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INFOSYS GENAI PROJECTS
AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...- An old legacy lights up: AI takes on decades of tech debtHelping enterprises unshackle billions of lines of legacy code they are buried under unlocks opportunities for Indian IT. But firms, especi...
- IT not so positive? Bench strength of companies shrinking fastUnlike cricket, India’s IT services industry is groaning under a weakening bench strength. The bench strength for IT services, long seen as...
- Reports of my death are greatly exaggerated! Why Nuvama is screaming buy on all top 10 IT stocksNuvama says fears that Gen-AI will cripple India’s IT services model are overblown, invoking Mark Twain’s line that “reports of my death ar...
- TCS, Vishal Sikka’s Vianai Systems tie up to bring GenAI tools to boardroomsThe partnership will see Vianai’s ‘hila’ platform – a GenAI system designed to let senior executives like CFOs and CIOs interact with busin...
- 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...
- India’s IT services: getting GenAI-ed?For the first time, top executives of TCS and Wipro, among others, have acknowledged that the correlation between workforce addition and re...
- Outperform rating for Infosys, target price Rs 2,225: BNP Paribas SecuritiesBNP Paribas Securities rates Infosys as outperform, targeting Rs 2,225. Current price is Rs 1939.1. Digital adoption boosts Infosys' growth...
- Indian AI talent will play a major role in building apps: Infosys CTOInfosys is also using AI in software engineering, employing code assistants to write and test codes faster. Additionally, AI is being used ...
- Strong client interest on GenAI; don't foresee layoffs within Infosys from new-age tech: CEO Salil ParekhInfosys CEO Salil Parekh revealed substantial interest from clients in Generative AI technology, comparable to previous digital and cloud a...
- 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...
- IT companies see shift in deal scope on GenAI, muted marketIndian IT service firms are adapting to client demands for enhanced productivity and expanded scope of work, potentially impacting profit m...
- P2P lenders adapt to regulatory pressures; GenAI deals in ITHappy Thursday! Peer-to-peer lending firms are scrambling to comply with the central bank’s rules by tweaking their products. This and more...
- 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 ...
- How GenAI is opening up new revenue streams for IT firms and GCCsThe rise of generative AI (GenAI) presents an opportunity for IT firms to unlock new revenue streams. Companies like Accenture, Infosys, an...
- As macro climate changes, GenAI will also scale up: Infosys CEO Salil ParekhIn a wide-ranging interview with Sameer Ranjan Bakshi, Beena Parmar and Surabhi Agarwal, Salil Parekh, chief executive and managing directo...
- APAC businesses to nearly triple spends on GenAI in 2024: Infosys ResearchAsia Pacific businesses are increasing investments in generative AI (GenAI) and are projected to nearly triple spends on this technology to...
- Eye on GenAI, Indian IT companies seek opportunities to build and expandHaving moved to infuse generative AI (GenAI) technology internally and in client offerings last year, IT firms like Wipro and Tech Mahindra...
- Europe to double spending on generative AI in 2024: Infosys ResearchThe pace of investment is slower than in North America where spend is expected to reach close to $6 billion next year, according to the Gen...
- 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...
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