India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations are at levels not seen since the g...

Indian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted clie...

Despite predictions of its demise, Indian IT services, led by TCS, are proving resilient due to deep skill sets, not just cost arbitrage, C...

Accenture’s latest results signal stabilising demand in global IT services, with cost takeout deals staying strong and early signs of recov...

Customer caution about potential pitfalls of GenAI in the industry wide ecosystem and lack of clarity around where they need to be deployed...

The forecast is a tad lower in percentage terms from Gartner’s November estimate of 11.2% but, in absolute terms, the spending is set to in...

In percentage terms, this is slightly lower than the November forecast of 11.2%. Global IT spending is estimated to rise by 9.8% to $5.61 t...

Generative AI (GenAI) is projected to deliver savings of 20-40% in the software development lifecycle, with those savings being reinvested ...

The company is establishing AI offices to help clients integrate AI across their operations. These offices provide technical infrastructure...

The rise of generative AI (GenAI) presents an opportunity for IT firms to unlock new revenue streams. Companies like Accenture, Infosys, an...

In a wide-ranging interview with Sameer Ranjan Bakshi, Beena Parmar and Surabhi Agarwal, Salil Parekh, chief executive and managing directo...

In FY24 from April 2023 to March 2024, TCS also consolidated AI and Cloud expertise with the creation of the AI.Cloud unit.

Asia Pacific businesses are increasing investments in generative AI (GenAI) and are projected to nearly triple spends on this technology to...

“Accenture’s data and AI team and clients will co-create solutions with a modern data and AI foundation, LLM (large language model) archite...

The forecast from International Data Corporation (IDC) shows that enterprises will invest nearly $16 billion worldwide on GenAI solutions i...

The survey report said that of businesses that have already deployed genAI, 34% planned to increase usage over the next 12 months.

Indian IT firms are focusing on the integration of generative AI (GenAI) to expedite code generation, optimize labor-intensive tasks and fa...