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Over the past few years, Tata Consultancy Services (TCS) has increasingly turned out to be the bellwether for the Indian IT industry, a position long held by Infosys.
Sanchit Vir Gogia, CEO of Greyhound Research in post results commentary said “The very fact that TCS is the only company which is openly talking about their revenues generated through Cloud is a positive sentiment for the company as well as the industry and showcases their strong foot hold in the space. However, we are not very sure about the performance of TCS iON and if it will be able to give strong competition to companies like Oracle, SAP and Ramco.”
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