There are no legacy people, only legacy technologies: TCS CEO Rajesh Gopinathan

MUMBAI: Tata Consultancy Services (TCS) Chief Executive Rajesh Gopinathan on Friday said continued investments in its large employee base will boost efforts to sustain and participate in multiple technology cycles in the industry.

Speaking at the Times Network India Economic Conclave, Gopinathan said the current geopolitical uncertainty would be another opportunity to participate in a new technology demand cycle.

“I think the biggest reason we enjoy such high employee loyalty and retention is because we believe that our greatest assets are our people. And that there are no legacy people, only legacy technologies. , “They said.

The company has the lowest job loss rate in the industry, hires maximum freshers every year and has over 592,000 employees.

“We have proven time and again that by continuing to train our people, while continuing to provide our existing ones with the first right of denial of all new opportunities, we can, systematically and in a sustainable manner, combat many of these transitions. are able to manage what our industry sees,” said Gopinathan. “So, this is the magic sauce of TCS and everything else is really a testament to our ability to maintain and grow our talent base and to invest consistently in it. – is the product.”

As the world faces a geopolitical and economic crisis in the aftermath of the COVID-19 pandemic, there are concerns about how different sectors will be affected. However, Gopinathan expressed confidence that India’s largest software services company by revenue would be able to explore opportunities in this scenario as well.

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“Each period of volatility is also a period of opportunity. We were able to navigate Brexit with significant growth and significant value addition to our UK market to become the number one service provider in the region,” he said. broke it during Therefore, I view periods of volatility as a natural phenomenon that we must be prepared to face in any market in which we operate.”

He added that setting up TCS in such a way that it can help clients in distress and having the right investment mindset to build capabilities has helped the company achieve these milestones.

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