TCS Transforming Itself Into Digital Technology For Faster Growth

TCS transforming itself into digital technology
TCS transforming itself into digital technology

Technological sector is changing drastically so the Indian IT sector, Tata Consultancy Services (TCS) largest IT company of India in terms of revenue. Company expecting threat from automation,  for this reason company has started re-skilling of its employees in digital technology as it anticipate much quicker growth in this area. These digital services comprised of “social media, mobility, analytics, big data, cloud, artificial intelligence, and internet of things.”

TCS transforming by reskilling its employees
TCS transforming by reskilling its employees

Vice president and global head of telecom technology unit V. Rajanna said at TCS “Our revenues from the digital space was 17.6 per cent in 2016-17 as it grew by 28 per cent over the last year’s figure. And we expect digital to make up one-third of our overall revenue by 2020.”

As matter of fact, company has re-skilled around two lakh employees in the last three quarters in various digital technologies. He further added,  “For this, we leveraged digital technology to train our employee in digital. If we had opted for traditional training methodology, we could not have trained so many people. We have to get our employees ready before a customer demands a certain skill.”

Mr. Rajanna while giving advice to students who want to join the IT sector said, “We expect them to champion in two or three core subjects, be an expert in one or two programming languages and have good communication skills, ability to learn, etc.” Rajanna also stressed on refreshment courses for faculty development to keep the employees updated about industrial requirement and also to learn more about new technology.

CEO of New Jersey-based Kryon Systems Harel Tayeb said, “The IT industry that currently employs hundreds of thousands of workers, for example, sprang up essentially overnight, and has been adapting to new systems and methods every time a new technology is invented that impacts the technology industry.”

Current hiring criteria of TCS, third-largest business undertaking in terms of technological sector. In 2015-16 (pdf) hiring reduced from 90, 812 employees to 78,912 in year 2016-17. Santhanam said, “We are reducing our reliance on always going outside for digital skills and are developing a critical mass internally.”

As per the company’s annual report of the year 2016-17 HR of TCS Ajoy Mukherjee said, “We do hire a few individuals where required, but remember, there just won’t be sufficient people (in the market) with skills in newer technologies…On the scale at which we operate, there are no shortcuts to capability development. We have to do what we have always done—invest in re-skilling our employees.”

On hiring of new candidates Santhanam said,  “The interviewing, the selection process (for freshers), and the manner in which we are up-skilling them even before they enter our company, has totally become digital-focused.”  So, we can easily figure out its a wise step by TCS to re-skill the old employees of the company in the direction of its development and growth.

A wise step by Tata Consultancy Services
A wise step by Tata Consultancy Services

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