GenAI could boost productivity in India’s retail industry by 35-37% in 5 yrs: EY India reportGenerative AI could enhance productivity in India’s retail sector by up to 37% within five years, according to EY India. The technology is ...
13 Feb, 2025, 01.55 PM IST
GenAI to boost India's IT industry's productivity by up to 45%: EY India surveyAccording to EY India's survey, this productivity boost, impacting 500 roles, will result from both the IT industry integrating GenAI eleme...
10 Feb, 2025, 02.52 PM IST
GenAI to transform 38 million jobs in India by 2030, boost productivity: EY reportGenAI could transform 38 million jobs in India by 2030, boosting economic productivity by over 2.6%. Key sectors like financial services, h...
16 Jan, 2025, 02.20 PM IST
GenAI set to revolutionise 38 million jobs in India by 2030, unlocking significant productivity gains: EY India reportBy 2030, Generative AI (GenAI) is expected to significantly transform India's workforce and economy, potentially revolutionizing 38 million...
15 Jan, 2025, 07.32 PM IST
Generative AI funding in India soars 6x in Q2 FY25: reportTotal funding grew 3.4 times year-on-year, boosted by investments in enterprise applications and agentic AI. The number of funding rounds g...
25 Nov, 2024, 03.35 PM IST
IT spending to rise by 11.2% in 2025; higher impact on jobsThe IT spending shrunk by 0.5% to $112.56 billion in 2023 while it grew 10.7% to $124.61 billion in 2024. The software spending is estimate...
12 Nov, 2024, 06.27 PM IST
Moving up the value chain, TCS sets up AI offices for clientsThe company is establishing AI offices to help clients integrate AI across their operations. These offices provide technical infrastructure...
12 Oct, 2024, 06.01 AM IST
TCS showcases its tech power before investors, analystsHeld at TCS Banyan Park on Friday, the event was attended by around 30 analysts and investors. It was hosted by TCS’s senior management and...
13 Aug, 2024, 11.27 AM IST
30% GenAI projects will be dropped after proof of concept by 2025 end: GartnerThe Gartner research indicates that GenAI requires a higher tolerance for indirect, future financial investment criteria compared to immedi...
29 Jul, 2024, 03.10 PM IST
Banking on GenAI: The artificially intelligent future of financeTop Indian banks like SBI, HDFC, and Axis are adopting GenAI for better services. Data shows that the BFSI sector's IT spending was a whopp...
16 Jul, 2024, 03.32 PM IST
How GenAI is becoming key part of large, mega IT dealsIT service providers are integrating Generative AI into large deals, indicating its advancement from PoC stage. Traditional IT budgets are ...
11 Jul, 2024, 06.11 AM IST
Wipro launches Lab45 AI platform to compete on GenAI solutionsWipro launched Lab45 AI platform to enhance business functions and industry-specific solutions for customers and employees. The platform ha...
11 Jun, 2024, 10.47 PM IST
HCLTech integrates its GenAI platform with Google GeminiHCL Technologies announced the availability of its GenAI platform, HCLTech AI Force, on Google Cloud's Gemini models, integrating Google's ...
30 May, 2024, 02.06 PM IST
It’ll take time to leverage full potential of GenAI: : TCS’ AI-Cloud biz headSiva Ganesan, head, TCS’ AI.Cloud business unit told ET that upskilling of the workforce, reimagining core business processes, focusing on ...
24 May, 2024, 07.46 AM IST
Predictions for 2024: India will be the global nucleus of Generative AI, says TCS CEOYear 2023 will be remembered for Generative AI which is becoming a part of every industry. Similarly, every industry is set to be lit with ...
01 Jan, 2024, 12.18 AM IST
Genpact has booked ‘record large deals’ in first two quarters of FY23: CEO NV TyagarajanNV (Tiger) Tyagarajan, chief executive at the US-headquartered business process management firm, said the company’s data-tech-artificial in...
22 Sep, 2023, 11.11 AM IST
To AI or not no longer a question: IT majors already using GenAI for several tasksIndian IT firms are focusing on the integration of generative AI (GenAI) to expedite code generation, optimize labor-intensive tasks and fa...
01 Aug, 2023, 04.15 PM IST