Kolkata: Tata Consultancy Services (TCS) is targeting the small and medium business (SMB) segment with the launch of its cloud-based technology solution, ‘iON´.
“The SMB sector in India has a huge potential. TCS has launched a scalable cloud computing technology for the SMB sector,” TCS global head (iON) V Ramaswamy said.
He said technology absorption by the Indian SMB sector was on the rise and the market at present is worth $ 11.9 billion. This would go up to $48.5 billion by 2015.
Ramaswamy said TCS wanted to reach the target of $1 billion business from its iON platform in the next five years.
The verticals in which TCS is providing the technology are manufacturing, retail, textile, education, quick service restaurants, wellness clinics and professional services.
At present, the present client base for the iON platform is 237.