What is interesting about this plan is that it entails the setting up of a brand new entity called Credence has set its eyes not just on software that is needed by enterprises as they migrate to the cloud, but also on core tech services and solutions that help organisations plan and migrate to the cloud as well as manage it.
Despite being a wholly owned unit of TM, Credence seems to be taking on a distinct look and feel. It’s website for example bears little resemblance to TM. “Enterprise digitisation is to take a company’s applications and modernise it, by taking its on-premise software and moving it to cloud,” Krishnendu said.
However, Krishnendu explained that a deeper look will show that only a small percentage of that revenue comes from what he referred to as a “deep technology play”. On finding the skill sets required, Krish said Credence would take the available pockets of competencies in TMOne as well as hiring new professionals.Credence has partnerships with hyperscalers such as Amazon Web Services and Microsoft Azure.“There are different cloud offerings that have different strengths.