Tata Consultancy Services (TCS) has one of the largest artificial intelligence (AI) ready workforces in the world, thanks to a robust training initiative and a strong engineering culture, its managing director and CEO K Krithivasan wrote to the employees in an email at the end of FY24.
The company has trained 300,000 employees in foundational AI skills, enhancing its capabilities significantly, he added.
“Your efforts in learning and skilling yourselves on this front have led to TCS building one of the largest and most AI-ready workforces in the world. This is another tribute to the culture of engineering we have at TCS, and I am eager to see it grow from strength to strength,” Krithivasan wrote.
He also said the company has over 200 generative AI (GenAI) projects underway with clients and has engaged with some 11,000 clients to deepen partnerships and collaboratively work on AI. In the quarter ended March, TCS said it had doubled its AI and GenAI deal pipeline to $900 million.
Regarding the retirement of chief operating officer N G Subramaniam, Krithivasan praised his long-standing commitment and influence, stating, “One of many values that NGS leaves with us, to carry forth, is the TCS culture of relentless client centricity. NGS has led the organisation across key roles for over four decades, providing immense, selfless, and invaluable service to the company”.
Krithivasan further said that the collective efforts as “#OneTCS, we have ended the financial year on a strong note and stand well-poised to capture future growth opportunities”.
TCS reported a 6.8% on-year increase in its revenue to Rs 240,893 crore in the fiscal year 2024 and the net profit rose nearly 9% to Rs 45,908 crore.
