TCS splits cloud biz into 5 strategic units | Economic Times

Mumbai: Tata Consultancy Services (TCS) is doubling down on its Cloud services business, streamlining the practice into five strategic units to generate more revenue. The move, it hopes, will lead to “exponential growth” in the coming years. India’s largest software services exporter has focussed on growing its Cloud practice for the last seven years, but it has now assumed higher revenue priority than ever, said Krishnan Ramanujam, president of business and technology services, who oversees the practice. In terms of organisational changes, the Cloud practice has been split into five units — Amazon Web Services, Google, Azure, TCS’ own private cloud arm and a cloud consulting unit. Individual vice presidents will head each of the five units and be responsible for their revenue performance. “All these four individual business units will have their own shadow P&L…We are also launching a consulting offering, which is about cloud strategy and transformation,” Ramanujam told ET. 78919181TCS is looking to generate significant revenue growth from Cloud, he said. “If you look at very important goals that we can touch and feel, we obviously are looking for a very solid scaling and exponential growth in each one of the platforms, whether it is AWS, Google or Azure, or IBM,” Ramanujam said. The Cloud consulting unit will look at cross-functional and hybrid cloud business opportunities where TCS will apply its “contextual knowledge” in working with companies across various industries to build products and services for clients, according to him.