According to The Economic Times, Tata Consultancy Services (TCS) will announce a new operational model with four different business divisions to drive the next phase of growth for India’s largest software exporter as it strives for the $50 billion sales milestone.
TCS will split its whole business into four groups beginning in April: acquisition, relationship incubation, enterprise growth, and business transformation, presenting an industry-first model that shifts away from the “traditional three-dimensional (framework) of geography, vertical, or services,” according to ET inputs, while focusing on clients, their evolving digital needs, and faster delivery times.
“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.
According to the report, the CEO Rajesh Gopinathan, who is overseeing the transition, would report directly to the heads of all four organizations. When questioned about the restructuring plan, a TCS spokeswoman refused to comment on the company’s “internal business plan or strategies.”
TCS presently operates in a variety of business verticals, including retail and consumer packaged products, banking and financial services, and communication.
