TCS to turn $1-bn firm

Admitting the intense competition levels in the industry, Ramadorai also stated that the company would be renewing its focus on its core competencies, with recruitment, training and R&D taking the forefront.

Fulfiling promises made was more important than making tall claims, he said, just as software services by definition were a promise that had to be delivered. “We will achieve the goal of a billion-dollar company this year. When you claim something, you must deliver. We make a commitment stating the facts and we substantiate them. So, when we say we are a billion-dollar company, you can see through our revenues, that we are a billion-dollar company,” he said.

While admitting that competition levels were intense in the unpredictable industry, Ramadorai said that focussing on core strengths of TCS was of paramount importance, since keeping the leadership position in force was going to be fundamental to the company.The challenge now, according to him, was how they would compete in the global market. Price was not a factor in what the company had to offer to global clients.