TCS to add 4,000 to GCP headcount
As a part of its big push into Global Consulting Practice (GCP), TCS will add 4,000 to its consulting headcount in the next three years.
Oct 04, 2007, 07.32 AM IST
LONDON: As a part of its big push into Global Consulting Practice (GCP), TCS will add 4,000 to its consulting headcount in the next three years. This follows the IT major’s mission to be counted amongst the top 10 global IT consulting companies by 2010.
“We want to take on the likes of Accenture and IBMs in the business consulting space as we make a transition from a being a trusted IT partner to being a trusted business partner,” TCS’ GCP vice president-EMEA Arun Agarwal told ET on Wednesday.
The firm has 800 people in pure consulting within TCS currently. It has however been dipping into the existing IT consulting talent pool within the firm for various projects. A two-year old practice within TCS, GCP has been on a massive recruitment drive in the past two years pulling people from other premier consultancies.
“We have built a 50:50 mix of people, both outside and those from within the ranks of TCS. This mix will be maintained as we add to our headcount in business consulting,” Mr Agarwal said. TCS’ global consulting practice is growing at a whopping 75% annually . It has recently bagged a substantial €1 billion project from a prominent Swedish bank amidst tough competition from the likes of Accenture and IBM.
Led by its country head AS Lakshminarayan, TCS is currently in throes of transformation of its face in the UK. All top-tier Indian IT majors, Infosys, Satyam, Wipro have a consulting practice. But most of them are still in infancy compared to global IT consulting majors like Accenture, IBM, Cap Gemini.
Consulting improves client stickiness and improves margins. That’s why IT majors like TCS are planning a big push in this space.
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