The computer software industry comes under Technology group. It’s a Non-commodity type industry.

Industry Strengths

Ability to adapt to latest technology available in the market and acquire different skill sets required for execution of orders of international customers.
Availability of IT education
Availability of comprehensive solutions to customers due to increasing skills and strategic relationships.
Emergence of local demand for software products in sectors like medical, law and all types of commercial establishments.

Industry Weakness

High staff cost and attrition due to increased competition amongst software companies
Negatively impacted due to strengthening of Indian Rupee
Business gets impacted due to weak developed nations economic growth

Growth Drivers

Global economic growth which has surged demand for computers as well as computer applications
Growth in the number of young IT professionals in the country
Growth in industries such as banking, financial services, telecom and manufacturing which has increased demand for software application.
Increasingly used in new areas such as mobile, retail, media, healthcare and transportation

Tata Consultancy Services Limited (TCS) is engaged in providing information technology (IT) services, digital and business solutions. With a presence in 42 countries, TCS is positioned to deliver its services seamlessly. TCS has a large diversified client base.

Segments and Products

The Company's segments include

1.banking, finance and insurance services (BFSI);
2.manufacturing; retail and consumer packaged goods (CPG);
3.telecom, media and entertainment,
4.energy, resources and utilities,
5.hi-tech, life science and healthcare,
6.s-Governance,
7.travel, transportation and hospitality, and other products.

Its services portfolio consists of

1.IT and assurance services,
2.business intelligence and performance management,
3.business process services,
4.cloud services,
5.connected marketing solutions,
6.consulting, engineering and industrial services,
7.enterprise solutions,
8.IT infrastructure services,
9.mobility products and services and
10.platform solutions.

Its software offerings include Digital Software and Solutions, TCS BaNCS and TCS MasterCraft, among others.

It serves industries, including insurance, healthcare, retail, telecom and others.