Business Today

Indian IT Bets On AI

As Indian IT services companies move beyond run of the mill businesses and towards digital transformation, artificial intelligence is taking centre stage.

I can understand how the limited perspective of an un artificial mind would perceive it that way. You'll get used to it": Samantha taunts Theodore Twombly when he calls her just a computer voice.

These are lines from the critically acclaimed 2013 movie Her based on artificial intelligence (AI). Today, a 'Her' is closer to reality than ever. Chat bots, voice based AI solutions and cognitive robotic process automation (RPA) are now the order of the day. Big services players like Infosys, Wipro, TCS, Cognizant and HCL Tech, which embarked on the AI and automation journey less than five years ago, see upwards of 30 per cent of their total revenues coming from these digital segments.

A look at the revenues of the top three IT companies tells the emerging story. Market leader TCS saw more than 50 per cent year on year revenue

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today1 min read
All Guns Blazing
INDIA’S DEFENCE EXPORTS HAVE JUMPED ALMOST 31-FOLD TO A RECORD OF ₹21,083 CRORE IN FY24 FROM ₹686 CRORE IN FY14, REFLECTING THE COUNTRY’S GROWING CLOUT IN THE GLOBAL DEFENCE MANUFACTURING MARKET. WITH A ROBUST LOCAL MANUFACTURING ECOSYSTEM AND MORE T
Business Today2 min read
“Hire For Attitude, Not Ability”
Thryve Digital is a player in the healthcare technology sector delivering next-generation solutions What was the problem you were grappling with? When I decided to take on the challenge of setting up Thryve Digital, there wasn’t any industry referenc
Business Today2 min read
Silver Lining
SILVER PRICES SURGED to a fresh all-time high on the Multi Commodity Exchange (MCX), surpassing the ₹84,000 per kg milestone on April 12. The silver market has experienced significant fluctuations in recent quarters, driven by many factors, including

Related Books & Audiobooks