Al Inside: Tech Eases Work For IT Firms
Business Standard|April 29, 2024
It simplifies and automates routine tasks and helps employees to focus on the big picture
SHIVANI SHINDE
Al Inside: Tech Eases Work For IT Firms

When Satya Nadella, the chief executive officer of Microsoft, visited India early this year he spoke about how the country's information technology (IT) companies were driving artificial intelligence (AI) and customising it for their use.

Nadella said Infosys, HCLTech and LTIMindtree were among companies that had been the first movers in adopting Copilot, Microsoft's AIbased conversational chat interface, for customers and themselves.

Considering Indian IT companies are deploying AI and generative AI (GenAI) for hundreds and thousands of global enterprises, how they do it for themselves is of significance.

Mohammed Rafee Tarafdar, chief technology officer (CTO) of Infosys, said his company is leveraging AI to "reimagine work, workplace and workforce", with a focus on using the technology to amplify human potential.

"We have been continuously implementing and rolling out AI within key processes over the last 12 months. For example the generative AI-led learning processes in our learning platform Lex have been rolled out to all our employees and we are seeing active adoption. We have rolled out a knowledge assistant, InfyMe NAVI, for all (company) leaders to help drive productivity in the sales process," said Tarafdar.

Modernisation tool

Infosys is using AI assistants to help productivity in software engineering, modernisation and migration.

Tarafdar said the impact of such assistants is evident. "Using assistants our developers have generated three million lines of meaningful code. With the usage of classical AI and GenAI, we have seen that some processes that used to take weeks can now be done in days."

Like their clients, Tata Consultancy Services (TCS), Wipro, IBM, LTIMindtree and other firms have adopted AI across processes such as human resource (HR) management, automating IT infrastructure, and even sales.

Denne historien er fra April 29, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra April 29, 2024-utgaven av Business Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA BUSINESS STANDARDSe alt
A life that lives beyond
Business Standard

A life that lives beyond

The passing of Ratan Tata marks the loss of not only an iconic leader but also a global visionary whose influence extended far beyond business.

time-read
2 mins  |
October 11, 2024
Business Standard

Ratan Tata: The unlikely social media star

On Monday, Ratan Tata posted on social media: \"Thank you for thinking of me,\" debunking rumours about his health. Just two days later, on Wednesday, the former Tata Group chairman passed away in a Mumbai hospital at the age of 86.

time-read
1 min  |
October 11, 2024
Business Standard

Paytm appears poised for rebound

While Paytm (One97 Communications) is not completely past regulatory hurdles, its share price has gained in the last month or two. The Paytm handle migration is complete along with FDI clearance necessary for the Payment Aggregator (PA) license.

time-read
2 mins  |
October 11, 2024
Love-all, RAFA
Business Standard

Love-all, RAFA

'KING OF CLAY' TO SIGN OFF FROM PROFESSIONAL TENNIS BY THE END OF THIS SEASON

time-read
3 mins  |
October 11, 2024
Business Standard

Aman for startups

Ratan Tata was known as much for his business acumen as for his philanthropy. However, a lesser-known fact was his stellar track record when it came to startup investment.

time-read
1 min  |
October 11, 2024
RBI's inflation caution may halt FMCG rally
Business Standard

RBI's inflation caution may halt FMCG rally

Analysts suggest buying quality stocks on dips for long term

time-read
3 mins  |
October 11, 2024
Indices close marginally higher
Business Standard

Indices close marginally higher

Equity benchmark indices Sensex and Nifty settled higher on Thursday due to gains in banking, power, and industrial stocks amid a firm trend in global markets.

time-read
1 min  |
October 11, 2024
Business Standard

Oil gains after 2-day decline

Oil rose after a two-day decline as traders watched for an Israeli response to Iran's missile attack early last week, while US crude stockpiles expanded the most since April.

time-read
1 min  |
October 11, 2024
Pro-rata distribution mandate for AIFs likely to see tweaks
Business Standard

Pro-rata distribution mandate for AIFs likely to see tweaks

Final norms to ensure excuse, exclude provisions co-exist

time-read
2 mins  |
October 11, 2024
Bernstein downgrades Indian stocks on valuation concerns
Business Standard

Bernstein downgrades Indian stocks on valuation concerns

Bernstein Societe Generale Group's Asia quant strategists have downgraded Indian stocks due to valuations, while predicting further upside for Chinese equities on a policy boost.

time-read
1 min  |
October 11, 2024