The TCS billion dollar roadmap - Key Points

Here I have summarized an article from Business World about TCS future growtn intiatives:

1. Develop Global delivery capability in Offshore, Onshore and Nearshore. TCS plans to achieve this by augmenting its own existing centres especially the near shore ones (post the $260 million ABN Amro deal). It already has 20 — 10 in North America, one in the UK, and three each in Europe, Latin America and the Asia-Pacific. The other 22 are in India.

2. Acquisitions and greenfield investments. Last years buyout of BPO company Comicrom in Chile brought 1,200 people on board, while the $847-million Pearl Group contract gave it a 950-man BPO delivery capability in the UK.

3. Equal the competition - Given that the competition is already formidable — IBM has 25 such centres and Accenture has 40 — TCS’ bid to scale up fast is not without reason.

4. De-centralization of dcision making. As TCS plans to go global decision making cannot be restricted to a central command led bt Ramadorai. So the global centres will function as independent units with more localization of authority.Decentralisation has become all the more critical because of the rapid expansion in TCS’ headcount – it closed fiscal 2005-2006 with almost 63,000 people on its rolls, of which 6.5 per cent are non-Indian

5. Taget 2007 - To cross USD 4 bn due to the growth initiatives taken so far.