MUMBAI: Announcing $8.9 billion worth of total contract value (TCV) of deals in January-March (Q4), Tata Consultancy Services (TCS) has created a new record for the Indian IT sector.
But with most of the world working from home, the company is ready to adapt the deal wins across various technologies to the new normal even as it stares at supply and demand constraints, said V Ramakrishnan, chief financial officer, TCS.
Analysts noted that TCS has leveraged three enterprise mega trends--digital transformation, artificial intelligence, and cloud migration--very well which has led to large deal wins over the past three years and will help it bounce back faster.