A favourite among investors at one time, Tata Consultancy Services is fast turning into a mammoth that is failing to evolve with time as others are fast catching up on the increasing demand for digital.
India’s largest software exporter’s enterprise value fell to ₹4.86 lakh crore by the end of December, a drop of over 6 per cent over the previous year. The company’s market capitalisation similarly slipped from ₹5.01 lakh crore in Q3 2015 to ₹4.80 lakh crore in the latest Q3, a slide of about 4.2 per cent.
The next five years would come from digital. Barely a year later, the IT service provider’s digital revenue is already at $2.2 billion and Chandra is upbeat. “It has been another great year. Our industry is at an inflection point overall because technology, particularly digital, is gaining centre stage and is making a big impact on every other industry,” he says.
Anand Mahindra is seeking fresh blood to power his group’s move to digital, and is on the prowl for 20 ‘high-powered folks’ to make his seven-decade old auto-to-defence conglomerate more digitally savvy as Indian businesses go through a wave of technological disruption.
Sanchit Vir Gogia, Chief analyst and CEO Greyhound Research is a part of the esteemed jury panel along with other industry leaders, who are evaluating and judging the SAP ACE Awards 2015.
About the Event:
Established as the mark of technology excellence since 2006, SAP ACE has recognized and honored Indian businesses who have demonstrated the spirit of innovation and leveraged SAP solutions to transform themselves.
SAP ACE continues to keep pace with evolving business and technology landscapes. Integration of the SAP Performance Benchmarking program in the evaluation process and the independent jury panels have made ACE the most coveted award in the industry.
SAP ACE 2015 endeavors once again to recognize and reward the best in technology innovation and business transformation
The Award categories for SAP ACE 2015 are:
- Adoption of Technology in Line of Business Function
- Enterprise Wide IT Adoption
- Leveraging Analytics and Mobility
- SAP Project Implementation
- Innovation Driven Technology Adoption
- Industry Specific Technology Adoption
The correlation between employee engagement and organisational success is a no-brainer. Over decades while Chief Human Resources Officers (CHROs) have automated processes that translate to improved employee performance, they continue to search better ways to motivate employees. The need to align their team to organisational goals and be counted as a strategic advisor to the management continue to be some of the long standing struggles of CHROs.