Tata Consultancy Services (TCS) has crossed the $30 billion revenue barrier, a remarkable milestone with CEO K Krithivasan at the helm. Krithivasan, in his inaugural year as CEO, led the company through a difficult fiscal year, with a 4.1 percent revenue growth to cross $29.1 billion by March 2024. In the future, Krithivasan wants to continue double-digit growth by making every client relationship a distinct business unit, thus creating a culture of ownership and responsibility. He stressed that this allows TCS to stay agile and propel growth even at its current size

A main contributor to the growth strategy at TCS is the company's concentration on artificial intelligence (AI). The organization built one of the largest AI-prepared talent bases in the world, boasting over 200 generative AI deployments and a pipeline worth $900 million. According to Krithivasan, AI innovations as well as partnerships place TCS in the unique position of riding emerging opportunities through multiple industries.

As economic uncertainties in the world recede, Krithivasan is buoyant about the future. In the near term, he foresees a rebound in discretionary spend as macroeconomic fundamentals favorably evolve with softer interest rates and lesser political uncertainty in important markets such as the U.S. This optimism finds expression in the company's strongest order book ever of $42.7 billion for the year ending March 2024.

With TCS growing its AI capabilities and keeping pace with market trends, the leadership of Krithivasan is ready to propel the company's growth past the $30 billion revenue level, consolidating its position as a worldwide IT services leader.