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India has a "unique" position in AI enablement due to its deep technology foundation and large pool of people who understand digital systems and processes, according to Babak Hodjat, Chief AI Officer at Cognizant. Hodjat told PTI that while AI tools are increasingly generating more and more codes, developers will still be needed to build modular systems and evaluate the quality of outputs produced by AI. "So this is not going to go to waste...A coder using AI is going to be well ahead of a non-coder using AI," he said. Artificial Intelligence is empowering more professionals across fields, even though core tech expertise remains valuable, Hodjat believes. The recent India AI Impact Summit, held in New Delhi, showed the extent to which the country is prioritising artificial intelligence. "India has a unique position because they have a starting point that is ahead of everyone else. Because you have a tech-savvy population and you are building on solid grounds which is the technolog
Telangana IT and Industries Minister D Sridhar Babu on Monday inaugurated the Global Technology Centre of US insurance major The Hartford here, marking the company's first-ever foray into India. The 160,000 sq ft. facility is located in Financial District in the city's IT hub. The centre is expected to scale to a headcount of nearly 1,200 over the next few years as it expands advanced digital, engineering and AI-led capabilities for the organisation globally, a state government release said. The facility will support the company's enterprise-wide technology transformation journey, with a strong focus on artificial intelligence, digital innovation and engineering excellence, it said. Operating in a start-up-like environment, the centre is designed for "rapid prototyping and seamless crosstime-zone collaboration with the company's technology hubs in Hartford, Charlotte, Chicago, and Columbus (in US)", it said. The Hartford's decision to begin its India journey in Hyderabad follows a
The growing number of Indian-origin leaders at the helm of major global technology companies should not be viewed through the prism of brain drain, but as a "net positive" for both India and the world, said Jeetu Patel, President and Chief Product Officer of Cisco. Addressing the debate on whether India loses out when its top talent rises to leadership roles in the United States and other advanced economies, Patel rejected the zero-sum framing. "I think of India as a net exporter of talent," he told PTI in an interview, adding, "I haven't thought about this as a zero-sum equation." He argued that Indian professionals thriving globally often do so because of the cultural grounding they receive at home. "Indians that have been born and raised here and have actually had the benefit of the cultural values that have been instilled in us - of hard work and education and ethics and all of that - and then we go to different parts of the world and we end up thriving there largely because of
Global technology and digital talent solutions provider NLB Services on Monday announced its foray into the Global Capability Centre (GCC) segment and is eyeing USD 200 million revenue over the next five years, a senior company executive has said. The company also announced the appointment of Abhilash Raghavan as Chief Business Officer (CBO) of its GCC vertical, who will lead global business strategy and accelerate growth across priority markets. Raghavan will help establish and scale operations across India and other key markets across North America, Asia, the UK and Europe. "India continues to be at the forefront of major GCC expansions globally. We have built a strong and trusted presence in the GCC ecosystem by consistently delivering transformative outcomes for global enterprises," NLB Services SVP and APAC Head Varun Sachdeva told PTI. "Over the next five years, we are aiming to generate around USD 200 million in revenue through our GCC-as-a-Service venture," he ...
External Affairs Minister S Jaishankar will address the inaugural session of the ninth edition of the Global Technology Summit (GTS) -- India's flagship dialogue on geo-technology -- here on Thursday. GTS, co-hosted by the Ministry of External Affairs (MEA) and Carnegie India, will be held from April 10-12. The inaugural session of the summit would begin with an address by Jaishankar, according to a statement issued by the MEA on Wednesday. "Convening leaders from government, industry, academia and civil society, the summit aims to shape global technology policy conversations with a focus on innovation, resilience and international cooperation," the statement said. The theme for this year's summit is 'Sambhavna', meaning possibility, and will explore how emerging technologies can drive inclusive growth, strengthen digital governance and deepen cross-border partnerships, it said. Over the course of three days, GTS 2025 will feature over 40 public sessions, including keynote address
Technology is shaping economies more profoundly than ever before, Nasscom President Rajesh Nambiar said on Thursday as he outlined India's strengths as a global talent hub which positions it as a preferred partner in the global technological ecosystem. Nambiar was speaking at the IT industry body's Global Confluence 2025 here. "Today, the world is in a bit of an inflection point than ever before. Some of the technologies are actually playing a lot more influence on the economic models that we are seeing in the country," he said. Nambiar noted that the world is experiencing a global technological shift, which has created a rising demand for a high-quality talent base to meet the challenges and opportunities of this new landscape. There is no industry or country that is growing without technology playing a leading role. All of them have always been driven by technology to some extent, he said. "A country like India continues to be a partner of choice for the global technological ...