GenAI may generate 20-40% productivity gains, no risk to tech spends | LTIMindtree passing on AI productivity gains to clients to bag more business
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ETCIO Newsletter | Tuesday, January 21, 2025

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GenAI may generate 20-40% productivity gains, no risk to tech spends: Axis capital report
Generative AI (GenAI) is projected to deliver savings of 20-40% in the software development lifecycle, with those savings being reinvested into further tech innovations. Axis Capital's report highlights that such efficiencies will neither reduce tech spending nor hinder developmental progress, as pr...  read more...
LTIMindtree passing on AI productivity gains to clients to bag more business: CEO
"AI is becoming real or rather has become real. We are proactively going and talking to our clients on how we can offer the benefits to them," said Debashis Chatterjee, chief executive officer and managing director at LTIMindtree  read more...
Union budget 2025: Industry pins high hopes on AI, tech, sustainability to propel India's digital future
Emphasis on Geographic Information Systems, cybersecurity infrastructure, and sustainable innovation reflects a vision to balance technological advancement with ecological and societal responsibilities.  read more...
Infosys, HCLTech report hiring growth in Q3; TCS, Wipro see decline
Are India's top IT firms navigating a hiring slowdown or gearing up for growth? While Q3FY25 saw mixed trends, key players like TCS, Infosys, and Wipro reveal cautious optimism for the future.  read more...
AI drives change across industries
Artificial Intelligence (AI) is changing how industries operate by improving efficiency and decision-making. From manufacturing and finance to healthcare and defense, AI applications are being adopted on a large scale.  read more...
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