Page 64 - TCE Annual Report 2024-2025
P. 64
Overview Leadership Messages Governance Strategic Insights Business Review People & Community
Service
Digital and Advanced
Technology Business Unit
The Digital and Advanced Technology Business Unit (DATBU), established in FY18, plays a pivotal role
in driving TCE’s ambition to become a future-ready technology services provider. It was envisioned
as the nucleus of TCE’s digital transformation efforts and today leads projects that combine precision
engineering, emerging technologies, and domain insight. With a strong focus on innovation, DATBU
delivers impactful solutions in areas such as asset digitisation, digital twins, AI-powered automation,
high-precision remote handling systems, and the design of specialised equipment for strategic
sectors. The Business Unit works across industry verticals, bringing in next-generation capabilities and
building a foundation for long-term transformation through technology.
Industry Trends and Market Outlook
2024-25 Performance The digital and advanced technology landscape in
engineering is expanding at a remarkable pace. Globally,
Highlights industries are embracing digital transformation to
reimagine how infrastructure, power, manufacturing,
and process facilities are designed, built, and managed.
Concepts like Industry 4.0, smart infrastructure, and
AI-enabled engineering are no longer future aspirations,
they are central to the way projects are being conceived
3% share in total and delivered today.
revenue
Owners and operators are increasingly looking for
technology-led consulting partners who can provide
end-to-end solutions, integrating physical assets with
digital intelligence. There is a strong focus on data-
4% share in total driven decision-making, automation of workflows,
acquisition
and embedding sustainability into digital frameworks.
In India, the government’s focus on becoming a
global digital hub is driving large-scale investments
in semiconductors, battery manufacturing, electric
231 workforce on mobility, and green hydrogen, all of which require
sophisticated engineering and technology capabilities.
31st March 2025
Digital twin technology, for example, is moving from
niche application to mainstream use, offering real-time
insights into asset performance and lifecycle planning.
14 projects submitted At the same time, the demand for cyber-resilient and
interoperable systems is growing, with clients seeking
for Tata Innovista
platforms that allow seamless collaboration across
geographies and disciplines.
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