Once retooling for clients, IT giants now retrain them

In the last three years, Indian information technology (IT) services firms Tata Consultancy Services (TCS) and Infosys have re-skilled thousands of engineers in newer technologies such as cloud and digital, amid a paradigm shift in client budgets to these new areas.

Now, these firms are taking this a step further by training employees of their own clients and even aspiring IT professionals, in order to create fresh revenue streams amid shrinking deal sizes in traditional software maintenance. 

These companies are seeing faster growth in emerging technology areas such as cloud, data science and analytics, artificial intelligence (AI), and DevOps, amid a sharp