TCS Navigates Cautious Client Spending with AI Growth and Continued Hiring

• TCS reports clients are more cautious with spending, shifting from annual to quarterly tech budget calls.
• Despite caution, AI-led work is gaining strong momentum, with annualised AI revenue growing from $1.5 billion to $1.8 billion.
• TCS continues to invest in talent, hiring nearly 16,000 people this quarter and stepping up training in AI, ML, and data skills.
• Acquisitions like Coastal Cloud are key to TCS' ambition to lead the AI-led services space, strengthening its Salesforce ecosystem presence.
• CFO Samir Seksaria outlined plans to build 1 GW of data centre capacity over 5-7 years with anchor customers, involving a $2 billion investment.

Why It Matters: TCS adapts to cautious client spending by leveraging strong AI growth, strategic acquisitions, and continuous talent investment.