Cimdata Logo

Industry Summary Articles

Wednesday, November 07, 2018

TCS at Work – Industry Analyst Update

TCS experienced all-round strong performance growth in Q2. The industry-leading revenue growth of 11.5% in constant currency - all organic - was driven by expanding demand for digital transformation across verticals, and continued acceleration in BFSI and Retail.

Highlights for Quarter Ended September 30, 2018

1.   Digital revenue at 28%, up 60% YoY (CC)

2.   Revenue at $5.215 Bn, +10 % YoY (+11.5% YoY in CC)

3.   Operating Margin at 26.5%, an expansion of 1.4% YoY

Digital project ticket sizes have been steadily increasing. TCS’ order book in Q2 stood at $4.9 Bn. You can get more insights from our Q2 earnings call transcript.

We had many developments on the products front. Our flagship product in the cognitive automation space, ignio™ had 7 new wins. In Life Sciences, TCS Advanced Drug Development platform (ADD) was selected by a Europe-based pharma major for their site feasibility information hub. In BFSI, TCS BaNCS product had 6 new wins, featuring in key market transformation initiatives in the Middle East. We launched Jile™, the first of its kind Agile DevOps product-on-cloud to plan, deliver and track Agile programs within the enterprise.

At our Analyst Day in Boston in September, we unveiled the Machine First Delivery Model (MFDM™) and our Location-independent Agile methods that are helping customers integrate automation deep within their enterprise, and orchestrate a more effective human-machine interplay to deliver superior customer experience at scale. We plan to share more stories from our European and UK customers at the forthcoming Analyst Day in London.

Follow us on our new twitter handle @TCS

Search for TCS on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

This report presents CIMdata’s overview of the worldwide CAM software and services market. It also includes a discussion on the trends in the CAM industry and updates on the top CAM solution providers.