TCS to concentrate on industry specific products

By Our Staff Correspondent

MUMBAI, SEPT. 4. Tata Consultancy Services (TCS) expects to receive 20-22 per cent of its revenues in the current year from the manufacturing practice and process sector. At present, it derives 8 per cent of its revenues from the manufacturing sector.

Of the revenues from the manufacturing and process sector practice, 10-15 per cent will come from high-end consulting and industry-specific solutions. The company is also actively scoping collaborations with technical companies and research organisations.

TCS is now the sixth fastest growing consulting company in the world and the fourth fastest in the U.S. It has a team of 60 domain specialists and this will go up to around 120 by March 2002. It will provide high-end consulting, product development and domain expertise support on IT services.

Speaking on TCS' plans, Mr. S. Ramadorai, CEO, said the Asia Pacific market would be a critical area for growth for the company. Its Asia Pacific operations are headquartered in Singapore and this will provide reach and accessibility in the region. According to Mr. Ramadorai, TCS will continue to invest 4-5 per cent of its revenues on research and development. ``It is very critical to the future - the output of R&D must become the input for consulting practice."

The company's manufacturing practice will focus on automobile and auto components, heavy engineering, cement, refining, chemicals and minerals and metals sectors. Its software products are CemPac, which is a productivity solution for the cement industry, and Factore, which provides enterprise asset management solutions for eManufacturing. In future, TCS' technology focus will include next generation automation systems, embedded software and components for business solutions.

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Section  : Business
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