Tata Consultancy Services Boosts AI Skilled Workforce to 217,000 Employees
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
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Source: CNBC
- AI Skill Enhancement: Tata Consultancy Services (TCS) reported during its latest earnings call that its workforce with higher-order AI skills has surged from 180,000 to 217,000, highlighting the company's urgent pivot towards AI integration and talent development.
- Industry Trend: A report from India's National Association of Software and Services Companies indicates that over a third of IT firms are utilizing AI for 40% of their core operations, suggesting that AI is becoming a standard in the industry, driving efficiency improvements of 25%-35%.
- Talent Gap Widening: According to a report by Niti Aayog, the supply of AI talent in India is only 50% of current demand, with expectations of further deterioration in the coming years; without corrective measures, employment in the IT services sector could decline from 7.5 million in 2023 to 6 million by 2031.
- Future Outlook: Despite challenges related to skill mismatches, analysts predict that net hiring in the IT sector could rise from 1%-1.5% to 6%-7% by the fiscal year ending March 2027, with widespread AI adoption being a key driver of this growth.
Analyst Views on JPM
Wall Street analysts forecast JPM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JPM is 341.38 USD with a low forecast of 260.00 USD and a high forecast of 400.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
11 Buy
7 Hold
1 Sell
Moderate Buy
Current: 303.630
Low
260.00
Averages
341.38
High
400.00
Current: 303.630
Low
260.00
Averages
341.38
High
400.00
About JPM
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. The Company operates through three segments: Consumer & Community Banking (CCB), Commercial & Investment Bank (CIB), and Asset & Wealth Management (AWM). Its CCB segment offers products and services to consumers and small businesses through bank branches, ATMs, digital and telephone banking. Its CIB segment consists of banking and payments and markets and securities services, and offers a suite of investment banking, lending, payments, market-making, financing, custody and securities products and services to a global base of corporate and institutional clients. AWM segment offers investment and wealth management solutions. It offers multi-asset investment management solutions, retirement products and services, brokerage, custody, estate planning, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
