India’s largest software services firm Tata Consultancy Services (TCS) is seeing digital deals of ‘significant size’ coming in as clients turn to agile, automation and cloud technologies to deliver enhanced customer experience. Revenue from digital engagements made up 19.7 per cent of TCS' revenue of Rs 30,541 crore in July-September 2017 quarter, growing 31 per cent year-on-year.
“What we are seeing is that some deals are starting to come which are of significant size and some of them are coming in unexpected areas also. In more traditional ones like cloud and other areas also, deal sizes are significantly increasing,” TCS CEO and MD Rajesh Gopinathan said at a recent investor call. He added that TCS is pursuing ‘very large engagements’ in the Internet of Things space worth ‘multiple tens of millions’, which he hopes to close during the course of the ongoing quarter.