Hope FY25 will be better for TCS: Chandrasekaran
Business Standard|May 10, 2024
Tata Consultancy Services (TCS) is investing in new technology and hopes to do better in 202425 (FY25) after two years of "recessionary fears", said N Chandrasekaran, chairman of India's largest information technology services firm.
SHIVANI SHINDE
Hope FY25 will be better for TCS: Chandrasekaran

Artificial intelligence (AI), new energy, supply chain, and talent are "mega trends" shaping the priorities of global industries as the macro environment goes through a significant shift, he said in a letter to shareholders in the firm's annual report.

"After two years of recessionary fears, persistently high inflation, and unprecedented monetary tightening, the global macro-outlook looks relatively better now with improving growth, disinflation, and monetary easing in sight."

Chandrasekaran said Generative AI (GenAI) technologies will impact almost every sector and the country. "Enterprises have already invested in Cloud, data infrastructure, and large processing power, which will aid AI/GenAI.

هذه القصة مأخوذة من طبعة May 10, 2024 من Business Standard.

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هذه القصة مأخوذة من طبعة May 10, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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