Moneycontrol PRO
Loans
Loans
HomeNewsBusinessCompaniesTCS to make its artificial intelligence product Ignio a standalone brand

TCS to make its artificial intelligence product Ignio a standalone brand

TCS is trying to build a new brand that is distant and far apart from its traditional model

September 04, 2017 / 17:23 IST
TCS Q4: Profit drops 0.85% to Rs 8,049 crore, revenue rises 0.23% to Rs 39,946 crore QoQ. Dollar revenue dips 2.5% to $5,444 million QoQ. (Image: Moneycontrol)

Tata Consultancy Service (TCS) will create a standalone brand for Ignio, its artificial intelligence (AI) product. The company has already started hiring people from various US firms aimed at improving the sales of Ignio.

Many analysts had stated earlier that TCS is trying to build a new brand that is distant from its traditional model, as per an Economic Times report. TCS has made several moves in this direction already.

“If you want to sell Ignio as a product, you have to create a product brand. TCS as a services brand is humongous. We have to make sure that the product can stand on its own. It is deeply embedded in TCS, but from sales and branding perspective, you have to create an identity,” said Harrick Vin, global head of Digitate.

Adding that the company would go for aggressive revamp and that the new strategy is aimed at reducing the uncertainty prevalent among customers, he said that Ignio will now have a direct approach to customers.

“We have created a sales organisation that is driving a lot of direct product-led sales. We are going to customers where there is no service… and where TCS is not a service provider. We are entering those organisations with Ignio,” he said.

While Indian IT firms have always projected their AI platforms as just a part of their IT services, TCS has now taken a different approach. The company which was among the first Indian firms to invest in intellectual property will now, as per researchers, have the task of making their vision clear to the customers in regard to AI-based products

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

first published: Sep 4, 2017 05:23 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347