Technology
Indian IT giants bet big on AI, rewire business DNAs for AI-driven future – Crypto News
New Delhi, Jun 29 (PTI) Indian IT majors are aggressively repositioning themselves as AI-native firms, focusing on high-margin applications and integration over high-risk, capital-intensive foundational research.
A deep dive into the FY25 annual reports from the industry behemoths — TCS, Infosys, Wipro, and Tech Mahindra — indicates that in the global AI race, India’s tech titans are not competing to invent foundational AI, they are positioning themselves to become premier integrators of it.
The shift from general digital transformation to a specific AI focus is captured in the very titles of their annual reports. TCS frames its strategy within “The Perpetually Adaptive Enterprise,” driven by a stated “AI-First approach.”
Infosys takes an even more direct path with its theme, “AI Your Enterprise,” while Wipro focuses on its role as an enabler in “Helping Clients Build AI-Powered Future-Ready Businesses.”
Tech Mahindra joins this chorus with “AI Delivered Right.”
The IT firms are laying a greater focus on investing in human capital and upskilling their workforce.
TCS has reported that over 1 lakh of its employees have acquired “higher order skills in AI/ML and GenAI, while Infosys has said that over 2.70 lakh of its employees are now “AI-Aware”.
Similar trends are observed in Wipro and Tech Mahindra as well.
“The advent of AI with all its possibilities and potential creates another arc of uncertainty. As enterprises look at applying AI to every aspect of the business, some long-standing challenges will become imperative and self-evident to firms,” Infosys Chairman Nandan Nilekani said.
The need to modernise legacy systems and create a data architecture so that all the firm’s data is consumable by AI, in a holistic manner, can no longer be put off, he said and urged enterprises to have an AI foundry and an AI factory to fuel innovation as well as scale.
“Let us think of AI as a gifted child prodigy born and brought up in a library. It has access to all the knowledge in the world. It absorbs everything — information, fact, fiction, truth, untruth, every pattern of human behaviour. Used well, it can create extraordinary value, particularly for businesses like TechM,” Mahindra Group Chairman Anand G Mahindra said.
The global AI market is projected to skyrocket, reaching an estimated USD 1.3 trillion over the next decade, according to industry estimates.
The IT firms are not building their own large language models (LLMs) to compete with OpenAI or Google. Instead, they are deepening partnerships with hyperscalers (Microsoft, Google, AWS) and chipmakers (Nvidia) to access the latest models and infrastructure.
Firms are creating dedicated spaces for co-innovation, TCS is establishing AI Centres of Excellence and AI Labs, while Infosys is building its AI foundry, allowing clients to experiment with AI in a controlled environment.
Their bet is that as AI becomes a utility, the most enduring value will be captured not by those who create it, but by those who can expertly wire it into every corner of the enterprise.
India’s largest IT services company TCS believes that generative artificial intelligence (AI) is not just another tech cycle but a “civilisational shift” which will positively benefit every industry.
Tata Sons chairman N Chandrasekaran, who also chairs the TCS board, said the USD 30 billion IT services company will create a “large pool” of AI agents to work alongside humans and deliver solutions in a “human AI” model in the future.
Wipro announced realignment within its Global Business Lines (GBLs) to better align with the changing needs of clients and to capitalise on opportunities in AI, cloud computing, and digital transformation.
“This evolution of our business lines will enable us to further sharpen our focus towards client needs with consulting-led and AI-powered solutions. This realignment will allow us to serve our clients better, enabling us to deliver tailored, high-impact transformation,” Wipro CEO and MD Srini Pallia had said.
-
Cryptocurrency1 week ago
Robinhood Lists HYPE As Hyperliquid Flips Aster, Lighter In Perp DEX Volume – Crypto News
-
Metaverse1 week agoTech layoffs: From Meta, Amazon to Google — these IT majors have cut AI related jobs – Crypto News
-
Cryptocurrency1 week ago
XRP News: Ripple Unveils ‘Ripple Prime’ After Closing $1.25B Hidden Road Deal – Crypto News
-
Blockchain1 week agoAfrica Countries Pass Crypto Laws to Attract Industry – Crypto News
-
Business1 week ago
Peter Schiff Challenges Binance Founder CZ to Debate as Bitcoin Vs. Gold Rivalry Heats Up – Crypto News
-
De-fi1 week agoAster Rallies on ‘Rocket Launch’ Incentives Campaign – Crypto News
-
Cryptocurrency1 week agoTrump plans to pick Michael Selig to lead CFTC: Report – Crypto News
-
Blockchain1 week agoISM Data Hints Bitcoin Cycle Could Last Longer Than Usual – Crypto News
-
others7 days ago
JPY soft and underperforming G10 in quiet trade – Scotiabank – Crypto News
-
De-fi6 days agoNearly Half of US Retail Crypto Holders Haven’t Earned Yield: MoreMarkets – Crypto News
-
Technology1 week ago‘It just freezes’: Spotify users fume over app crashes on Android devices, company responds – Crypto News
-
Cryptocurrency1 week agoDOGE to $0.33 in Sight? Dogecoin Must Defend This Key Level First – Crypto News
-
Cryptocurrency1 week agoWhat next for Avantis price after the 73% recovery? – Crypto News
-
Technology1 week agoNothing OS 4.0 Beta introduces pre-installed apps to Phone (3a) series: Co-founder Akis Evangelidis explains the update – Crypto News
-
Blockchain7 days agoEthereum Rebounds From Bull Market Support: Can It Conquer The ‘Golden Pocket’ Next? – Crypto News
-
Blockchain6 days agoXRP Price Gains Traction — Buyers Pile In Ahead Of Key Technical Breakout – Crypto News
-
Technology4 days agoSam Altman says OpenAI is developing a ‘legitimate AI researcher’ by 2028 that can discover new science on its own – Crypto News
-
Technology1 week agoYouTube brings a new feature to stop you from endlessly scrolling Shorts: here’s how it works – Crypto News
-
Technology1 week agoUniswap Foundation (UNI) awards Brevis $9M grant to accelerate V4 adoption – Crypto News
-
Technology1 week agoFrom Studio smoke to golden hour: How to create stunning AI portraits with Google Gemini – 16 viral prompts – Crypto News
-
Blockchain1 week agoBinance Stablecoin Outflow On A Steady Rise — What This Means For The Market – Crypto News
-
De-fi7 days agoHYPE Jumps 10% as Robinhood Announces Spot Listing – Crypto News
-
others7 days ago
Platinum price recovers from setback – Commerzbank – Crypto News
-
Cryptocurrency6 days agoWestern Union eyes stablecoin rails in pursuit of a ‘super app’ vision – Crypto News
-
Metaverse1 week agoBezos fund believes AI can save the planet. Nvidia, Google are all-in. – Crypto News
-
Cryptocurrency1 week agoCrypto update: Bitcoin and Ethereum are stable as market’s focus shifts to US inflation data – Crypto News
-
De-fi1 week agoSolana DEX Meteora Launches Native MET Token – Crypto News
-
Technology1 week agoGoogle and Apple face extra UK scrutiny over strategic role in mobile platforms – Crypto News
-
Business1 week ago
White House Crypto Czar Backs Michael Selig as ‘Excellent Choice’ To Lead CFTC – Crypto News
-
others1 week ago
JPY weak and underperforming – Scotiabank – Crypto News
-
Business1 week ago
Breaking: Trump To Meet China’s President On October 30, Bitcoin Bounces – Crypto News
-
Cryptocurrency6 days agoUSDJPY Forecast: The Dollar’s Winning Streak Why New Highs Could Be At Hand – Crypto News
-
Cryptocurrency1 week agoLedger Nano Gen5 feels like Flex for less – Crypto News
-
Cryptocurrency1 week agoFetch.ai and Ocean Protocol move toward resolving $120M FET dispute – Crypto News
-
Metaverse1 week agoGemini in Gmail automates meeting schedules effortlessly – Crypto News
-
Blockchain7 days agoEntire Startup Lifecycle to Move Onchain – Crypto News
-
Cryptocurrency7 days agoNEAR’s inflation reduction vote fails pass threshold, but it may still be implemented – Crypto News
-
Blockchain6 days agoXRP/BTC Retests 6-Year Breakout Trendline, Analyst Calls For Decoupling – Crypto News
-
others6 days ago
Indian Court Declares XRP as Property in WazirX Hack Case – Crypto News
-
Technology6 days agoSurvival instinct? New study says some leading AI models won’t let themselves be shut down – Crypto News
-
others6 days ago
Is Changpeng “CZ” Zhao Returning To Binance? Probably Not – Crypto News
-
Technology1 week agoSolana’s RWA market surpasses $700M all-time high as adoption accelerates – Crypto News
-
Cryptocurrency1 week agoJito’s JTO token rises on a16z’s $50 million investment in Solana staking protocol – Crypto News
-
Technology1 week ago
Dogecoin Price Crash Looms as Flag, Death Cross, Falling DOGE ETF Inflows Coincide – Crypto News
-
Blockchain1 week agoBitcoin Whale From 2009 Moves Coins After 14 Years Asleep – Crypto News
-
Technology1 week agoOpenAI announces major Sora update: Editing, trending cameos, and Android launch on the way – Crypto News
-
Business1 week ago
HBAR Price Targets 50% Jump as Hedera Unleashes Massive Staking Move – Crypto News
-
Business1 week ago
PEPE Coin Price Prediction as Weekly Outflows Hit $17M – Is Rebound Ahead? – Crypto News
-
Cryptocurrency1 week agoHYPE Breaks Out After Robinhood Listing and S-1 Filing: What’s Next? – Crypto News
-
Technology1 week ago
Analyst Eyes Key Support Retest Before a Rebound for Ethereum Price Amid $93M ETF Outflows and BlackRock Dump – Crypto News
