As an attempt to make the information technology services affordable for the SMBs in the country, India's leading IT company TCS is set to launch a new project, a cloud offering. The offering is expected to launch by September, writes Achalla Venugopal from WATBlog.com.
This cloud service aims to lower the cost of ownership by 35-40 percent. The traditional licensing model will be replaced by a monthly subscription model. The IT stack includes hardware, networking and software. New customers will be locked in for three years. TCS plans to focus on the domestic market with this offering first and then later expand to overseas markets too.
Cloud computing is Internet-based computing, whereby shared resources, software, and information are provided to computers and other devices on demand. Cloud computing describes a new supplement, consumption, and delivery model for IT services based on the Internet, and it typically involves over-the-Internet provision of dynamically scalable and often virtualized resources.
The service is expected to be a major growth engine for TCS. It can revolutionize the way Indian SMBs do their businesses providing them the same IT infrastructure which they could otherwise not afford. This offering which has yet not been branded is also been talked about as the last big-ticket project from Ratan Tata.
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