Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
BFG AKA TCS: BIG DEALS, BIG IMPERATIVES
DataQuest
|August 2023
High-value contracts with multi-year calendars can mean both risks and safety for a player like TCS.
RANK 1 TCS
K. KRITHIVASAN
CEO & MD (Effective June 1, 2023)
Outgoing CEO & MD - Rajesh Gopinathan (2017-2023) Transition till September.
50 years is a long time to be an oak tree. But every new year is full of new competition, new forces and new storms-in a forest like IT. There are many moments for a Bellwether to emerge as everyone's Lighthouse that grasps the gust of new winds first and head-on. This year, a glance on TCSs FY 2022-23, shows what impact big-ticket business can bring in a turbulent year.
Arguably enough, the streak of big deals was hard to miss in TCS's report card. There were 60 clients in the US$100 Million+ band (+2 YoY), 133 in the US$50 Million+ band (+13 YoY), 291 in the US$20 Million+ band (+23 YoY), 461 in the US$10 Million+ band (+22 YoY) and 1241 in the US$1 Million+ band (+59 YoY)
There were also reports of a deal worth more than $700 million-its largest in the UK in three years. It was inked with an insurance services provider and an old client Phoenix. It would be a ground for TCS to leverage its own banking industry platform BaNCS and innovation lab in the UK.
The Q4 TCV was also seen at US$10 Billion with alltime high number of large deals.
This story is from the August 2023 edition of DataQuest.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM DataQuest
DataQuest
If Only The Mentalist Solved Cybercrimes too
Is there not a human mind sitting beneath every cyber-criminal's brain? From Stockholm effect, Lima syndrome, to how cyber-criminals neutralise guilt and can we use psychology to defeat and cure cyber- criminals- here is a social scientist and criminologist cracking some human doors of the dark cybercrime cave.
20 mins
May 2026
DataQuest
Made-in-India Chips: 'Wedge'ing the Semicon Door Open
We are doing pretty okay in design, packaging and talent availability. But can we cross the hedge with going-fabless, fully-oiled ecosystems, advanced architecture and our own IP?
5 mins
May 2026
DataQuest
AWS wants to be more than cloud in India's startup story
AWS's Tiffany Bloomquist says Indian startups are moving from AI demos to practical execution, with voice, finance, and faster product builds leading the shift.
7 mins
May 2026
DataQuest
Are You Talented Enough?
Here's a skillet of seven skills for you to consider cultivating to get and retain a job in the AI era
6 mins
May 2026
DataQuest
Where Al is already executing work in aerospace
GE Aerospace is moving AI beyond insight and into design, maintenance, and inspection, with human oversight still central to every critical decision.
3 mins
May 2026
DataQuest
Why CloudMoyo sees intelligent operations as the next AI frontier
CloudMoyo CEO Manish Kedia explains why real AI value lies beyond CLM and copilots, in unified data, real-time intelligence, and execution-led enterprise workflow.
8 mins
May 2026
DataQuest
Why India's Al future needs both sovereign control and heritage depth
India's AI next phase may depend on combining sovereign control with heritage depth, while enterprises build domain-specific models from their own knowledge.
11 mins
May 2026
DataQuest
The Tariff Turnpike - Now a Make-in-India Turnstile
India's new Soft Power on the Tariff Tables could lie in how, and when, we leverage self-reliance through Make-in-India outcomes and new import-export mathematics
4 mins
May 2026
DataQuest
As AI Reshapes IT Infrastructure, can Telecom Operators Move Up the Stack?
As AI reshapes infrastructure and value creation, Accenture's Boris Maurer explains why telecom operators may gain a bigger role in the digital stack.
8 mins
May 2026
DataQuest
From Clad-in-India to Made-in-India: How Far Have We Come?
And how much grit and gravel we need to still cover before appearing strong and bright on the global manufacturing map. Almost ten years forward- that's a good time for a quick X-Ray.
9 mins
May 2026
Translate
Change font size