“We never go after revenue but after values. If we go after values, revenue comes and sticks together easily and this is one among the qualities that made Tata Consultancy Services a success story,” said its Chief Executive Officer and Managing Director N. Chandrasekaran on Saturday.
Engaged in an interface with students of Thiagarajar College of Engineering here, Mr. Chandrasekaran said that the secret behind the success of TCS was the organisation's conviction in the tremendous amount of grit and commitment of its staff, its investment in research and development and innovation. “We have not copied the models of any organisation across the globe and we stick to our own model.”
Answering a query on job prospects for a software tester, he said that as the information technology (IT) industry was still in the maturing stage the rate of change was phenomenal.
TCS spent US $ 700 billion on maintenance, among which US $ 22 billion went as wastage, US $ 300 billion was spent on innovations and the amount of wastage was a whopping 60 per cent. Software testing around the globe was done in a discrete way and there were phenomenal opportunities for software testers.
He said that IT industry was a phenomenal industry and also unique in the sense that it grew by making every other industry grow simultaneously.
IT provided innovative solutions to many industries.
Speaking on TCS's business relationship with Scuderia Ferrari for providing IT and engineering services for development of Formula One (F1) racing car, the CEO said that they had to meet a tough challenge in providing automated internal processes to drive improved process efficiencies and reduced cycle time.
Mr. Chandrasekaran concluded by stating that technology could only solve problems.
At the rate at which technology grew it became difficult for firms to assimilate, so ‘complexity simplification' became the order of the day for business results.