Infosis and TCS Annual General Meeting (AGM) Recap

Importance of the AGM Discussions

• Shareholders' tricky questions to Infosis and TCS.
• Relevance to individuals in the IT services world.

Key Question: Are You Future Ready?

• Indirect question from shareholders about the companies' preparedness.

Infosys' Response

People Side

• CEO's claim: ~2.5 lakh people trained on AI.
• Comparison: Accenture's 40-45k out of 750k employees trained.
• Training categories:
  1. Awareness of AI
  2. Managerial expertise
  3. Functional expertise
• Estimation of training distribution among employees.

Process Side

• Platforms:
  • Infosys Cobalt for Cloud
  • Infosys Topaz for Gen AI
• Projects and Use Cases:
  • 20+ Gen AI projects
  • 25 Gen AI use cases and playbooks

TCS' Response

• Tata Sons Chairman's assertion: TCS is future-ready.
• Sectors benefiting from Gen AI:
  1. Legal: Document review
  2. E-commerce: Personalized shopping bots, catalog design
• Industry expert Malcolm Frank's query:
  • Role of IT services companies as Gen AI benefits materialize.

Gen AI Impact on SDLC

• Software Development Life Cycle (SDLC) stages:
  1. Project Planning
  2. Requirements Gathering and Analysis
  3. Design
  4. Coding/Implementation
  5. Testing
  6. Deployment
  7. Maintenance
• Gen AI impact areas:
  • Testing, Deployment, and Maintenance
• Implication: Potential job impacts on IT service employees.

Future Areas of Focus

• Growth areas driving the future:
  1. AI
  2. Cloud Computing
  3. Quantum Computing
  4. Cybersecurity
  5. Data-related fields
• Career advice: Adapt skillsets to stay relevant.

Conclusion

• Strategic importance of being informed and adaptive.
• Encouragement to subscribe and like the channel for updates.