TCS will continue to invest in digital business, says Mistry

TCS also stated that it will hire 60,000 people this fiscal, says Cyrus Mistry. TCS has a higher attrition of 15.4 per cent among women employees, Mistry said

Addressing shareholders at the 20 annual general meeting (AGM), its chairman, Cyrus Mistry said, “TCS has made significant investments in the digital five forces — mobility, social computing, big data, cloud and artificial intelligence and robotics.”

Tata Consultancy Services (TCS) will continue to invest more on digital technologies, says Cyrus Mistry added.

TCS also stated that it will hire 60,000 people this fiscal, says Cyrus Mistry. TCS has a higher attrition of 15.4 per cent among women employees, Mistry said 

Cyrus Mistry reportedly said all the industrial solutions units of TCS were working with customers in digital and helping them look at the future of their business in a completely new way. TCS, along with its partners, had developed a digital platform which helped improve the quality of life and safety of fishermen. 

N. Chandrasekaran, Managing Director and CEO, TCS stated the company was investing in training one lakh employees in terms of various digital technologies in 2015-16.

“We have invested in building the necessary consulting framework, solution frameworks, tools, technologies to help customers to rethink about their business in terms of these technologies and what it means to them,” he said adding.

In early June, TCS launched its artificial intelligence/neuroscience based platform in New York.