TCS bets on innovation, research in new technology to drive digital growth

In the fourth quarter of 2017-18, the digital segment accounted for 23.8% of TCS' overall revenues, which grew at a healthy rate of 42.8% on a year-on-year basis

Tata Consultancy Services (TCS), India's largest software company, on Friday reiterated its focus on the digital segment. 

Addressing investors at the company’s 23rd annual general meeting, Chief Executive Officer and Managing Director Rajesh Gopinathan underscored the need to continue innovation and research in new technology, and said such measures would help improve the company’s brand position.

“It is very encouraging to see the company’s transition,” Gopinathan said. “We are focusing on the pillars of digital transformation as the new way of working and leading the automation phase while also strengthening the brand position." 

The TCS CEO also said some of