TCS is an It services, consulting and business solution organisation. They have been partners with many of the big companies for over the last 56 years helping them on their growth journey. Its portfolio is mainly led by their consulting services and then followed b y technology and engineering solutions and their products are delivers through their unique delivery system. Their revenue last year was 29.1 billion USD and they have over 600000 consultants over 54 cities. Technology is now being more embraced by business to give them a competitive age. It’s changing how industries work in almost all the sectors. TCS has always been one of the clients first choice because of their knowledge and their experience. More than half of TCS employees are trained to use AI/ML and Gen AI so TCS will always be a top choice. Their revenue has grown by 6.8 percent since last year. Their order book for fy 24 has reached a record high which is 42.1 billion and this has been supported by strong client relationship. The global market climate has also changed significantly witnessing a slow down post covid and when some stability started to show military conflicts further pushed it done. After 2 years of tight environments because of recession an record high inflation the outlook is looking better now with a few sectors in focus. This sectors are AI, New Energy, Supply Chain and Talent. Gen AI technology is already positioned to impact all of the industries and the country as a whole with a lot of companies already investing into Gen AI and Cloud developments. Global energy transition are changing to bring about more sustainable future with a lot of companies investing into green hydrogen, renewable power and etc. Because of all the geopolitical challenges it is hard for supply chains and they keep on being disrupted. New supply chains are forming with India being a big player because of advanced manufacturing. Secure networks is also a big thing because more and more things are being stored on cloud and stuff like that so therefore security also becomes a bigger challenge. TCS already positioned to capitalise on the mega trend of AI because of there big tech presence. Some ways AI creates opportunities in various industries are for the financial sector it would became way easier for banks and financial institutions to increase efficiency as insurance companies can process claims in minutes and lending would be much easier. For automobiles there are 2 big megatrends which are going to help them and these are clean energy and AI. For clean energy it is figuring how to replace fuel and petroleum. For AI it is figuring how to make cars drive them self with all the security measures in place. AI is also enhancing drug testing by screening millions of compounds, predicting interactions and generating new candidates for testing. For healthcare connecting devices with AI and Gen AI will enhance productivity, enable remote care and help overcome shortage of skilled resources. For advanced manufacturing AI will help with the basic stuff of enhancing efficiency and productivity. AI will be working very closely with the telecom industry as the high network speed combined with AI is likely to became the backbones of business in the future. To meet and capitalise on all these opportunities TCS is investing a lot on their tech side. Some ways they have done this is when they added an AI.cloud unit and also enriched one of their products to include AI/ML and gen AI capabilities. They are also looking to partner with companies on their energy transition and to be prepared to do this they have been investing on their energy research. TCS is also deeply involved in the 5G and telecom stuff and they have 2 state of the art labs for this already ready in Bangalore and Gurugram. They have industry leading operation margins of 24.8 percent. For their business segments Manufacturing grew 10.6%, Life Sciences and Healthcare grew 8.7%, Banking, Financial Services and Insurance grew 5.6%, Consumer Business grew 4.9%, Communication, Media and Technology grew 4.6%, while Others grew 14.5%. For their geographies growth was mainly led by emerging markets with latin America growing by 21.1%, India grew 20.3%, Middle East & Africa grew 14.8% while Asia Pacific grew 4.0%. The UK grew 17.7%, Continental Europe grew 6.5%. North America grew 2.3%. During FY 24 demand was led by vendor consolidation, cloud migration and transformation, operating model transformation and creating a cloud and data foundation for AI to name a few. Clients are seeing cloud as a strategy and the shift to cloud-native products and platforms is being fast-tracked, to achieve increased collaboration, security, scalability and efficiency. Gen AI is also catching some eyes and many of their early adopters are already experimenting with the new tech. They are helping their customer to use AI for 3 main things which are to assist, boost work effectiveness is the first one. The second is to augment which is accelerating performance where humans and AI compliant each other skills. The last one is to transform which is basically when they help business transfer to a structure with knowledge and super consistent speed and reliable as a new way of working which is basically company wide AI. They have a lot of websites and software platforms to help their various customers. They have built a portfolio which has over 200 solutions to help various enterprises in becoming 0 carbon. Since companies are also going to became more technology driven there is going to be a lot of opportunity for TCS. After covid and all the military conflicts going on around the world luckily the global economy avoided recession as banks all around the world stayed strong. Despite this a lot of costs were cut an IT was an actor that has been impacted. Despite this in the last sector TCS managed to gain market share and outperform a lot and now they have 2.1 percent of the market share. TCS has already navigated through many tech cycles since inception. Customer centricity is at the heart of TCS and they are continuously looking for new opportunities which only deepens their relationship with clients. They expect a big change in the IT sector as digital, AI and cloud are starting to be viewed as business growers and a core to business success. TCS’s research and innovation team keeps on trying to solve challenges faced by society. TCS has been in the forefront for most of the tech cycles as they have been able to identify new changes almost every single time. Again it’s no exception and TCS realised very early that enterprises would start increasing the complexity of their tech and they had been able to do a lot of research into it already. Backed by this research that they started back in 2013 they were able to launch a product called TCS TwinX. This award has won TCS a lot of awards already and it enables companies to use AI and hi-fidelity. TCS also recognised the potential of cloud and started doing some research on it from 2009. They also launched a new business model platform for cloud. They also started researching on AI in 2017. They have also started on partnerships in areas such as AI, Quantum Computing and Cybersecurity in the early days which has given them a head start. This year they have also added experimentation on Gen AI. One of their most significant investments has been into a hyper scale model which allows customers experiment with Gen AI. Summary. TCS is an IT service, consulting and business solution company. It has a wide global range and presence with deep knowledge of the tech sector. It serves multiple industries and sectors. Its product offerings include consulting and service integration, application services, digital transformation services, AI and cloud services, engineering services, cognitive business operations, and products and platforms. These solutions are delivered using there unique model. Their geographic footprint covers North America, Latin America, the United Kingdom, Continental Europe, Asia Pacific, India and Middle-East Africa. Their 3 key industry verticals are Banking and financial services and insurances, Communications, media and technology and lastly Life Sciences and Healthcare. Personal thoughts. I think TCS is using their position as a big player of tech very well by investing into new opportunities. They have also added a bit of solutions into sustainable energy and renewable power. Since they have so much research and there are a lot of opportunities with AI and ML it is definitely a more attracting business. IT is also a big thing for all the companies and is definitely going to play a big role in the future.