Infosys, one of India’s largest software services exporters, has secured a significant $1.5 billion deal with an undisclosed global partner. The contract, which will span 15 years, was announced in a filing with the exchange. Infosys will utilize its proprietary platforms and artificial intelligence (AI) solutions to deliver advanced digital experiences and business operation services as part of the agreement.
Meanwhile, SAP Labs India, a subsidiary of German software corporation SAP, has revealed plans to double its artificial intelligence (AI) talent base in the country by 2024. This move aims to equip SAP’s portfolio with AI capabilities that can cater to the evolving demands of the business landscape.
In another development, Amazon Web Services (AWS) India has received the cloud service provider (CSP) empanelment from the Ministry of Electronic and Information Technology (MeitY). This recognition allows AWS to provide cloud services using the AWS Asia Pacific (Hyderabad) Region, making it the second AWS Asia Pacific region in India to receive this certification.
Apple held its much-anticipated Apple Event 2023, where it unveiled several new products. The iPhone 15 series, Apple Watch Series 9, and Apple Watch Ultra 2 were among the highlights. Notably, Apple announced its transition to USB-C for the iPhone. Additionally, it was reported that Apple would be selling made-in-India iPhone 15 models; however, these devices would be priced higher in India compared to the United States.
Salesforce has introduced a significant update to its AI suite, Einstein. The new addition, called Einstein Copilot, is a generative AI conversational assistant integrated directly into Salesforce’s CRM and supported applications. Salesforce also announced partnerships with Google and HCLTech.
Furthermore, Ernst and Young (EY), a global consulting firm, has launched EY.ai, a new artificial intelligence platform. Leveraging EY’s technology platform, the solution combines expertise in strategy, transactions, transformation, and risk assurance. Initially piloted with 4,200 team members, EY.ai EYQ, a large language model, will be released, along with AI learning and development programs.
These recent developments in the tech industry reflect the growing importance of artificial intelligence and advanced digital solutions. Companies like Infosys, SAP, AWS, Apple, Salesforce, and EY are leveraging AI capabilities to enhance their offerings and cater to the evolving needs of businesses and consumers. Such advancements are shaping the future of the tech industry and driving innovation across various sectors.
