TCS lifts curtain on AI ambitions, pegs early revenue at $1.5 billion
Bengaluru, Dec. 18 -- In a first for homegrown IT services companies, Tata Consultancy Services Ltd (TCS) has said it earns $11 billion from disruptive technologies, including $1.5 billion from artificial intelligence (AI). The numbers are annualised as of the end of September quarter.
"If you take ADM (application development and maintenance), testing and BPS (business process services) out, the non-traditional or the new-age services constitute almost $11 billion of our revenue, and all of them are growing at a rate higher than TCS's average rate," K. Krithivasan, chief executive officer (CEO) and managing director (MD) of TCS, said at its annual investor day on Wednesday.
To be sure, TCS's $1.5 billion AI revenue cannot be compared to Ac...
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