Infosys, Wipro, Tech Mahindra and Persistent Systems have set up venture capital arms to enter the world of startups in hope of finding innovative ideas.
Mphasis still owns a third of its domestic BPO unit and is working on implementing its strategic plan for the business, after it sold the rest of the business to Hinduja Global Services for Rs 17 crores.
TCS is widely expected to lead the earnings pack with sequential revenue growth of about 4 per cent and Infosys is forecast to report an improved showing.
"We have built a number of digital cloud platforms and will have 100,000 employees trained in digital technologies this year," Chandrasekaran said.
Public cloud services revenue in India will reach $838 million by the end of 2015, an increase of almost 33 per cent 2014 revenue.
Tech Mahindra, India's fifth largest IT services exporter, today warned that a seasonally weak mobility business and visa costs will impact its revenue in the Q1.
TCS last reported that it had 319,656 employees on its rolls. The co is also expected to hire about 60,000 employees in its current financial year.
Even when I was doing engineering there was talk about automation but what makes it possible now is that there is the cloud that gives you.
“Initially, it is not going to be about revenue, or just the number of clients. It’s going to be about the adoption within clients.
Digital has huge potential because there are combinations of technologies that are coming at close timelines, N Chandrasekaran said.
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