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5	5	= Company Overview =
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7		-TCS is an IT services, consulting and business solutions organization offering transformational as well as outsourcing services to global enterprises. TCS has a global presence, deep domain expertise in multiple industry verticals and a rich portfolio of services – consisting of consulting and service integration, digital transformation services, and cognitive business operations – targeting every C-suite stakeholder. The company use all these, and its industry leading suite of products and platforms to deliver high quality, high impact solutions leveraging the latest technologies to customers across the world.{{footnote}}https://www.tcs.com/growth-strategy{{/footnote}}
	7	+Tata Consultancy Services Ltd (NSE:TCS, NYSE:TTNQY) is an IT services, consulting and business solutions organization offering transformational as well as outsourcing services to global enterprises. TCS has a global presence, deep domain expertise in multiple industry verticals and a rich portfolio of services – consisting of consulting and service integration, digital transformation services, and cognitive business operations – targeting every C-suite stakeholder. The company use all these, and its industry leading suite of products and platforms to deliver high quality, high impact solutions leveraging the latest technologies to customers across the world.{{footnote}}https://www.tcs.com/growth-strategy{{/footnote}}
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9	9	== Strategy for Long Term Growth ==
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56	56	= Business Overview =
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58		-In CY 2019, the global market for software and services is estimated to have grown to $1.5 trillion . IT services is estimated to have grown by 3.5% YoY, characterized by a shift to digital technologies, and adoption of DevOps, and as-a-service models. Business Process Management grew by 4.5% over the prior year driven by a greater focus on robotic process automation as customers automate repetitive tasks and focus on strategic work
	58	+In CY 2019, the global market for software and services is estimated to have grown to $1.5 trillion . IT services is estimated to have grown by 3.5% YoY, characterized by a shift to digital technologies, and adoption of DevOps, and as-a-service models. Business Process Management grew by 4.5% over the prior year driven by a greater focus on robotic process automation as customers automate repetitive tasks and focus on strategic work{{footnote}}https://www.tcs.com/growth-strategy{{/footnote}}
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60	60	[[https:~~/~~/www.bseindia.com/bseplus/AnnualReport/532540/5325400320.pdf>>url:https://www.bseindia.com/bseplus/AnnualReport/532540/5325400320.pdf]]
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81	81	[[image:tcs.jpg||height="533" width="1000"]]
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84		-Outlook
	84	+= Outlook =
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86	86	Global economic growth is projected to contract sharply from 3.3% in 2019 to -3%22 in 2020, much worse than during the 2008-09 financial crisis. Rolling lockdowns and social distancing restrictions on account of the pandemic are expected to significantly impact economic activity in all major markets, and cause demand compression. In the immediate aftermath, enterprises are expected to downscale current investments, defer planned initiatives, cut costs and conserve cash. While this could inject volatility into TCS’ revenue growth, the company expects to gain market share from ensuing vendor consolidations.
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93	93	Recent developments
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96		-September 7, 2020. TPT South Africa Partners with TCS for Pioneering Logistics Supply Chain Transformation
	96	+September 7, 2020. TPT South Africa Partners with TCS for Pioneering Logistics Supply Chain Transformation{{footnote}}https://www.tcs.com/growth-strategy{{/footnote}}
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98	98	[[https:~~/~~/www.tcs.com/tpt-south-africa-partners-tcs-pioneering-logistics-supply-chain-transformation>>url:https://www.tcs.com/tpt-south-africa-partners-tcs-pioneering-logistics-supply-chain-transformation]]
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106	106	This will make the entire request and bid selection process completely transparent, delivering greater value to TPT’s customers. The platform will also help customers remotely track the cargo at every point of the container journey and send automated alerts with critical information, whenever a cargo event occurs. Expected to be ready in 12 months, the Cargo Connect marketplace will reshape the industry and drive TPT’s growth.
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109		-July 30, 2020 Vaillant Group Partners with TCS to Drive its Growth and Transformation Program
	109	+July 30, 2020 Vaillant Group Partners with TCS to Drive its Growth and Transformation Program{{footnote}}https://www.tcs.com/growth-strategy{{/footnote}}
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111	111	[[https:~~/~~/www.tcs.com/vaillant-group-partners-tcs-drive-growth-transformation-program>>url:https://www.tcs.com/vaillant-group-partners-tcs-drive-growth-transformation-program]]
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