Index Investing News
Saturday, April 25, 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

Scientists are burning homes to protect them in wildfires: ‘We crash test houses’

Scientists are burning homes to protect them in wildfires: ‘We crash test houses’

by Index Investing News
April 21, 2026
0

It took less than three minutes for wind-whipped flames to go from licking the side of the house to shattering a window...

Morocco stocks lower at close of trade; Moroccan All Shares down 0.22% By Investing.com

Morocco stocks lower at close of trade; Moroccan All Shares down 0.22% By Investing.com

by Index Investing News
April 9, 2026
0

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the , and sectors led shares...

UnitedHealth: Why It’s Still Not Too Late To Buy The Turnaround (NYSE:UNH)

UnitedHealth: Why It’s Still Not Too Late To Buy The Turnaround (NYSE:UNH)

by Index Investing News
April 5, 2026
0

This article was written byFollowJR Research is an opportunistic investor. I was recognized by TipRanks as a Top Analyst, and...

Emerging Market Stock Valuations

Emerging Market Stock Valuations

by Index Investing News
April 13, 2026
0

The Map is not the Terrain… https://theideafarm.com/markets/emerging-markets-the-map-is-not-the-terrain/ And also from a recent podcast with La Roche here is Gundlach “”My...

Recommerce and Sustainability: How B-Stock Is Closing the Loop

Recommerce and Sustainability: How B-Stock Is Closing the Loop

by Index Investing News
April 17, 2026
0

Every April, Earth Month serves as a reminder that sustainability isn’t a trend: it’s an imperative. For retailers and brands...

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

Both Evicted Houseguests Storm Out

Both Evicted Houseguests Storm Out

September 9, 2022
Uber, Chipotle, Microsoft and more

Uber, Chipotle, Microsoft and more

February 8, 2023
FDI equity flows into India declined 34% to .94 bn in April-June 2023

FDI equity flows into India declined 34% to $10.94 bn in April-June 2023

August 27, 2023
US Companies Rush IPO Filings Amid Looming Government Shutdown By Investing.com

US Companies Rush IPO Filings Amid Looming Government Shutdown By Investing.com

October 17, 2023
Salesforce: Huge Rally And More Likely To Come (NYSE:CRM)

Salesforce: Huge Rally And More Likely To Come (NYSE:CRM)

June 27, 2023
Luton Town vs Tottenham LIVE: Premier League latest score, goals and updates

Luton Town vs Tottenham LIVE: Premier League latest score, goals and updates

October 7, 2023
Treasury Wine Estates Shares Rise on Hopes of Australian Wine Tariff Removal in China By Investing.com

Treasury Wine Estates Shares Rise on Hopes of Australian Wine Tariff Removal in China By Investing.com

October 23, 2023
Eddie Howe staying grounded after Newcastle’s ‘amazing night’ against PSG

Eddie Howe staying grounded after Newcastle’s ‘amazing night’ against PSG

October 4, 2023
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