Highlights From the TCS Analyst Briefing | AMR Research
A few weeks ago, Tata Consultancy Services (TCS) brought nearly all of its executive team to Boston for its annual, two-day analyst briefing. Before the formal session began, we were fortunate to have an hour alone with S. Ramadorai, the company’s CEO and managing director. Under his stewardship, TCS’s revenue has doubled every 2 to 2.5 years. When the company’s fiscal year ended last March 30, TCS was the first Indian services firm to crack the $4B annual revenue mark, closing FY07 at $4.29B. It was also the first to reach $3B, too, reaching that milestone in the same year.
Skills shortages are real: may be short 150,000 people
For the last few months, we have written about the looming skills shortages presented by the continued adoption of SOA and related technologies. For its part, TCS has trained 40,000 of its consultants—about half of its workforce. About 4,000 have engagement experience, with 75% to 80% described as billable. To broaden and complement its internal training, TCS is joining forces with other vendors. For example, the company is an active member of SAP’s Enterprise Services Community and several of SAP’s Industry Value Networks.
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