TCS has been pioneer in providing analytics and big data services, earning over USD 2B per year through its analytics and insights (A&I) practice. It has recorded 40+ wins during Q1’19 under this practice, which strengthens its Business 4.0 framework.
Its cognitive automation platform ignio continues to gain traction, pulling over USD 31M revenue in 2018. Around 61% of Ignio’s revenue comes from North America, 17% from UK, 12% from Europe and rest 10% from Asia-Pacific. ignio has filed over 75 patents in AI/ML space.
Additionally, it has built several industry-specific solutions such as Optumera, a big data-enabled digital merchandising solution and TCS IP2, an intelligent power plant solution.
It has strong and loyal customer base primarily concentrated in the BFSI and retail & CPG verticals, where they have worked with several marquee customers, including Cargotec and a leading bank in the US.
TCS formed strategic partnerships with leading technology players such as IBM, Google, Oracle as well as leading consulting firms and platform providers like Cloudera, Hortonworks, and Informatica.
It launched an enterprise data lake (EDL) for advanced analytics on the AWS platform, enabling BFSI clients (e.g., a US investment management firm and a leading US financial services provider) to transform business processes through data-driven intelligence.
Investments and Innovation
Through its 2 robust programs, Academic Interface and Data Scientist, it helps graduates and expert statisticians to cross-skill by leveraging third-party and proprietary toolsets.
It established 3 innovations labs in India to develop innovative analytics and industry-specific solutions, 2 of which are dedicated analytics labs in Chennai and Pune, and 1 for data and decision sciences in Delhi.
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