TCS sees pandemic-driven boost in Europe as clients adopt new technologies

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An employee of Tata Consultancy Services (TCS) works inside the company headquarters in Mumbai March 14, 2013. REUTERS/Danish Siddiqui/File Photo

Indian software company Tata Consultancy Services Ltd (TCS.NS) (TCS) is seeing acceleration in some parts of its business across Europe as the pandemic pushed companies to adopt new technologies more rapidly, a top executive said.

Europe has been the fastest growing region for TCS from where it gets about a third of its annual revenue of $22.17 billion. In the last full year, continental Europe was the only geography that showed growth for TCS.

The pandemic has proven that you can collaborate remotely and certain technologies where adoptions were slow, such as collaboration technologies or cloud, the openness has increased and therefore there is an acceleration, Sapthagiri Chapalapalli, head of TCS Europe, said in an interview.

“When things open up, you also need to be cautious … cyber security for example has…

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