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HindustanTimes Tue,21 Oct 2014

TCS to invest more in new tech: mistry

HT Correspondent , Hindustan Times  mumbai, June 28, 2013
First Published: 22:29 IST(28/6/2013) | Last Updated: 22:30 IST(28/6/2013)

Cyrus Mistry, in his maiden address as chairman of Tata Consultancy Services, at the annual shareholder meeting in Mumbai on Friday, said the company would continue to invest in new technologies such as cloud computing and big data for future growth.

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N Chandrasekharan, chief executive officer, TCS said the company will focus on building a strong set of intellectual property.

Chandrasekharan said the company will tap growth opportunities in emerging markets and non-English speaking markets to offset challenges in markets such as the United States and Europe.

However, the immigration bill that the US senate has approved is seen as restrictive in terms of onsite operations for Indian IT companies.

“The environment continues to be uncertain. However, from technology point of view there are opportunities,” said Chandrasekharan.


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