Latest news with #TCSInteractive
New Indian Express
11-07-2025
- Business
- New Indian Express
AI revenues have grown this quarter: TCS COO
BENGALURU: Tata Consultancy Services's the growth for the June quarter was led by AI & Data, TCS Interactive and cyber security. Though the company did not quantify specific revenues from AI, top executives in an interaction with the media said, from the new-age service line perspective, all offerings--AI, data & cyber security--have grown well in the June quarter and that the company is witnessing strong demand from its customers. "Customers are investing in industry-specific solutions. AI for modernisation is coming across as a strong theme because Gen AI is now becoming the tool to really understand the legacy code," said Aarthi Subramanian, Executive Director - President and Chief Operating Officer, TCS. Subramanian, who is the first woman COO at TCS, took charge from May this year. She said the company's AI revenues have grown in Q1.
Economic Times
11-07-2025
- Business
- Economic Times
TCS management on use-case based approach to AI; identifies 4 areas of focus
TCS navigates a cautious market as clients delay investment decisions amid economic uncertainty and await clarity on trade discussions. The company is strategically shifting towards use-case driven Gen-AI implementations, focusing on industry-specific solutions and upgrading its AI platform. TCS is also investing in talent development and forging key partnerships to drive growth. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads , CEO & MD, and, ED-President & COO,in conversation with ET Now. TCS is observing a shift from experimental Gen-AI projects to use-case driven implementations that deliver tangible business value. The company is investing in industry-specific and agentic AI solutions, upgrading its TCS WisdomNext platform, and forging strategic partnerships with hyperscalers and AI innovators. TCS is also prioritizing talent development to keep pace with the rapidly evolving technology landscape.: I was using the word uncertain a lot and people said you are saying uncertain so many times. I would say people are going to wait and watch more and I have a feeling maybe once these discussions are over, sometime in July and August, there will be greater clarity on the direction the trade discussions take and also the new bill will be in place. All that will provide more clarity. Maybe the first week of August onwards, we should see a more definitive direction in the is. If a particular project is going to yield definitive and immediate results, you find that customers are starting off those projects, which typically tend to be the cost optimization projects. If a project is for investment or transformation, where the return on investment is uncertain, the customers are willing to wait for greater clarity before they embark or commit those investments.: In the initial days of Gen-AI, everybody was in experimental mode, trying to understand what the technology is and what it can deliver. But after two-three years, now the power of the technology is well understood. So, what customers are looking at is how they shift from experimentation to a use case based approach to delivering projects which deliver a business value. That is the shift we are the new services revenues perspective – whether it is AI, cyber security, public cloud or TCS Interactive – many of these new service lines have grown well in this quarter and continue to have good demand. In terms of investing in these areas and especially talking about AI, we are looking at building industry specific solutions bespoke for a customer and we are also investing in building agentic AI solutions which are industry solutions that we can take to customers proactively where we can go and do this rapid build projects which can deliver short projects but can deliver value faster and that is one of the initiatives that we are second area we are looking at is our flagship product, TCS WisdomNext. We have just upgraded it with the version 2.0 which has agentic AI capabilities and we are using our product and a platform-based approach to really see how we can accelerate buildout of these third important element in any technology is partnerships. We are working with hyperscalers, model providers, and also new age partners like Vianai. We have just signed a partnership and we are seeing good uptake last part of the equation and the most important is talent. We are doubling down on building the talent in a phase where the technology is rapidly can look at it both from a vertical and horizontal perspective. Suppose you look at it from a vertical perspective, for instance manufacturing. Manufacturing auto as a segment that gets impacted because of the EV transition and confusion on where the investment is going to be because many of the auto manufacturers invested heavily in EV, but EV sales are still late to pick up globally, so there is a pullback on investments by in the BFSI sector, insurance has been impacted for multiple reasons, particularly catastrophic losses in the US and other places. Capital markets tend to thrive under volatility, more than others. This is a broad classification. The tech sector, by and large, is doing well or if you take telcos, despite the expected reduction in interest rates, capex is not happening.
