TCS, Analysis of Infosys Annual Report for Financial Year 22

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Analysis of the annual reports of Tata Consultancy Services Ltd for FY 22. and Infosys Ltd. proposed long-term multi-year initiatives for digital and cloud transformation, along with the need to stimulate organizational efficiency.

Key cost areas include cloud adoption, cybersecurity, 5G, network virtualization, data analysis, customer experience, hyper customization, and supply chain transformation.

Emerging technologies such as the Internet of Things, the metaverse and the blockchain are also gaining popularity.

Although IT companies remain cautious about the macro environment (with high inflation, geopolitical tensions and slowing growth), demand remains stable.

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