Employees at Tata Consultancy Services 2005-2019
Number of employees at Tata Consultancy Services (TCS) from 2005 to 2019
As of March 31, 2019, Tata Consultancy Services, the multinational information technology service company, had just over 424,200 employees in the world.
Tata Consultancy Services
Headquartered in Mumbai, India, Tata Consultancy Services provides IT, business consulting and outsourcing services in over 46 countries. For the fiscal year ending March 31, 2019, they had revenue of approximately 1.46 trillion Indian rupees. More than half of this revenue came from the Americas, where they generated 53 percent of the total revenue. By industry vertical, banking, financial services, and insurances made up about 39.6 percent of their total revenue.
Business process outsourcing (BPO) market
Outsourcing is a business practice when a company hires another company to do other services that could be done internally. As a result, this causes controversy. Those opposed it say that it gets rid of jobs domestically. Those in favor of it say that it helps maintain the nature of the free market because businesses can distribute resources in the most effective manner. In 2018, the global market size of outsourced services amounted to 85.6 billion U.S. dollars. Regionally, most of this revenue came from the Americas. By service type, information technology outsourcing generated 62 percent of revenue, while 23.6 percent of the revenue came from business process outsourcing. Business process outsourcing consists of outsourcing the business operations to a third-party service provider.
Number of employees at Tata Consultancy Services (TCS) from 2005 to 2019
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