TCS claims that large-scale operations are not a concern as it strives to become the largest IT business in the world #TCS #claims #largescale #operations #concern #strives #largest #business #world Welcome to Americanah Blog, here is the new story we have for you today:
TCS, India’s largest software exporter, said on Friday that it aims to become the world’s leading IT services company and vowed it was “not afraid” that a large undertaking would thwart its ambitions. Rajesh Gopinathan, chief executive officer and managing director of a $25 billion company with 6,000 employees, told the Times Network India Economic Conclave that the company could double, triple or increase from current levels. He said there was no reason not to aim for a four-fold return.
There is no reason today not to strive to double, triple or quadruple his size. The question is how to handle it and what to do right. But the possibilities are endless. We are in the sweet spot on both the demand side and the supply side.” “Our aspirations should never be limited to where we are now. We should strive to set new standards, far from the current standards themselves. The TCS chief’s comments are significant as it will see Tata oust his Accenture, which last year topped his $50 billion in sales. TCS announced a few weeks ago that he is targeting $50 billion in sales by 2030.
Answering a question about whether he considers TCS to be his largest IT company in the world, Gopinathan said without divulging a timeline: “In many ways, of course, we are already.” He said the company, the largest IT services provider to the banking, financial services and insurance sectors, is a close second in terms of headcount and has also topped global market capitalization charts. “Today we are $25 billion. There are a lot of $50 billion, $100 billion companies.
According to Gopinathan, the company set a goal in 2001 to be among the top 10 in the world in terms of several parameters, and adopted certain working methods to achieve this goal. Gopinathan acknowledged that exceeding size limits raises suspicions that companies are too big, and noted that companies in the supply chain, logistics and consumer goods segments have been successful in expanding and strengthening their performance. Regarding our large workforce of over 6,000, Gopinathan said: We are not afraid of reaching or approaching the limits of what we can achieve. Our focus is on managing size and building ourselves to use size to our advantage.
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