Tata Consultancy Services has introduced a new strategic business unit focused on meeting the technology needs of small and midsize businesses. TCS will offer IT-as-a-Service so that smaller companies can access scalable customized solutions at a reasonable cost.

This subscription-driven service will allow customers to take advantage of TCS' existing intellectual property, infrastructure and scale, as well as that of its partners. TCS will also provide blueprints for business process improvement.

"Small and medium business is growing rapidly but their IT needs are not being met in an integrated and holistic manner by the industry," N. Chandrasekaran, chief operating officer and executive director at TCS, said in a statement. "By leveraging our global experience and best practices, TCS has devised a model to deliver integrated, end-to-end, managed IT solutions that give SMBs an innovative and scalable option for meeting their technology needs."