Mar 2018 - Market Note - Doc # EMEA43601418
TCS Grows in 2017, with Digital Emerging as the Engine
TCS grew total revenues by about 7% in dollar terms during calendar year 2017 to just under $18.6 billion. With growth of 40% in calendar 4Q17, digital was an important engine of growth for TCS, which signed its first $50 million digital transformation deal during calendar 4Q17. TCS continues to invest in products and platforms (such as the ignio cognitive technology) that drive automation and inject intelligence into the company's offerings. ignio has a potentially strong role to play in generating growth for TCS as it expands into what TCS executives call "a full-spectrum cognitive automation and orchestration platform." Overall, TCS is well placed to benefit from the next wave of digital investments by enterprises.