Most recently, outsourcing heavyweight Infosys was the first to post significant gains for the quarter July to September. However, Tata Consultancy Services has overtaken all the existing results so far with extraordinary gains of up to $2 billion. This is 12 percent higher in comparison to the previous quarter. And it is 30 percent higher than the figures of a year before. In addition, TCS has posted net income as $455 milliion - this shows an improvement of about 13 percent from the last quarter. Analyssts predict that these figures point to the company ending in revenues of $8 billion toward the fiscal year end.
CEO of the firm, N. Chandrasekharan was quoted as saying that they've had a fantastc performance run across all ther operations. This was prompted by a large volume of growth, amounting to 11 percent. He added that the strong numbers amid some uncertainty in the world markets and economies, shows that there is robust demand.
Moreover, he also noted that the TCS team led the quarter with a great deal of flexibility in coping with spontaneous opportunities that would prop up. In addition, they have implemented company procedures perfectly, Chandrasekharan said. He continued to say that the growth TCS has achieved in industry unit, the company is confident that the demand recovery in global markets will take place. It would also mean keepng a watch out on the macroeconomics that are playing out at the present time. Despite what skeptics say, most experts say that outsourcing to India is going to be a trend for at least the next five years.
The holiday season is filled with frenzy and excitement for businesses and consumers alike. Consumers prepare gift lists, compare brands and prices, and begin shopping with a vigor that is not present most other times of the year. For many businesses, the holiday season accounts for a large profit bump at the end of each year, and companies strive to exceed their goals and keep customers happy during this rush late in the year. more
There are a lot of possible reasons you might want to switch to a new phone system. The old one might cost too much or be too troublesome to operate and maintain. It might not be flexible enough. It might not be reliable enough. Or it just might not have the kinds of features and capabilities that you need in today’s competitive business climate. more