Tata eyes $1bn from iON services
The company has so far rolled out the service for the domestic market and already has some 240 customers. TCS expects 1 000 customers in a year, Venguswamy Ramaswamy, global head of iON, said at a press briefing on Friday.
iON provides on-demand business solutions using cloud computing technology and was unveiled in the national capital region on Friday, reports The Economic Times.
“This is a segment where no one else has focused on. iON will provide SMEs access to world-class, simple-to-use and scalable technology tools,” said Ramaswamy.
Ramaswamy adds: “Our endeavour has been to ensure the SMEs can grow smarter and faster by having latest technology solutions along with the advantage of a pay-per-use business model that frees up capital to re-invest in their core business.
“About 60% of SMEs in India still do not have an ICT infrastructure in place. The SME sector in India has a huge potential,” The Hindu writes.
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