TCS plans research, analytic services

Image
Rajesh S Kurup Mumbai
Last Updated : Feb 25 2013 | 11:28 PM IST
Software major Tata Consultancy Services (TCS) plans to foray into knowledge process outsourcing (KPO) services as part of its business process outsourcing (BPO) operations.
 
The company intends to begin the services alongside its BPO businesses in Mumbai and Chennai, with a focus on analytics and research space.
 
"Our KPO solutions will provide customers a synergistic combination of deep domain expertise and strong operational excellence that we are known for," said N Chandrasekaran, executive vice-president and head-global operations.
 
He, however, did not divulge the investment planned for the initiative. Globally, the KPO sector is expected to touch $17 billion by 2010, of which $12 billion would be outsourced to India and provide employment to over 2.5 lakh people. At present, the domestic KPO sector employs over 25,000 professionals.
 
The initiative would be positioned at the higher end of value chain and would provide services to global investment banks, mutual funds, hedge funds, insurance firms and other financial services companies across the globe.

 
 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 11 2005 | 12:00 AM IST

Next Story