Indias TCS forms AI-focused unit and calls insider Kapur as head, Memo of the company shows

By Sai Ishwarbharath B Bengaluru (Reuters) -India’s largest IT firm Tata Consultancy Services formed a new unit for artificial intelligence -based operations on Tuesday and named the insider AMIT KAPUR as its chief, a memo of the company seen by Reuters. The new AI and Services Transformation Unit will house all the existing capabilities of the business in the technology with the aim of deepening its focus on AI domain solutions and accelerating innovation, the memo says. TCS’s formation of the new unit comes a month after the Bellether Sector announced plans to cut 12,000 jobs, with the flare -up of signals that India’s outcome of $ 283 billion more dismissal can see as the use of AI deepens. Indian IT businesses are chasing and offering more AI products to attract customer spending, which has been suppressed for many quarters due to global macroeconomic uncertainties. “Over the past few years, TCS has made a big lead on the AI ​​front by scaling down our capabilities, combating our workforce and deepening our partnerships,” the company said in the memo. Kapur, who has been with the firm for two decades, is taking on the September unit. He last led to the head of TCS’s British and Ireland business. The company did not immediately respond to Reuters’ request for commenting on the confirmation of Kapur’s appointment and formation of the unit. TCS is the first among Indian IT businesses that devote a business offer exclusively to AI and Allied Technologies, and follows a similar step by US rival accenture in June. “IT firms have begun to think that AI-led transformation is now their only major leverage to accelerate growth in the midst of clumsy macros,” says Pareeekh Jain, founder of IT research firm Eiir Trend. “The change is also a reflection of more AI-focused clients.” (Write by Hritam Mukherjee; Editing by Sonia Ceema and Leroy Leo)