TCS ranks third most valued IT services brand globally; IBM leads: Brand Finance
- India’s Tata Consultancy Services (TCS) has been ranked third most-valued IT services brand globally, according to a report by Brand Finance. The brand value of HDFC Bank is recorded at USD 15 billion.
- Four Indian IT services companies have secured spots in the top-10 globally, namely, TCS (3), Infosys (4), HCL (7) and Wipro (9).
- Accenture has retained the title of world’s most valuable and strongest IT services brand with brand value of $26 billion.
- IBM is at the second place with brand value of $16.1 billion
- What is Brand Value? The present value of earnings, specifically related to brand reputation.
Source: Business Standard