- Published on January 17, 2023
- In IT Services
TCS, the Lone Warrior in the Innovation Battle Against China, US
The journey of TCS getting here started way back in 2006 when the company recognised the crucial role patents play in differentiating their offerings and creating strategic barriers to entry.
- By Lokesh Choudhary
The Indian IT sector is better known for its dominance in the service industry rather than its innovation. This perception is further reinforced by the fact that Indian companies are underrepresented among the world's most innovative technology firms, with companies from the US and China occupying most of the top spots.
But, it seems as though the winds have changed. In the recent quarterly result of Tata Consultancy Services (TCS), we witnessed Rajesh Gopinathan saying that TCS is now running on one patent a day on a calendar basis. “Today, we have 7134 patents applied, which is an increase of 738 annually. Even more importantly, our total patents granted have now grown to 2694 patents, which is up to 493 patents on a year-on-year basis,” said Gopinathan while releasing the quarter
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Lokesh Choudhary
Tech-savvy storyteller with a knack for uncovering AI's hidden gems and dodging its potential pitfalls. 'Navigating the world of tech', one story at a time.
You can reach me at: lokesh.choudhary@analyticsindiamag.com.
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