IT companies plan to invest in generative AI

Applications of AI


New Delhi : Indian information technology (IT) firms plan to invest in generative artificial intelligence (AI) and proof-of-concept (PoC) projects to garner surging interest boosted by the popularity of OpenAI’s ChatGPT .

New Delhi : Indian information technology (IT) firms plan to invest in generative artificial intelligence (AI) and proof-of-concept (PoC) projects to garner surging interest boosted by the popularity of OpenAI’s ChatGPT .

Tata Consultancy Services (TCS), the country’s largest IT exporter, said at its 2023 earnings press conference that customer interest in generative AI is growing rapidly.

Tata Consultancy Services (TCS), the country’s largest IT exporter, said at its 2023 earnings press conference that customer interest in generative AI is growing rapidly.

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“In our client interactions last quarter (March), the conversation started and ended with ChatGPT. Everyone is talking about what the tool can do, but innovation trumps productivity It’s very clear, it’s trending across most of the $10 billion deals we won in the quarter, machine learning is an important area for most companies, and most people are We are asking how we are integrating ChatGPT into our products,” said N. Ganapathy Subramaniam. , Chief Operating Officer of TCS. Subramaniam affirmed that TCS is beginning to integrate generative AI into its service portfolio. to see how they can raise the bar on their deliverability and improve the overall quality of their clients. ”

“This basically means much more code reusability and generative power, delivering more proven code to clients. And how clients can reuse their own code. You can also find a number of pilots running and as it matures it will be ready.We have a Center of Excellence (CoE) on Generative AI and building a core competency.Working on this has already been done,” said Subramaniam.

Infosys, the second largest IT exporter, also confirmed projects and initiatives around generative AI in its 2023 earnings call. Infosys CEO Salil Parekh said the company has “active projects with clients using generative AI platforms.”

“Clients are looking to use generative AI to address specific areas within their business. We expect to increase job opportunities for our employees while improving productivity metrics within the company,” said Parekh.

Infosys is currently working on an open-source generative AI platform as well as proprietary platforms such as ChatGPT, he added. The company also uses open source algorithms and its own internal software development library as a database to train its own generative AI applications.

“We currently have active client projects focused on large models to serve different disciplines within client organizations. We’re trying to understand if we can create a sensible application,” said Parekh.



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