Nearshore Americas

TCS Earnings From Ignio Platform Double in One Year

Indian IT services firm TCS has announced that its automation software Ignio had doubled its revenue as well as the number of customers over the past one year.

The revenue generated by the software increased to US$60 million this year from US$31 million last year, according to India’s financial daily The Economic Times.

Launched in 2015, Ignio is a machine learning and AI-based platform that acts as a virtual system administrator, automating repetitive functions and preventing potential malfunctions well in advance.

Entrepreneurs can use the software to run a wide variety of IT processes autonomously without the need for any human intervention.

According to TCS, the software enhances the operational efficiency of an organization, making the entrepreneur more agile and productive.

“Ignio’s unique capabilities cover the breadth and depth of an enterprise from IT to business and from context to self-heal. Ignio closes the loop between prediction, recommendation and autonomous execution on a single platform,” says Akhilesh Tripathi, Global Head of Digitate, a TCS subsidiary that sells the software.

Encouraged by the success, TCS is now talking of appointing channel partners for reselling the software around the world.

“We have started to go and appoint channel partners so that it can be pretty much sold by third parties, and the third parties themselves can go provide services around it,” The Economic Times reported, quoting NG Subramanian, chief operating officer at TCS, as saying.

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“It’s a new way of working for us. Traditionally, we have been implementing our products ourselves.”

In August last year, TCS launched a similar platform called Jile, which enables enterprises to plan and track software development.

Narayan Ammachchi

News Editor for Nearshore Americas, Narayan Ammachchi is a career journalist with a decade of experience in politics and international business. He works out of his base in the Indian Silicon City of Bangalore.

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