Tata Consultancy Services - Most Innovative Tech Company of the Year

Company: Tata Consultancy Services
Company Description: Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services and consulting company, headquartered in Mumbai, Maharashtra, India. As of May 2021, TCS is the largest company in the IT sector in the world by market capitalization of $169.2 billion. It is a subsidiary of the Tata Group and operates in 149 locations across 46 countries.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Most Innovative Tech Company of the Year - More Than 2,500 Employees

Nomination Title: Tata Consultancy Services

TCS, an IT services, consulting, and business solutions provider, partners with the world’s largest brands in 46 countries. Founded in 1968, TCS is the world’s most valued IT firm at $169.2 billion in May ‘21.

TCS invests in Research and Innovation(R&I) with India’s earliest industrial research center in 1981. TCS R&I, with 6000+ innovators and 30+ labs, contributes to TCS’ business and societal pursuits. TCS was ranked 64th on Forbes World’s Most Innovative Companies.

The key elements of TCS R&I are Research, Ecosystem, and Innovation.

Research invents at the intersection of computing and sciences, publishing 200+ papers annually in premier journals. TCS was awardedBest Patents Portfolio Awardfor its inventive capacity.

TCS’ innovation ecosystem, COINTMpartners with 60+ universities and 2000+ emerging technology startups. For instance, TCS partnered with UCBand UCSFin identifying genetic mutations in newborns to predict rare diseases.

TCS leverages research and ecosystem to innovate for customers and society. Its joint center with Totalis creating 4thgeneration refineries. TCS’ Digital Impact Squareuses technology to cultivate social entrepreneurship.

TCS fosters an enterprise innovation culture recognizing grassroot innovation. In 2021, 10,000+ teams & 30,000+ employees participated in its flagship innovation contest.

Since 2019, TCS has numerous achievements against research, ecosystem and innovation.

Research:

- 12+wins in conferences and competitions in the fields of sensing, cognitive robotics, cybersecurity, meta-materials.
- 15+researchers recognized as members of standards bodies & forums for their contributions to AI, engineering, cybersecurity, sensing, computing.
- 4awards won for IP Portfolio - Best Patents Portfolio Award (2019& 2020, National IP Award 2019and Intellectual Asset Management’s Asia IP Elite award 2019.

Ecosystem:
- 20+startups benefitted through 30 implementations of their offerings in partnership with TCS.
- TCS COINTMundertook new academic partnerships with KTH Royal Institute of Technology, National Law School, University of Tokyo.25+new projects funded with academia.

Innovating for Customers & Society:
- TCS Pace Ports launched in major markets as joint innovation spaces - Pittsburgh, Torontoetc. TCS Amsterdam Pace Portwas used to further ABN Amro’s Asset Based Finance innovation vision of sustainable banking.
- TCS and PETRONAS launched a Social Enterprise Education Lab(SEEd.Lab), an incubator to encourage entrepreneurship and job creation.
- TCS’ Digital FarmingInitiatives adopted remote sensing and IoT to personalize solutions for farmers; adopted by over 2 millionfarmers. https://www.tcs.com/malaysia-social-entrepreneurship-lab
- TCS’ Access Infinity Platformmade 670000+ books accessible under the Sugamya Pustakalayaprogram, winner of the Zero Project Award 2021.
- TCS VHAB and Assisto, supported people with cerebral palsy, using VR and AI.
- Homebound, a remote monitoring application was developed with UCSD, and Qualcomm.
- TCS Sustainathoninspired students to use technology for a sustainable future by reducing food wastage.

TCS’ investments in research, ecosystem & innovation have competitively differentiated our financial performance, brand value and our ability to attract and retain the best talent.

We are the world’s largest IT companyby market capitalization and the second Most Valuable Company in India as of May 2021. We took 22 new offerings to market in 2019 and 28 new offerings to market in 2020. Our ability to continuously update our offerings portfolio through innovation has strengthened our financial performance.

TCS is among the Top 3 IT Services Brandsin the Brand Finance 2021 Rankings; its Brand Value grew by more than 10% over the previous year – the Highest Absolute Growth Among the Companies Assessed. This makes us a partner of choice for our customers.

TCS retained its position as a Global Top Employer for the 6thconsecutive year. It is testimony to the strong internal culture that we have built over the years. TCS won the Business Culture Award 2020for the Best Use of Innovation for Business Culture. TCS CodeVita, the Guinness World Record holder for the “Largest computer programming competition”, has helped attract top notch innovative talent.

Annual Report-20, 57-58, 104, 115-118 https://www.tcs.com/content/dam/tcs/investor-relations/financial-statements/2020-21/ar/annual-report-2020-2021.pdf

Research:
- Best Book in Reference category at Book and Digital Product Awards 2020. https://www.routledge.com/go/2020-book-and-digital-product-awards
- TCS VeriFuzz and VeriAbs win at Test-Comp and SV-COMP 2020 & 2021.
- “Live Demonstration: Unobtrusive and Continuous Monitoring of Respiration Employing a Dual CW Radar Assembly” wins Best Demo Paper Award (Runner Up) at ISCAS 2020.
- ‘Meta-Learning for Few Shot Time Series Classification' amongst top-5 at CODS-COMAD 2020.
- “Effect of temperature and salt concentration on the properties of electrolyte for sodium ion batteries”, wins Best Paper Award at ICAER 2019.
- TCS amongst TOP 6 at AI Hackathon SAMHAR https://developer.nvidia.com/blog/government-of-india-nvidia-and-openacc-hackathon-helps-develop-covid-19-solutions/
- TCS wins Fearless Steps Challenge of INTERSPEECH 2019.
- TCS –IISC team Ranked #9 at MBZIRC Grand challenge 2020, wins Special Award. https://economictimes.indiatimes.com/technology/tcs-iisc-team-chases-million-dollar-drone-prize/articleshow/67680552.cms
- Mobile Robotics Telepresence receives Best Demo award at ICDCN 2020 for Demo: Edge-centric Telepresence Avatar Robot for Geographically Distributed Environment https://www.researchgate.net/publication/338449990_Demo_Edge-centric_Telepresence_Avatar_Robot_for_Geographically_Distributed_Environment
- TCS Research Cybersecurity team as First Runners Up at HYPERHACK2020

Few Researchers’ Win:
TCS Scientist as member of Springer’s Empirical Software Engineering Journal Editorial Board.
TCS Scientist contributes to GoI task force on Cyber Security for AI report.
TCS Scientists awarded CSI Young IT Professional Region II 2021.
TCS Scientist as Fellow of Institution of Engineers (India).
TCS Researcher wins INAE best masters project award 2020.
TCS Researcher wins CSR Special Initiative Award.
TCS Scientist elected as Fellows of INAE.
TCS Scientist as Chair of INCOSE architecture working group, wins Sustained Performance in 2019.
TCS Scientist nominated as Chair for India Agile Standards at Bureau of Indian Standards.