of incumbent telecom operators.
Market share
- Revenue: Rs 38,060.10crore (US$5.3billion)
- Operating income: Rs 5,063.30 crore (US$710billion)
- Net income: Rs 4,033.00crore (US$570million)
- Total asset: Rs 37,353051crore (US$5.2billion)
- Total equity: Rs 21,813.07crore (US$3.1billion)
The products of tech Mahindra included smart devices that provided insight into consumers mind with the technologies like AR, IoT, MR,VR and so on…
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