 "TCS")
Tata Consultancy Services (TCS) is looking at building its cognitive automation software ignio as a standalone company.
Developed within TCS Research & Innovation Labs in 2015, ignio has evolved as one of the top-performing software globally, clocking a revenue of $31 million just in its third year. Around 50 companies across the world, many of them are Fortune 500 firms, use the software with an average revenue per customer of $550,000 per annum.
However, while most of its current users are from TCS' existing client base, the Mumbai-based company has started looking at offering this as a standalone product and even to rival service providers.
