“There definitely has been over excitement on Cloud, and some amount of mindless purchases” : TCS CEO Rajesh Gopinathan
By MYBRANDBOOK
According to Tata Consultancy Services (TCS) CEO & MD Rajesh Gopinathan, there were over-excitement and mindless purchases of cloud services amid a pandemic-fuelled digital transformation and cloud-migration activities. One of the key drivers of strong demand and deal pipeline for TCS in the third quarter of FY23 was Cloud service. In an interview with a news website, while responding to whether enterprises are reassessing cloud spending given the current macro economic challenges and trends of over spending on cloud last year for even basic workloads, Gopinathan said this.
“There definitely has been over excitement on Cloud, and some amount of mindless purchases and mindless commitments. And I think people over-simplified the cloud proposition, saying that if I migrate to the cloud, I'm going to get a very variable-sized cost base. And it is going to be cheaper than my capex cycle,” he said.
The CEO added, “Technically, the ‘variablisation’ is true. But to get to that variablisation, you need to do the transformation of your application because just lifting your application from a datacentre kind of setup, and putting it into a cloud will not automatically get you a variablisation.”
He also elaborated that in order to migrate to the cloud mindfully, the companies would first need to modify or architect their existing applications accordingly, and that will require a certain amount of initial investment. Without this, cloud migration could be a “net costlier proposition.”
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