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.