How TCS, Infosys, HCL Tech are Going to Benefit from Unlock 4.0; How will it Affect Employees?

It companies such as Tata Consultancy Services, Infosys, and HCL Technologies are presented with a new set of opportunities as they are enabling ‘work from anywhere.’ A double digit growth in revenue and an expansion in margins are feasible as this paves way to a third wave of outsourcing this millennium.

“After a steep decline of 2.77% in USD revenues for the top 5 Indian IT firms in FY21E due to the COVID-19 impact, we are expecting a sharp revival in growth over FY22 and FY23E,” said Goldman Sachs. Only Wipro has been left behind in the fray.

“We see TCS as one of the largest beneficiaries of these trends given its wide array of services and capabilities, geographic presence, wide client base, consistent strong execution and ability to work remotely at large scale with c.450k employees,” it added. TCS is hence, expected to race against the other competitors. It is because it is the only Indian IT with greater market share in healthcare.

Adding to this, working from home has been cutting down on costs like transportation, infrastructure expenses, and so on. This in turn is contributing greatly to expanding the margins.