TATA consultancy services annual report 2018-19

TATA consultancy services annual report 2018-19

It is an information technology services consulting as well as a business solution provider, which has been in partnership with most of the world’s largest businesses along their journeys of transformation for around fifty years. The agency offers consultancy led cognitive powered technology and engineering services and solutions to its clients. The delivery and the realization of the mentioned attributes are met by the uniqueness location independence and agile delivery technique with a benchmark of excellence Performance in the development of software.

The company has seen a milestone move in terms of the revenue accrued from the services they offer to the partner business organizations .where there was a tremendous growth rate of 7.7% from the previous year, these increasing the dividend ratio share of the stakeholders. And the influence of other investors into investing in the agency.

strengths

Driving growth and transformation

The strong agency Performance is promoted widely by the adoption of digital technology that seems to be the new world order.  Ensuring that the production rate meets the demand schedules and the quality of the customers’ preference. For instance, the adoption of technologies such as cloud, analytics, machine learning, and IOT.the investment on technology has been at the forefront in ensuring that the agency can meet the demands of customers worldwide by the provision of immediate feedback to the queries that their partners may be experiencing.

Transformations of the yin and yang

Their relevance in the industry has been made achievable by the adoption of the advancement in the marketing strategies. Ensuring that they can enjoy the market advantage with their unique location being the other core factor that the agency has firmly focused as their strength in providing that they conquer the market demands.

From the reading and elaborating the executive summary the following clauses opt not to be factored in the report

weaknesses

Global warming

The annual report of the agency has sidelined with basically improving the technological measures to ensure that they are capable of reaching the whole world in matters of rendering their consultancy services of which is very precise. Apart from that, the agency has forgotten to layout measures that will ensure that the advancement that they take through the development of advanced technology does not harm the environment through the emission of chemicals that are dangerous to humankind. Thus their development plan is one-sided.

Unemployment

Due to the rapid growth in the population currently, every organization has the obligation of setting up measures that will propose the strategies to develop and create employment opportunities. The agency time to time advancement of their technology operations has seen most people lose their jobs as they are replaced by the machines thus increasing the percentage of unemployment.whcih has no consideration in the agencies report

Improvements

The agency should focus on leaving the environment better than they found it through the development of conservation measures such as the adoption of reforestation to areas where their machinery has privileged the growth of green cover due to their emissions.

Employment opportunities

Despite the primary goal of the agency in the report being revenue maximization. The agency should ensure that although they articulate for more technological growth the human skills should also be prioritized in the execution of their duties and ensuring that they curb the unemployment rate prevailing

Reference

https://www.tcs.com/content/dam/tcs/investor-relations/financial-statements/2018-19/ar/annual-report-2018-2019.pdf