Rather, this quarter many avoided even giving the number of proof-of-concepts (POCS) they are working on.
Salil Parekh, chief executive officer (CEO) and managing director (MD), Infosys, in the media briefing, said: "We are not sharing externally the value in terms of revenue or of the deals ... our Generative AI approach is leading in the market." Peter Bendor-Samuel, CEO, Everest, a research firm, said there was a long curve before GenAI started generating money.
"With 85-90 percent of all pilots not making it to production and large enterprises failing to see significant productivity gains in most of the use cases where they have adopted co-pilot and similar GenAI, we believe that the long-forecasted boom from GenAI is not imminent and probably will not materialize in the foreseeable future," he told Business Standard on email.
Accenture said its GenAI-led deal pipeline had touched $2 billion, from which it had earned $500 million. This is 1 percent of the company's revenue.
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