TCS has Great opportunities For New Technology

Outsourcing leader Tata Consultancy Services (TCS) provides commercial customers the ability to embrace new technology, despite a poor economy means that the total expenditure in the U.S. and Europe will weak.TCS, which has clients including British Airways, ING, and game maker Electronic Arts, says companies are lagging behind economic recovery and custom eyeing wary of investing for future growth. 

"This is a very sensitive time in the world. Every industry, every customer very careful about what they do and they are very disciplined in how you use and how not to use," Chief Executive N. Chand Breed Karan said in an interview Wednesday.Chandrasekaran said he was optimistic that the traction companies can benefit from the use of social media to improve the organization, to transfer data to remote computers and provides access to corporate information to mobile devices like Apple iPad. 

"There are a lot of business to be had as long as you live close to the customer," he said. "If you look at industry by industry trends, you can choose four or five customers a money on.Officials from TCS, two smaller competitors in the Indian back-office services industry, Infosys and Wipro, last month, also wipe any concerns about the effect of economic recession in the United States added nearly 70,000 jobs and Europe.TCS last year and now employs almost 200 000 IT consultants, most of them in India. India's top software exporter, and it will make American businesses more than half of their income . 

Last year the company increased from 12 to 14 percent of salaries and wages remain under pressure Chand Breed Karan said the next year, while India's central bank tries to tame inflation. Hiring rates are track.Chandrasekaran refused to comment on reports that TCS was looking to buy IT unit of German airline Lufthansa, but said the company looking for strategic opportunities. He said the U.S. Department of Health as a particularly attractive resource.