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in a Dynamic Environment - Tata Consultancy Services

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Under his leadership, the enablers for TCS’ accelerated growth<br />

were put <strong>in</strong> place. It was restructured <strong>in</strong>to a doma<strong>in</strong> led<br />

organisation, capabilities were evolved to deliver end-to-end<br />

solutions and organisation-wide uniform quality processes<br />

were<strong>in</strong>troducedandre<strong>in</strong>forced.<br />

TCS became the world’s first organisation to achieve an<br />

Integrated Enterprise-wide Maturity Level 5 on both Capability<br />

Maturity model and People Capability Maturity model; these<br />

are frameworks conceptualised by the Software Eng<strong>in</strong>eer<strong>in</strong>g<br />

Institute at Carnegie Mellon University, to benchmark and<br />

appraise the software process and people management<br />

processofanorganisation.<br />

As the offshore model of software development ga<strong>in</strong>ed<br />

currency among global corporations, Ramadorai played an<br />

active role <strong>in</strong> establish<strong>in</strong>g Offshore Development Centers<br />

(ODCs) <strong>in</strong> India to provide high-end quality solutions to major<br />

corporations such as HPand GE. Under his leadership,<br />

Technology Excellence Centers were set up <strong>in</strong> India with a view<br />

to rema<strong>in</strong> abreast with chang<strong>in</strong>g technologies at all times.<br />

Internal operational efficiency were given a boost by an<br />

Enterprise-widedigitisation<strong>in</strong>itiative.<br />

One turn<strong>in</strong>g po<strong>in</strong>t <strong>in</strong> 1989 was SEGA–aprojecttodesign,build<br />

and implement on a turnkey basis a new system for the Swiss<br />

Corporation for Securities, Clear<strong>in</strong>g and Settlement. The 350person<br />

year project went live on schedule and established the<br />

TCS brand as a global technology partner with unmatched<br />

credentialsfordeliveryexcellence.Thisprovidedaplatformfor<br />

10 | TCS Annual Report 2008-09<br />

"Over the last few decades India's Bank<strong>in</strong>g sector has transformed itself<br />

by the adoption and deployment of technology. TCS has been at the<br />

forefront of this revolution. A transformational partnership with TCS<br />

has enabled State Bank of India, India's largest bank, to provide topclass<br />

services to millions of Indians. Under Mr. Ramadorai's leadership,<br />

TCS has evolved <strong>in</strong>to a trusted bus<strong>in</strong>ess partner for lead<strong>in</strong>g<br />

organizations like SBI."<br />

O P Bhatt,<br />

Chairman, State Bank of India<br />

TCS to build India’s f<strong>in</strong>ancial and capital market <strong>in</strong>frastructure<br />

<strong>in</strong>clud<strong>in</strong>gthestate-of-the-artNationalStockExchangewhichis<br />

among the biggest exchanges <strong>in</strong> terms of volumes as well as the<br />

National Securities Depository which made the Indian stock<br />

marketspaperless.<br />

TCS to build India’s f<strong>in</strong>ancial and capital market <strong>in</strong>frastructure<br />

<strong>in</strong>clud<strong>in</strong>gthestate-of-the-artNationalStockExchangewhichis<br />

among the biggest exchanges <strong>in</strong> terms of volumes as well as the<br />

National Securities Depository which made the Indian stock<br />

marketspaperless.<br />

New horizons emerged for the bus<strong>in</strong>ess <strong>in</strong>clud<strong>in</strong>g the Y2K<br />

problem before the end of the millennium, E-bus<strong>in</strong>ess services,<br />

BPO services and Eng<strong>in</strong>eer<strong>in</strong>g services. TCS’global growth saw<br />

an expansion <strong>in</strong> its customer list, its global network and<br />

presence, <strong>in</strong>creased <strong>in</strong>teraction with professional groups and<br />

earned a greater voice share with the Indian Government on<br />

policymatters.<br />

In 2003,TCS became India’s first billion dollar IT <strong>Services</strong> Company<br />

and soon after the follow<strong>in</strong>g year, went public through an IPO<br />

which was at that time the largest ever <strong>in</strong>itial public offer<strong>in</strong>g.

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