GenAI

News and Trends

BUSINESSNEXT Unveils GenAI and Agentic AI Solutions to Transform Lending for Banks and NBFCs

The virtual assistants can evaluate loan eligibility, perform fraud checks, automate document verification, and offer personalised financial advice, thereby significantly reducing delays and errors in the loan lifecycle.

News and Trends

Majority of Enterprises have Dedicated AI Budgets with 62% Experimenting with Agentic AI: Nasscom

Nearly 62 per cent of global enterprises are currently experimenting with such AI agents, ranging from proof-of-concepts to scaled pilots.

News and Trends

Agentic AI Integration to Accelerate this Year Among Gen AI Early Adopters: Capgemini Report

79 per cent of the surveyed Indian executives revealed that their investment in GenAI has increased compared to last year, as compared to 62 per cent of the global executives.

News and Trends

C-Suite Misaligned on Business Goals and Operational Readiness for GenAI: NTT Data

99 per cent of the C-Suite executives surveyed are planning further GenAI investments over the next two years, with 67 per cent of CEOs planning significant commitments.

Business Solutions

How AI Can Act as a Force Multiplier for European SMBs

Business leaders leaders expect to see artificial intelligence finally deliver on its promise to boost growth by driving efficiency and productivity.

News and Trends

Cognizant Retains Full-Year Guidance at 3.5-6%, Q1 Profit up 21.4%

Cognizant now has approximately 1,400 early GenAI engagements compared to 1,200 at the end of the fourth quarter.

Technology

GenAI to Drive 43% of AI Spend in India by 2025: Lenovo Study

Despite the increasing spends, AI adoption in India remains in its early stage with 49 per cent of organizations either evaluating or planning to implement AI in the next 12 months.

News and Trends

Gen AI and Related Skills See Highest Growth at 32% in Indian GCCs: Report

By 2030, India's GCC market is projected to grow to USD 99-105 billion, with a workforce exceeding 2.4 million professionals.

News and Trends

India Rides the Agentic AI Wave with Over 80% of Businesses Exploring its Potential: Deloitte Report

70 per cent of firms indicated a strong desire to use GenAI for automation, highlighting the increasing adoption of AI-powered autonomous systems across industries.

News and Trends

How GenAI Is Transforming Indian Enterprises—From Assistants to Infrastructure

India's GenAI startup base has grown 3.6X from H1 CY2023 to H1 CY2024, spanning across infrastructure, applications, also more than 17 Indic and vertical models have been launched, there's been a 4X rise in GenAI assistants, and GenAI service startups have surged by 4.6X

Leadership

3 Costly Mistakes Companies Make When Using Gen AI

Gen AI isn't like other technology, so it's easy to miss the real risks of deploying it across your content. Understand three potential blindspots so you can sidestep the risks of gen AI and maximize the rewards.

Technology

Infosys Aims to Boost Enterprise AI Innovation, Expands Ties with Google Cloud

Leveraging Infosys Topaz and Google Cloud technology, the center of excellence will foster co-innovation to deliver transformative AI-powered solutions.

Technology

Automation Anywhere Bullish on India and GenAI is a Big Tailwind: Ankur Kothari

The company has about 1,600 employees globally, out of which nearly 800 are based out of the India. Most of the company's R&D and product engineering talent sits out of its Bengaluru office.

Growing a Business

Know Your Customers Better: How GenAI Can Drive Europe's SaaS Marketing

Do you ever feel that your SaaS product speaks a different language than your customers? Here are two strategies that can improve your chances of increasing conversions.

News and Trends

India Solidifies Itself as a Global Leader in GenAI Startups

India has demonstrated remarkable growth in innovation, funding, and talent development