TCS boosts development with AI-driven engineering
Generative AI is revolutionising engineering research at Tata Consultancy Services, with clients reprioritising budgets and development strategies to capitalise on faster code generation and testing processes.
Tata Consultancy Services (TCS) is harnessing generative AI to accelerate development in the rapidly growing field of engineering research and design, according to a senior executive. Sreenivasa Chakravarti, vice president of IoT and digital engineering at TCS, revealed that development cycles for clients such as Rolls Royce, Jaguar Land Rover, and Siemens have shortened by up to 20% thanks to AI integration.
Generative AI is being widely adopted by engineering-related clients to boost efficiency in code generation, testing, and quality assurance. This trend is reshaping budget allocations and product development strategies across industries. Engineering, research, and design services, which support sectors like self-driving technology and sustainability solutions, represent a significant portion of India’s $254 billion tech industry.
The engineering research and design niche is the fastest-growing sector in the Indian tech industry, with projections indicating it will quadruple in size to $170 billion by 2030. Pure-play software companies like TCS, Infosys, and Wipro are competing alongside specialised firms such as Tata Elxsi, Cyient, and L&T Technology Services in this booming sector.
As the core software services sector faces challenges, large IT firms are increasingly investing in the engineering space through acquisitions. Cognizant recently acquired Bulcan for $1.3 billion, while Infosys purchased German firm in-tech for $480 million.