Tata Consultancy Services (TCS) will unveil a new operational structure with four distinct business units to drive the next phase of growth for India's largest software exporter as it aims for the next revenue milestone of $50 billion, sources revealed to The Economic Times.
Beginning in April, TCS will divide its entire business into four groups: acquisition, relationship incubation, enterprise growth, and business transformation, presenting an industry-first model that moves away from the "traditional three-dimensional (framework) of geography, vertical, or services," according to the ET sources, while putting a focus on clients, their changing digital needs, and faster delivery times.
Moneycontrol could not independently verify the report.
"The operating model will be aligned to the customer journey at every step, leaders who have been groomed ( for this model) will lead these new groups,” the publication reported.
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According to the report, the leaders of all four groups will report directly to CEO Rajesh Gopinathan who is leading the transformation.
The report added a TCS spokesman, when asked about the restructural plan, refused to offer comment on the company's "internal business plan or strategies".
TCS currently has operations in industry verticals like retail and consumer packaged goods, banking and financial services, and communication, among others.
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