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TCS Chairman Chandrasekaran at AGM 2026: AI Agents to Match TCS Workforce in 3 Years, Revenue Hits $2.4 Billion
Tata Consultancy Services Chairman N Chandrasekaran stated that artificial intelligence (AI) is not a threat to the technology services industry, but a major opportunity. He stated that TCS's AI revenue is steadily growing, and within the next three years, AI agents could equal the number of employees.
Tata Consultancy Services Chairman, N Chandrasekaran mentioned in an address to the media on Tuesday that artificial intelligence (AI) is an opportunity and not a threat to the technology services industry. As per his comments, the growth rate of revenue from AI operations has been consistent for the past four quarters.
The compound quarterly growth rate (CQGR) was found to be at 22 percent during this period. The AI revenues in the current quarter were found to be close to $2.5 billion year over year basis.
Addressing TCS's 31st Annual General Meeting, he further mentioned that within three years from now, TCS could have the same number of AI agents as it has employees.
Chandrasekaran said the company is doing the "most important work" in its history, as AI is transforming the global technology services industry. According to Chandrasekaran, three-quarters of companies expect technology spending to increase over the next two years due to AI adoption.
