Avik Das
Avik Das
Page 8 - Avik Das
Clients not scaling back on pure GenAI projects, says Infosys CTO
Companies flagged slowdown during Q4 earnings
 "Clients not scaling back on pure GenAI projects, says Infosys CTO")
AI data strategy crucial for faster return on investments: IBM exec
IBM India's AI head says most Gen AI projects fail due to weak data foundations and suggests a phased approach to unlock RoI within 18-24 months
 "AI data strategy crucial for faster return on investments: IBM exec")
Apple may have a different AI strategy than others, say analysts
Muted WWDC does not imply Apple is behind in the AI race, analysts say, as company focuses on design integration and reliability rather than flashy AI launches
 "Apple may have a different AI strategy than others, say analysts")
Digi Yatra to expand to 15 more airports in India, says Siddharth Sharma
The Digi Yatra facial recognition-based paperless travel system will be enabled at 15 more airports this year, with smaller airports next in line for integration
 "Digi Yatra to expand to 15 more airports in India, says Siddharth Sharma")
The four key startups leading the race to build India's first LLM
With the government's support, work begins on foundational models for AI services
 "The four key startups leading the race to build India's first LLM")
An account of AI disruption in finance as technology reshapes work
OVER 50% of Indian accountants worry they are unable to develop skills due to frequently changing technology, according to a survey
 "An account of AI disruption in finance as technology reshapes work")
Genpact acquires AI solutions provider XponentL Data to boost capabilities
Genpact buys XponentL Data, gaining domain-led data strategy, AI engineering skills and partnerships with AWS, Microsoft and Databricks to accelerate AI transformation
 "Genpact acquires AI solutions provider XponentL Data to boost capabilities")
Cognizant wins two mega deals, eyes return to IT top four by 2027
IT firm doubles down on AI-led productivity and large transformation contracts
 "Cognizant wins two mega deals, eyes return to IT top four by 2027")
Wipro pays out 90% quarterly variable pay to most of its employees
That is significantly higher than cross town rival Infosys whose variable pay for the same period was about 65 per cent due to a muted business environment
 "Wipro pays out 90% quarterly variable pay to most of its employees")
Snowflake to set up R&D centre in India, expand operations in Pune
Cloud data firm Snowflake plans to open an R&D centre in India alongside its Pune CoE as part of its larger push to grow local talent and enterprise technology capability
 "Snowflake to set up R&D centre in India, expand operations in Pune")
Quess Corp throws its hat in GCC business to tap $105 bn market by 2030
The new business line, named Origint, will provide end-to-end services to help GCCs set up, scale, and operate high-performance centres across India and key international markets
 "Quess Corp throws its hat in GCC business to tap $105 bn market by 2030")
Tariffs, AI unleashing unprecedented uncertainty: Infosys chairman Nilekani
Nilekani cautioned that tariffs, which have become a lightning rod across the globe for their impact on various industries, are underscoring the need for companies to diversify their sourcing
 "Tariffs, AI unleashing unprecedented uncertainty: Infosys chairman Nilekani")
Infosys CEO Salil Parekh's salary rises nearly 22% to Rs 80.6 crore
One of the reasons for Parekh's high salary for FY25 is restricted stock units (RSUs). Parekh exercised higher RSUs in FY25
 "Infosys CEO Salil Parekh's salary rises nearly 22% to Rs 80.6 crore")
Indian companies struggle to offer clarity, guidance on GenAI use: Report
Forty-two per cent of professionals in India view GenAI as a threat to job security, while the number inches up to 44 per cent when it comes to middle-level management
 "Indian companies struggle to offer clarity, guidance on GenAI use: Report")
Artificial intelligence watch: Tech middle managers stare at job blues
The fact that not only entry-level roles but also experienced positions can be impacted by automation and AI has sparked off uncertainty, nudging more people to reskill themselves
 "Artificial intelligence watch: Tech middle managers stare at job blues")
You should write code till late in life: Wayfair India's Rohit Kaila
Rohit Kaila talks about the centre's journey, how the lifecycle of a software developer is changing, and why an engineer must not stop coding
 "You should write code till late in life: Wayfair India's Rohit Kaila")
AI adoption accelerates when proper data plan is in place: Wipro CTO
Wipro has been doing AI for a long time but with the acceleration of generative artificial intelligence (Gen AI), says Arun
 "AI adoption accelerates when proper data plan is in place: Wipro CTO")
TCS chief Krithivasan's pay package rises 4.6% to ₹26.5 crore for FY25
The CEO's pay hike is broadly in line with the average annual increase in employee salaries as TCS adjusts remuneration to reflect performance and market trends
 "TCS chief Krithivasan's pay package rises 4.6% to ₹26.5 crore for FY25")
LTIMIndtree, Aramco Digital to start IT services company in Saudi Arabia
LTIMindtree and Aramco Digital launch NextEra in Saudi Arabia to accelerate digital transformation, boost local IT services, and support Vision 2030 goals
 "LTIMIndtree, Aramco Digital to start IT services company in Saudi Arabia")
Gen AI single most transformative force of 2024: TCS' N Chandrasekaran
TCS Chairman Chandrasekaran calls Gen AI a civilisational shift and outlines four strategic vectors to lead in an AI-first world, including a human-plus-AI delivery model
 "Gen AI single most transformative force of 2024: TCS' N Chandrasekaran")
