Swot of Tcs
Swot of Tcs
Swot of Tcs
Strengths
TCS serves clients in a variety of industries, including banking, financial services, retail,
telecommunications, and media & entertainment. Exposure to a variety of company industries
reduces the risk of becoming overly reliant on a particular market or industry.
2. Geographical Impact
TCS has deliberately grown to geographically diverse markets around the world, including North
America, the United Kingdom, the Middle East, Europe, Africa, and Asia-Pacific. TCS's presence
in geographically diverse areas lessens business risks while also establishing a strong worldwide
image.
3. Strategic Partnership
TCS has formed solid partnerships with multinational corporations all around the world. It
collaborated with tech titans such as Adobe, Dell, Amazon, HIP, Bosch, and others. Through
these relationships, TCS provides both technologically sustainable and innovative commercial
and strategic solutions.
TCS has a comprehensive and well-balanced service offering that comprises application
development and maintenance of Business Process Services (BPS), IT infrastructures, business
intelligence, and other services. A powerful and broad portfolio is attracted by a variety of
commercial customers.
Weakness
1. Legal Battles
TCS was involved in a legal struggle with Epic Systems in 2014 over the alleged misuse of
Epic Systems' confidential information. TCS was found guilty in 2016 and ordered to pay
$940 million in damages. TCS opposes the decision and intends to appeal it to a higher
court. Such accidents have a negative impact on the company's image.
TCS subsidiary Diligenta has consistently performed below expectations. The company is
unlikely to improve its performance rapidly, which will have an impact on TCS's bottom line.
Opportunities
1. Digital transformation
As the world becomes more digital, business dynamics are evolving to reflect this also shift.
TCS has concentrated on digital transformation and the provision of digital solutions. TCS
should plan to invest more in digital transformation technology in the future.
2. Cloud-based solutions
Wireless and cable communications systems are also possible with M2M solutions. M2M
solutions have a bright future ahead of them and are projected to produce significant
income. TCS offers a broad array of M2M services, allowing it to capitalise on the growing
demand for M2M solutions.
Threats
With immigration laws, higher H-1B visa fees, and changing political situations in the US,
Indian IT companies are anticipated to suffer as their costs rise and impair profitability. As a
result, they pose a risk to the industry.
2. Intense rivalry
IT firms like Infosys, Wipro, Capgemini, Deloitte, Accenture, and others are up against stiff
competition. As a result, there are price wars in the industry, and market share is limited.
The Indian IT industry has a high attrition rate, which drives up expenditures to train new
personnel and improve leadership abilities, as well as affecting the company's reputation.