India’s largest IT service player Tata Consultancy Services (TCS), announced a new operating structure, which will be rolled out on August 1. One of the key aspects of this rejig is to bet on the future and in this connection, the IT major is setting up TCS AI.Cloud, a separate business unit.
TCS is perhaps the first major IT player to set up a separate business unit focused on AI. This arm will have its own sales team and profit and loss (P&L) statement, said sources in the know.