Index Investing News
Sunday, March 29, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

TCS is ready with 10 AI use cases for internal deployment: Milind Lakkad

by Index Investing News
January 14, 2024
in Financial
Reading Time: 4 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter


Even as IT major, Tata Consultancy Services, is set to deploy Generative AI for its clients, it has developed at least 10 use cases, for talent acquisition and development.

Milind Lakkad, Chief Human Resource Officer at TCS, told businessline, “We actually have developed a number of use cases (in Gen AI). We are just going through our security approvals to just make sure that we can do that, whether it is in talent development or talent acquisition. Even compliance is a good area which we need to look at. So, all these things we will definitely internalise. But I think right now, close to less than 10 used cases are basically already in place, but still not operationalised.” 

On GenAI

Generative AI is the frontier which has taken the IT world by the storm. At the press conference for Q3FY24 results, the TCS management added that 4 of TCS’ projects have evolved from the proof-of-concept stage to actual implementation for their clientele. As AI becomes the investor buzzwork and more entities seek to make it part of their digital transformation plans, this technology is taking off for every possible use case. Lakkad believes it has a place in HR practices too. 

Generative AI is also reducing the need for the run-in-the-mill engineer. Reliance on using AI to generate code could potentially reduce the need for engineers writing everyday code. At a time when IT firms have reduced hiring significantly, Lakkad reassured that such technologies would not necessarily have a tangible impact on the number of jobs as “Gen AI, it will only change the nature of work. It will change the role of a developer to some extent. But that does not mean that I will have a volume issue. There will be a lot more… different kinds of new roles will also come in, in the process.”

Full stack skills

However, Lakkad advises the outgoing class of engineers to develop full stack skills. “You also basically need to have full stack skills. You cannot say that I am a developer, I am a tester, I do these things. You just have to have full stack development. Those skills have also changed. With AI coming in, it will also be another step change that will happen, because what will be done by you, how is this complete software development life cycle reimagined in the context of AI,” he added. Understanding what use cases these new technologies can be deployed into will be another skill that will need to be prioritised by the outgoing class of engineers. 

This is the third consecutive quarter that IT firms such as TCS, Infosys and Wipro have reduced their total headcount, which is in contravention to the usual trend of these large IT firms to increase their ranks. Even as Lakkad assures that TCS has not stopped hiring, “there a certain volume of engineers required to run a company of this scale,” he tells students looking at a market with lesser jobs to not lose heart and use this time to learn.

SHARE

  • Copy link
  • Email
  • Facebook
  • Twitter
  • Telegram
  • LinkedIn
  • WhatsApp
  • Reddit

Published on January 15, 2024





Source link

Tags: casesdeploymentinternalLakkadMilindreadyTCS
ShareTweetShareShare
Previous Post

Chile’s SQM suspends operations at lithium salt flats due to blockades By Reuters

Next Post

S&P 500: Conditions For A Top – Week Starting 15th January (Technical Analysis) (SP500)

Related Posts

Crude Check: Volatile But Firm

Crude Check: Volatile But Firm

by Index Investing News
March 28, 2026
0

Crude oil prices saw considerable volatility last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($105.30/barrel) was down 6.1...

Dow, S&P 500, Nasdaq wobble after rally as Iran war drags on

Dow, S&P 500, Nasdaq wobble after rally as Iran war drags on

by Index Investing News
March 24, 2026
0

The war in Iran is “incomparable” with any past oil shock in both its scale and its wide-ranging impact on...

Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per order

Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per order

by Index Investing News
March 20, 2026
0

Eternal shares on Friday rose 3% from the day's low of Rs 230.10 on the NSE to scale the day's...

The ocean’s original chart-topper: scientists discover the oldest whale song recorded, from 1949

The ocean’s original chart-topper: scientists discover the oldest whale song recorded, from 1949

by Index Investing News
March 16, 2026
0

A haunting whale song discovered on decades-old audio equipment could open up a new understanding of how the huge animals communicate, according...

Israeli F-35 downs Iranian fighter jet in historic dogfight

Israeli F-35 downs Iranian fighter jet in historic dogfight

by Index Investing News
March 4, 2026
0

The IDF Spokesperson announced Wednesday morning that there had been an historic event in the skies over Tehran. An...

Next Post
S&P 500: Conditions For A Top – Week Starting 15th January (Technical Analysis) (SP500)

S&P 500: Conditions For A Top - Week Starting 15th January (Technical Analysis) (SP500)

Google layoffs expected in Tel Aviv and Haifa

Google layoffs expected in Tel Aviv and Haifa

RECOMMENDED

PSP Projects Q2 Results Review

PSP Projects Q2 Results Review

October 19, 2022
SkyWest Stock: Drastically Undervalued (NASDAQ:SKYW)

SkyWest Stock: Drastically Undervalued (NASDAQ:SKYW)

November 6, 2022
ASEAN, China, Japan, and South Korea Stand Towards Trump’s Protectionism

ASEAN, China, Japan, and South Korea Stand Towards Trump’s Protectionism

May 11, 2025
Migrant boat capsizes off Lebanon; 45 saved, no less than 1 useless

Migrant boat capsizes off Lebanon; 45 saved, no less than 1 useless

April 23, 2022
‘Shivers’ Brings Pervy Thrills and Murder to Our Pick of the Week

‘Shivers’ Brings Pervy Thrills and Murder to Our Pick of the Week

March 9, 2024
Carmakers fined over €550mn for European recycling cartel

Carmakers fined over €550mn for European recycling cartel

April 1, 2025
Thermax Arm Acquired Order Value Rs 516 Crore.

Thermax Arm Acquired Order Value Rs 516 Crore.

September 14, 2024
OpenAI counters Musk’s lawsuit by highlighting his previous revenue advocacy

OpenAI counters Musk’s lawsuit by highlighting his previous revenue advocacy

December 14, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In