Despite this setback, TCS closed FY26 with a remarkable total contract value (TCV) of $40.7 billion, showcasing the company’s ongoing strength in securing substantial deals. “We have been writing its obituary every 10 years but I think Indian IT services have proven to be very resilient,” Krithivasan stated, highlighting the industry’s ability to adapt and thrive.

In a bid to bolster its workforce, TCS hired 44,000 trainees in FY26 and has made 25,000 offers for the next recruitment cycle. This focus on nurturing talent is crucial as the company shifts towards AI-led roles and services, a transition that Krithivasan acknowledges will require fewer traditional programmers.

Aarthi Subramanian, a key figure at TCS, noted that generative AI has opened up significant opportunities for modernizing legacy systems, particularly those that have been in place for decades. This modernization is essential for keeping pace with technological advancements and meeting client needs.

In a strategic move, TCS completed its largest acquisition in over a decade by purchasing Coastal Cloud for $700 million. This acquisition is expected to enhance TCS’s capabilities in the rapidly evolving tech landscape.

Looking ahead, TCS is preparing to launch its HyperVault data center, which is projected to go live in 2028 with a target capacity of 1 GW. The company has already established two memoranda of understanding (MoUs) regarding the data center and is in discussions for more partnerships.

Krithivasan remains optimistic about the future, stating, “Definitely, we are more optimistic. I think some of the headwinds are behind us. So, that’s the opportunity.” As the industry evolves, TCS is poised to adapt its workforce, requiring roles such as model trainers, context engineers, and agent developers to meet the demands of a changing technological environment.

As TCS navigates these changes, observers will be watching closely to see how the company continues to innovate and respond to the challenges of the IT landscape. The resilience of the Indian IT services sector remains a topic of interest as it strives to maintain its relevance in an increasingly competitive market.

The post K Krithivasan’s Vision for the Future of TCS and Indian IT appeared first on .

In recent years, Andhra Pradesh has been on the cusp of technological advancement, yet the expectations surrounding its growth have often been tempered by infrastructural challenges and economic fluctuations. The vision for a high-tech future seemed distant, with many residents and businesses yearning for a catalyst that could ignite this transformation.

On October 28, 2023, a decisive moment arrived as the foundation stone for a mega data center was laid in Visakhapatnam, marking a significant turning point for the region. This ambitious project, backed by an astounding investment of ₹1.3 lakh crores, is set to reshape the economic landscape of Andhra Pradesh.

The immediate effects of this investment are already being felt. Local businesses are buzzing with anticipation, as the data center is expected to create thousands of jobs and attract further investments. Residents are hopeful that Visakhapatnam will evolve into a high-tech city, fostering innovation and providing new opportunities for the youth.

Experts have weighed in on the implications of this project. According to industry analysts, the establishment of such a facility not only enhances the region’s technological capabilities but also positions Andhra Pradesh as a competitive player in the global tech landscape. The influx of capital and expertise could lead to a ripple effect, encouraging startups and tech firms to set up operations in the area.

However, this transformation is not without its challenges. While the investment promises growth, it also raises questions about sustainability and the readiness of local infrastructure to support such rapid development. Details remain unconfirmed regarding the specific timelines for job creation and the operational capacity of the center.

As the dust settles from the groundbreaking ceremony, the people of Andhra Pradesh are left to ponder the future. Will this mega data center fulfill its promise of economic revitalization, or will it become another unfulfilled dream? Only time will tell, but for now, hope is palpable in the air.

In the coming months, as construction progresses, the eyes of the nation will be on Visakhapatnam. The success of this venture could redefine not just the city, but the entire state, paving the way for a new era of technological advancement and economic prosperity.

As Andhra Pradesh stands on the brink of this exciting transformation, the journey ahead is filled with potential and possibility, reminding us all that sometimes, the most significant changes begin with a single step.

The post ఆంధ్ర ప్రదేశ్: Andhra Pradesh: A New Era Begins with Mega Data Center in Visakhapatnam appeared first on .