October 10, 2025
Tech News
Tata Consultancy Services (TCS), India’s premier software-services provider, surpassed second-quarter revenue predictions, primarily driven by its robust banking, financial services, and insurance sectors. With consolidated sales rising 2.4% to 657.99 billion rupees, the results reflect optimism amidst ongoing economic uncertainties, particularly in North America.
Despite the positive revenue growth, TCS’s profit fell short of expectations, increasing only 1.4% to 120.75 billion rupees, weighed down by restructuring costs. The company, which has planned to reduce 2% of its workforce, reported total order bookings of $10 billion in the second quarter, indicating a potential rebound in the IT sector amidst tariff-related concerns.
In a move to enhance its service offerings, TCS announced the establishment of a new business entity focused on building artificial intelligence (AI) infrastructure, which includes a significant 1 GW data center in India. This development aims to secure a competitive edge in the rapidly evolving tech landscape.
Meanwhile, the startup DevAlly has emerged as a key player in helping companies comply with Europe’s recent accessibility regulations. Securing €2 million in pre-seed funding, the firm aids businesses in detecting accessibility issues to align with the European Accessibility Act (EAA) while also supporting them in creating remediation roadmaps.
The EAA requires businesses across the EU to meet specific accessibility standards, which have proven challenging for many, including well-established enterprises. DevAlly seeks to bridge this gap by automating testing and tracking accessibility issues through AI, which is expected to ensure efficient compliance ahead of the 2030 deadline for existing products.
Drawing attention to the financial potential of accessible design, DevAlly emphasizes the importance of reaching the $8 trillion market represented by disabled consumers. As digital products continue to evolve, businesses are increasingly aware of the necessity for accessibility, enhancing user experience for everyone.
Improved design standards can make a significant difference, as illustrated by recent findings showing that most U.S. websites do not meet basic accessibility needs. With the EAA’s rigorous requirements now in effect, U.S. companies operating in Europe are looking for assistance to navigate compliance challenges, creating fresh opportunities for startups like DevAlly.
Tech Explained
Revenue – Revenue refers to the total income generated by a company from its normal business operations, typically from the sale of goods and services. It is a crucial indicator of financial health and business performance.
Workforce – The workforce encompasses the labor pool engaged in delivering work for an organization. Changes to the workforce can affect a company’s operational capacity and strategic direction, especially in large enterprises like TCS.
Artificial Intelligence (AI) – AI refers to the simulation of human intelligence processes by machines, particularly computer systems. By leveraging AI, companies can automate complex tasks, improve user experiences, and enhance the effectiveness of operations in various sectors.
Accessibility – Accessibility in technology refers to the design of products, devices, services, or environments that are usable by people with disabilities. Compliance with accessibility standards ensures that a broader audience can engage with digital platforms, such as websites and applications.
European Accessibility Act (EAA) – The EAA is a regulatory framework aimed at improving accessibility for people with disabilities across the European Union. It mandates that products and services must be accessible to enhance inclusivity while imposing strict compliance deadlines and potential penalties for non-compliance.
