Dear Friends and Students
Nostalgic Moment. As of Monday 25th Jan 2021, TCS Market Capitalization or valuation stood at $169.25 billion (₹12,34,609.62 crore) surpassing Accenture’s m-cap ($168.68 billion)!! As of yesterday, the top 10 global IT Services companies as per m-cap (TCS, Accenture, SAP, IBM, Infosys, Cognizant, HCL, Wipro, Capgemini, EPAM Systems).
It is 53 years journey as of April 1st, 2021.
The first few contracts were
1. Punched Card Services to sister company TISCO (Tata Steel)
2. Inter-Branch Reconciliation System for the Central Bank of India
3. Bureau services to Unit Trust of India.
The other contracts are electronic depository and trading system (Swiss company), the First dedicated software research and development center, the Tata Research Development and Design Centre in Pune (1980), India's first client-dedicated offshore development center, for Tandem (1981), Factory model for Y2K conversion (before 2000), Public listing in 2004, SME Market (2011), Made 17+ acquisitions, the latest acquisition being Postbank Systems,2020 November, Germany.
Though it is known for its services, it has also developed market flourished products like TCS BaNCS, TCS Ion, TCS MasterCraft, etc.
TCS has 285 offices across 46 countries, 147 delivery centers in 21 countries, and had a total of 58 subsidiary companies. It has a total of 4,69,261 employees representing 147 nationalities, across 46 countries as of 31-Dec-2020. It is one of the largest employers of women with 36.4% women employees.
Dear IoT, AI-ML, & Cloud Computing / All CSE Family Students
TCS is making a strategic beginning in the area of IoT (Internet of Things). IoT is shifting from PoC (Proof of Concept) to Operational necessity. By the end of 2020, Gartner projects there are 5.8 billion IoT endpoints in use. That represents a 21% increase from 2019 (and that figure was a 21.5% jump over 2018). If we expect a similar projection for 10 years, you can imagine the potential of this domain (www.tcs.com).
Today sensors are embedded with factories, vehicles, retail stores, bulldozers, electric-toothbrushes, and so on. Cloud-Computing, IoT devices, data analytics and AI together going to bring a new set of business opportunities.
For e.g. Shipbuilder Damen developed connected vessels with 10,000 IoT sensors, collecting fuel consumption, engine performance, and operations efficiency. Now you can imagine how much Data Analytics play a role?
Ericson developed a smart factory connecting hundreds of screwdrivers with IoT sensors.
Warehouse robots equipped with sensors and AI avoid collisions and doing job with more efficiency
Telehealth: The Stanford Children’s Health Hospital is having 620 digital visits per day through its telehealth interface. Insurance is connected and automated with this facility. It provides early warning signals of disease symptoms.
Now you can imagine, how computer science is connected!! Today Engineering education is narrowly divided: CSE, CSE-AI-ML, CSE-DS, IT, CSE-IOT, CSE Cybersecurity, CSE-Business Systems, CSE-Block chain, CST, IT, AI-DS, etc. However, in the reality, all these horizontal skills are tightly interlinked and inter-disciplined.
Students Think Big. Don’t worry about your narrow domain. The world is integrated so as the CSE family!!
Your Well-wisher
Ravi Saripalle
Join Inspire to Innovate Storytelling Movement (i2itm.blogspot.com)
www.gartner.com/en/newsroom/press-releases/2019-08-29-gartner-says-5-8-billion-enterprise-and-automotive-io.
Source Inspiration: https://www.livemint.com/market/stock-market-news/tcs-beats-accenture-to-become-world-s-most-valued-it-company-11611577646528.html
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