Index Investing News
Monday, May 18, 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

TDV: Technology Dashboard For May (BATS:TDV)

TDV: Technology Dashboard For May (BATS:TDV)

by Index Investing News
May 15, 2026
0

This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...

Microsoft Israel chief leaves amid ethical controversy

Microsoft Israel chief leaves amid ethical controversy

by Index Investing News
May 11, 2026
0

Last week Microsoft Israel, the local marketing and sales office of the US software giant, announced the departure of...

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

by Index Investing News
May 7, 2026
0

Mohit Malhotra, Global CEO, Dabur India Dabur India posted a consolidated net profit of ₹362 crore in the March quarter,...

A .5 Billion Contract Isn’t Enough Without Profits

A $7.5 Billion Contract Isn’t Enough Without Profits

by Index Investing News
May 3, 2026
0

Quick Read Jim Cramer said no to Applied Digital (APLD) despite its $7.5 billion CoreWeave contract, arguing the company is...

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

by Index Investing News
April 29, 2026
0

Kevin Warsh, U.S. President Donald Trump's pick to lead the Federal Reserve, cleared a key procedural hurdle on Wednesday, opening...

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

In China’s property crisis, global asset managers see opportunity in rental housing By Reuters

In China’s property crisis, global asset managers see opportunity in rental housing By Reuters

November 16, 2022
Players who have scored the winning World Cup final goal

Players who have scored the winning World Cup final goal

December 18, 2022
‘The Triangle of Unhappiness’ Wins Palme d’Or at Cannes

‘The Triangle of Unhappiness’ Wins Palme d’Or at Cannes

May 29, 2022
All Access’ Greenlighted By TBS, Wrestling Documentary Is Its First New Unscripted Series For 2023   – Deadline

All Access’ Greenlighted By TBS, Wrestling Documentary Is Its First New Unscripted Series For 2023 – Deadline

February 23, 2023
LBLOCK V1 Witnessing Significant Tailwind

LBLOCK V1 Witnessing Significant Tailwind

October 15, 2022
Catalyst Pharmaceuticals: Until TEVA ANDA Is Resolved, There Is A Risk

Catalyst Pharmaceuticals: Until TEVA ANDA Is Resolved, There Is A Risk

January 17, 2024
What’s the potential influence of U.S. Android Play Retailer treatments By Investing.com

What’s the potential influence of U.S. Android Play Retailer treatments By Investing.com

October 27, 2024
Circle Cuts Ties with USDC Token Support on Tron

Circle Cuts Ties with USDC Token Support on Tron

February 21, 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