TCS splits AI.Cloud business unit for higher growth
The Hindu
TCS splits AI.Cloud unit for higher growth, focusing on AI and Cloud separately to tap into untapped market potential.
The country’s largest IT services company, TCS, has split its AI.Cloud business unit into two dedicated verticals, eyeing higher growth from untapped market potential, a senior official has said.
In what is being seen as a bet on artificial intelligence (AI) opportunity, the Tata Group company has formed a dedicated business unit focused on the area, while the second one will be dedicated to Cloud, senior officials have said.
The AI.Cloud business, formed about two years ago, has been delivering higher growth than the TCS average, but a need was felt to double down the focus.
Siva Ganesan, who is heading the newly created AI Data unit, said AI is getting more pervasive by the day and featuring in every conversation now and added that it is only expected to get bigger and more intense as we go ahead.
“For us, the volume and the vibrancy of activity we are seeing in the AI and data space have grown manyfold in the last 12 months,” he told PTI, declining to share details by numbers as the company does not break up AI revenue in reporting.
He said that this would be like a central unit, a repository of all AI things.
The company is hiring specialist AI talent from the market who are proficient and also focusing on training the existing talent within the organisation by revamping the training curriculum.
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