Business · Companies · 2 hrs ago
TCS plans to give 80% of new hires digital and AI skills
Tata Consultancy Services, or TCS, is an IT services company that says about 80% of its future new hires will have digital or AI skills.
In the September quarter, it hired 4,500 people, including 25% to 30% with specialist AI skills.
The company said AI-led work made up 10% of its revenue in that quarter.
TCS executives said workers who are willing to learn new skills can benefit, whether they are early-career or experienced.
The company expects more AI work to help improve profit margins, which are below its desired levels.
It plans to keep investing in specialist talent, as well as in partnerships and acquisitions.
TCS said customers often start AI projects in one area and expand them after seeing results.
Tata Consultancy Services plans for 80 per cent of its new hires to have digital and AI skills.
Chief operating officer Arathi Subramanian said 25 to 30 per cent of 4,500 people added in the September quarter had pure AI skills, while about 80 per cent had newer skills.
TCS said AI-led work accounted for 10 per cent of revenue in the September quarter.
Chief executive K Krithivasan said growth in AI revenues could help improve profit margins.
The company also plans to invest in niche talent, mergers and acquisitions, and partnerships.
- Who
- Tata Consultancy Services (TCS), through chief operating officer Arathi Subramanian and chief executive K Krithivasan.
- What
- TCS plans for 80 per cent of its new hires to have digital and AI skills.
- When
- Going forward; the company also reported hiring figures for the September quarter.
- Where
- Not stated.
- Why
- TCS expects growth in AI work and revenues to support profit margins.
This story does not have two clearly opposing sides.
Of the 4,500 that we have added in Q2, I would say safely 25 to 30 per cent are pure AI and total about 80 per cent is new age
As these (AI) deals increase in volume, you would see that there will be margin (benefit)
it is advantage for people willing to "unlearn and learn
These two are opportunities where our customers come to us and we have discussions on how we help them transform themselves and make them AI first
TCS added 4,500 people, and AI-led work reached 10 per cent of revenue.
TCS expects 80 per cent of new hires to have digital and AI skills.
- Planned share of new hires
- 80 per cent with digital and AI skills
- Q2 hires
- 4,500
- Pure AI skills among Q2 hires
- 25 to 30 per cent
- AI-led share of revenue
- 10 per cent in the September quarter
- Q2 total contract value
- USD 9.6 billion
Sources
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