Page 9 - Ayushman Baruah

Surge of user interest in GenAI this year: Automation Anywhere's Kothari

The impact of process automation to address the looming workforce productivity challenges will be enormous, says Kothari

IT services companies chase large deals for higher revenue, faster growth

IT companies consider deals at or above $100 million as large deals while deals at or above $500 million are categorised as mega deals

Karnataka aims to attract Rs 40,000 cr, generate 80,000 jobs in new city

The new investment region will be spread over 2,000 acres within 60 km from Bengaluru and developed in a phased manner

Genpact CEO 'Tiger' Tyagarajan announces retirement, B K Kalra to take over

Kalra has been a leader in business transformation - the key focus area of Genpact - with more than 30 years of experience

Philips ramps up investments in India with new innovation hub in Bengaluru

The latest centre of Philips in Bengaluru marks a significant landmark in the company's global footprint, alongside, playing a vital role in "revolutionising" healthcare in India and beyond

Infosys, AWS join hands to help financial clients accelerate cloud adoption

As part of the collaboration, Infosys and AWS aim to support financial organisations, like retail banking at NatWest Group, in accelerating their cloud adoption journeys

IBM partners with AWS to launch GenAI-focussed innovation lab in India

IBM Consulting plans to train and skill 10,000 consultants on AWS generative AI services by end of 2024

Avaya to focus on artificial intelligence, grow India talent by 20% in 1 yr

Currently, it has 1,500 employees across five offices in India, including three development centres in Pune, Bengaluru, and Hyderabad

Uco Bank Q2 net profit falls 20% to Rs 402 cr, total income at Rs 5,866 cr

The bank's total provisioning for the latest September quarter stood at Rs 336 crore, down from Rs 400 crore earlier, as per the filing

Infosys opens new proximity centre in Bulgaria, to hire 500 in 4 years

Infosys believes Bulgaria's strategic location and reputation as an attractive market for IT development will help the company tap into its local talent pool

Cognizant Q3 profit down 16.5%, 2023 revenue guidance at -0.7% to flat

The revenue for the fourth quarter is expected to be in the range of $4.69-$4.82 billion, a decline of 4 per cent to 1.2 per cent in constant currency

SAP bets big on GenAI driven by strong demand for digital transformation

SAP has launched Build Code Solutions that offer AI-powered productivity tools for developers, optimised for Java and JavaScript development

Regulations on AI good as long as we don't hinder innovations: SAP Labs

SAP's latest offering, GROW with SAP, announced in March 2023 is exactly in that direction of targeting the mid-market section of customers, where we will be offering them standard business processes

Wipro is not alone, several Indian IT companies are facing a CXO churn

As experts at predicting business and industry growth, some CXOs might decide to switch companies or even sectors, or explore newer markets, innovative offerings, and fresh business models

Tally is investing heavily in AI to develop new product experience: Goenka

We have over 2.3 million licensed customers and over 7 million users in more than 100 countries across various business segments, said Goenka

Infosys, Smart Europe ink 5-year pact to redefine e-mobility experience

Infosys said it will leverage its technical expertise and design thinking-led consulting approach to enable Smart Europe GmbH to derive "exceptional value" from software, data, and cloud investments

All Wipro solutions will be AI-powered in 6 months: MD & CEO Delaporte

Wipro is seeing rapid adoption of AI in sectors like healthcare, consumer, and financial services, with hi-tech and utilities following closely

Deal volume remains strong but discretionary spending down: Wipro MD & CEO

Thierry Delaporte, chief executive officer and managing director, Wipro, talks about the demand environment, large deals pipeline, and acquisition strategy in an interview with Ayushman Baruah

Infosys to train 20,000 employees on Google Cloud's GenAI, aims expertise

The company is enhancing a wide range of its existing platforms and solutions with Infosys Topaz and Google Cloud GenAI features

Wipro posts flat Q2 profit, cuts Q3 revenue growth guidance on weak demand

The operating margin expanded 100 basis points to 16.1 per cent in the second quarter from 15.1 per cent in the year-ago period