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TCS Program Gives European Graduates a Head Start in Tech Careers

Posted On: 2019-06-13 14:25:27

Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has announced the pan European launch of Grow@TCS, a talent program to help graduate trainees get the most out of their new careers in technology.

After the successful start of Grow@TCS in Germany in 20L7, the program was introduced in the Netherlands and Hungary in 2018, and is now expanding Europe-wide. The training program is designed to help trainees gain insights into IT consultancy career paths.

With demand for digitally skilled employees growing by around 4% a year1, Europe lacks skilled ICT specialists to fill the growing number of job vacancies in all sectors of the economy due to lack of digital education as well as the aging population impacting the job market. ICT jobs already make up for more than 3.5 percent of total employment today, leaving more than 40 percent of employers in the European Union with the difficulty of finding people with the skills they need to transform and thrive2. In a global study on Business 4.0™ recently conducted by TCS, the four business behaviors: driving mass personalization, creating exponential value, leveraging ecosystems and embracing risk have been identified as the criteria that define business leaders. The region with the highest percentage of these leaders globally is Europe.

TCS created the IT Futures program in 2013 to address the challenges of the digital skills gap, and the newly expanded Grow@TCS trainee program will extend this work. With this program, European graduates have the chance to develop their digitalskills and business acumen with handson experience, while helping businesses to embrace digital technologies and ensuring that Europe further builds its digital leadership position.

Grow@TCS is a three-stage program, starting with an onboarding period in the respective home country with workshops focusing on soft skills and working across different cultures. Participants then travel to India, where they undergo account and industry-specific training, gaining hands-on experience at TCS' offshore delivery centers at locations such as Bangalore, Chennai, Delhi, and Trivandrum. Following their training in India, participants will return to their home base and start project work with key European customers. Trainees will benefit from being a part of an international team, and will be given ongoing support from mentors and colleagues.

"Since launching in Germany in 2017, Grow@TCS has built impressive momentum. After extending to two additional European countries in 2078, we are now proud to launch it ocross Europe," said Amit Bajaj, Head, TCS Europe. "What makes this program truly special is the intercultural experience on offer. Grow@TCS trainees have an incredible opportunity to learn about Indian society and business culture, and bring European culture to India in return. This exchange creates added value for everyone - our trainees, our staff and our customers."

Dr Prithwish Ray, Director, Human Resources, TCS Europe, adds, "Grow@TCS offers graduates a valuable opportunity to build professional experience working with the latest digital technologies. We are pleased to now be able to offer graduates across Europe the opportunity to get a head start in their careers while enjoying international travel opportunities."

"Grow@TCS has been a great opportunity for me to gain professional experience in an International setting. Thanks to working with such a culturally diverse group of colleagues, every day has presented a chance to gain new working insights and develop new skill sets," said Alexander Dababi, Analyst Trainee, TCS.

The 2019 program for Grow@TCS begins on September 1, 2019 and is open to graduate students of relevant disciplines. Applicants must have a keen interest in digital technology, the willingness to learn and strong interpersonal skills. Work experience, ideally in the IT sector, will be an advantage. Applications are open until July 15, 2019.

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2258.45 as compared to the previous close of Rs. 2252.85. The total number of shares traded during the day was 71366 in over 4671 trades.

The stock hit an intraday high of Rs. 2267 and intraday low of 2219.5. The net turnover during the day was Rs. 159786467.

1,2 Being digitally competent in 2020 and beyond: A Skills Deal for Europe, European Association for Information on Local Development (AEIDL), April 2018

Source: Equity Bulls

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