AI ML CAPABILITIES
Is AI enough for a job at GCC? Companies now train freshers for real-world experience Aspirational graduates in healthcare technology fuel innovation with a focus on evolving healthcare solutions. Freshers receive in-depth exposure through apprenticeship models, fostering understanding of long-term career paths beyond immediate proje...
29 Jun, 2024, 01.03 PM ISTTo address talent shortage, chipmakers skilling engineering students Firms like Intel India, AMD, Applied Materials and Tessolve are teaming up students and employees to work on real-life projects, establishing labs in institutes like IIT-Bombay, driving industry-academia partnerships to conduct research in core desi...
20 Jun, 2024, 07.12 AM ISTAI jobs command premium pay as companies fill specialised roles Experts and staffing firms told ET that qualified AI professionals in India are raking in serious cash. Compared to traditional IT roles, AI specialists can command a salary premium of up to 40-80%. The demand for AI talent is exploding as companies...
18 Jun, 2024, 09.10 AM IST- ADVERTISEMENT
GCC’s share in GDP to double by 2030 with a size of $100 billion The share of global capability centres (GCCs) in India’s GDP is expected to double to 2% by 2030, according to a note shared by ICICI Securities. These offshore units of multinational companies collectively generate about $46 billion in revenue, whi...
11 Jun, 2024, 06.00 AM ISTStrategic acquisition of mid-level talent is pivotal for D2C companies to grow in this market The D2C market in India is experiencing significant growth, driven by a surge in consumer numbers and a diversification of offerings. AI and automation are playing a crucial role in revolutionizing operations, while the impact of the Open Network fo...
02 Jun, 2024, 12.59 PM ISTIndian Airlines ride AI: Human-like responses for passengers, lesser workload for agents Artificial intelligence is transforming the Indian aviation industry, enhancing customer service and operational efficiency for airlines like Air India, IndiGo, and Akasa Air. From AI virtual agents handling diverse queries to AI chatbots with trill...
02 Jun, 2024, 12.10 PM ISTThat’s not funny: Why AI doesn’t get the joke Despite the advances in technology, artificial intelligence has not grown a sense of humour. That is no laughing matter.
01 Jun, 2024, 10.08 AM ISTBuild your superstructure As generative AI continues to evolve, the debate over its development and release models becomes important. Across the foundation models driving the explosion of GenAI are two broad philosophies for the development and release of this tech: open- an...
01 Jun, 2024, 12.26 AM ISTGCCs open multiple career opportunities for freshers India's economy has experienced significant growth due to the establishment of global capability centres (GCCs), which benefit from the country's skilled workforce, low operational costs, and digitisation. These offshore units, set up by multination...
30 May, 2024, 09.57 AM ISTHow Jocata is helping financial services industry move from legacy systems to AI-powered solutions Jocata’s low-code platform is driving the future of enterprise lending and embedded finance, says Prashant Muddu, Managing Director & CEO.
28 May, 2024, 11.17 AM ISTAurum Analytica: Transforming real estate with Data Science and AI Aurum Analytica, a data analytics firm in real estate, uses data science and AI. CEO Prakash Tejwani and co-founders Sahil and Vishal discuss the company's mission and growth.
24 May, 2024, 05.36 PM ISTSenior-level IT services hiring in 2024 focuses on new-age skills IT services and global market conditions impact senior-level hiring with pay hikes expected. Roles in finance, consulting, and program management are in demand. Companies hiring for roles like chief AI officer, delivery head-AI, and CFOs. Skills in ...
20 May, 2024, 06.06 PM ISTBest AI tokens to invest in 2024: Newly emerging AI tokens Investment manager VanEck predicts revenue from these projects could reach $10.2 billion by 2030 – and a staggering $51 billion in a best-case scenario.
08 May, 2024, 11.15 AM ISTFinancial Intelligence Unit arms itself with AI, ML tools to check money laundering India's FIU enhances anti-money laundering efforts with AI-powered FINnet 2.0. The system analyzes suspicious transaction reports, assigns risk scores, and collaborates with various enforcement agencies using advanced technologies for efficient fina...
05 May, 2024, 06.51 PM ISTGCCs in India looking to strengthen digital capabilities: report Indian GCCs focus on AI/ML, data analytics. CIOs prioritize AI in 2024. ANSR report notes talent development, market growth, tech hubs like Bengaluru, Hyderabad, and emerging locations like GIFT City.
12 Apr, 2024, 05.06 PM ISTHiring by global capability centres in India slows amid western disturbances Mumbai's GCC hiring in India slowed down in FY24, impacted by global uncertainties. Despite high attrition and talent demand, centers took a cautious approach. Experts attributed the slump to a cautious approach by companies since 2023 amid multiple...
09 Apr, 2024, 05.30 AM ISTSoaring high: How ERP solutions can propel 'Make In India' ambitions in the aerospace and defence sector The Economic Times and Epicor panel celebrated India's aerospace growth, highlighting a 20% export increase and the pivotal role of ERP solutions
14 Feb, 2024, 06.14 PM ISTAI, ML pivotal in streamlining lending process: LenDenClub cofounder Dipesh Karki Put simply, P2P lending, or social-lending, leverages financial technology to allow people to lend or borrow money from one another without going to banks or financial institutions. LenDenClub connects lenders and borrowers.
12 Jan, 2024, 12.07 PM ISTAI/ML skills, talent gaps widen with accelerating innovation: Skillsoft The survey found that one in three IT leaders are struggling most with finding qualified AI and ML talent. It covered more than 5,700 global IT professionals, including leaders and staff members.
15 Dec, 2023, 05.16 PM ISTPlacement season: At IITs, startups score advantage points IITs like Kanpur and BHU are seeing about a 30-40% jump in the number of startups compared to last year, placement sources told ET.
03 Dec, 2023, 09.13 AM IST