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TCS & Revenue Diversification: The Role of Global Expansion in Maintaining Financial Stability

Book Title: Corporate Case Studies

Editors: Dr. Abhijit Pramod Chandratreya and Dr. G. Gopalakrishnan

ISBN: 978-81-986047-8-1

Chapter: 3

DOI: https://doi.org/10.59646/csc3/327

Author: Dr. Dattatraya Pandurang Rane

Abstract

Prominent among global IT services providers, Tata Consultancy Services (TCS) has built a reputation for solid financial footing and varied income sources.  In this chapter, we will look at how TCS’s worldwide growth contributed to their long-term financial stability and revenue diversification.  When compared to the effects of economic downturns, political instability, and regulatory changes in a single area, TCS’s global operations provide more protection.  With a combination of IT services, consulting, cloud solutions, and digital transformation, the firm has grown its footprint throughout developing countries, North America, Europe, and Asia-Pacific, serving a variety of sectors.  Our research delves into the specifics of TCS’s revenue distribution across regions and sectors to reveal the company’s secret sauce for long-term success in the face of worldwide economic volatility.  This chapter gives a statistical rundown of how TCS makes money, some examples of its worldwide strategy in action, and some thoughts on the pros and downsides of going global.  We end with some important takeaways and issues for further debate around how IT companies might expand internationally.

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