TCS may make cognitive automation software ignio as a standalone firm


Business-standard reports:
Tata Consultancy Services (TCS) is looking at building its cognitive automation software ignio as a standalone company. Developed within TCS Research & Innovation Labs in 2015, ignio has evolved as one of the top-performing software globally, clocking a revenue of $31 million just in its third year. Around 50 companies across the world, many of them are Fortune 500 firms, use the software with an average revenue per customer of $550,000 per annum.
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