Info-tech

TCS bets on Business 4.0 to push digital revenue to over $ 5 bn this year

PTI New Delhi | Updated on April 22, 2018

Rajesh Gopinathan, CEO and Managing Director of TCS.

TCS is betting big on its ‘Business 4.0’ strategy to propel its revenues from new age-technologies like automation, cloud and Internet of Things (IoT) to over USD 5 billion this year.

Speaking to PTI, TCS CEO and Managing Director Rajesh Gopinathan said Business 4.0 is thought leadership framework to help customers leverage digital technologies to address their growth and transformation agendas.

“There are many components to digital technologies, there is cloud, automation, analytics, IoT. People have been looking at various technologies, each of which is powerful and valuable in its own right but the point has been how do you stitch it together to help businesses,” he said.

He added that Business 4.0 provides an integrated and holistic framework to help customers address issues and focus on growth in an agile manner.

Gopinathan said the “digital opportunity” globally runs in the billions as these new technologies are becoming increasingly entrenched across the table at an enterprise.

“Last year, we had crossed $ 3 billion (in digital revenue)...It has grown 35 per cent, it has grown faster than it had grown last year. We have crossed $ 4 billion in digital revenues... Run rate-wise, it is close to $ 4.7 billion,” Gopinathan said.

TCS Chief Operating Officer N Ganapathy Subramaniam said Business 4.0 has worked for the company and that the strategy has the potential to drive large-scale transformation across sectors like retail, travel and hospitality, utilities etc.

He added that there has been a steady increase in the number and size of digital assignments clients are providing.

In FY2018, over 2.45 lakh TCS employees were trained on digital, and more than 2 lakh employees have now been trained at various stages of ‘Agile’ methodologies.

Published on April 22, 2018

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor