Cloud computing has gone well beyond renting servers and storage, and companies can now plug into artificial intelligence and sophisticated analytics
Rajesh Gopinathan, CEO and MD, TCS
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Tata Consultancy Services (TCS) sees a decade-long shift to cloud computing that will bring many opportunities to help customers choose and innovate on the best internet-based ecosystems, India’s biggest and one of the world’s largest IT companies said in its annual report for FY21.
In the report, in his letter to investors, CEO and MD Rajesh Gopinathan said this shift to the cloud computing model is different from merely renting servers and storage to save upfront capex costs. Instead, the cloud proposition is now one of increasingly sophisticated technological ecosystems, and companies will have to decide on the ones they want to build on, for the long term.
The three biggest of these ecosystems are being built by Amazon Web Services, Microsoft and Google—called hyper-scalers, in IT industry jargon. Around these ecosystems are multiple tiers of tech companies—from other very large specialised software providers such as business management software maker SAP to small startups offering the next generation of cybersecurity.
A handful of companies like TCS, Accenture and Infosys are in a position to bring all this together, as well as their own intellectual property, for their customers, which include the world’s biggest companies.