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Enterprises now deploying AI technologies: Infosys

More than 1,000 business and IT leaders with decision-making power over AI solutions

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  • Enterprises are deploying AI more broadly
  • This is bringing in a positive change in their working
  • Companies are investing huge amount in AI technology

Enterprises are moving beyond the experimentation phase with Artificial Intelligence (AI) and are now deploying AI technologies more broadly, said an Infosys survey on Tuesday.

There is a fundamental shift in how enterprises operate as AI takes hold, according to the “Leadership in the Age of AI” survey.

Also Read : Artificial intelligence to amplify digital transformation: Vishal Sikka

India to deploy more AI technology, revealed Infosys survey.
India to deploy more AI technology, revealed Infosys survey.

“AI, as the research shows, is becoming core to business strategy, and is compelling business leaders to alter the way they hire, train and inspire teams, and the way they compete and foster innovation. Industry disruption from AI is no longer imminent, it is here,” Mohit Joshi, President, Infosys, said in a statement.

“The organisations that embrace AI with a clearly-defined strategy and use AI to amplify their workforce rather than replace it, will take the lead, and those that don’t will fall behind or find themselves irrelevant,” Joshi added.

Seventy three per cent respondents strongly agreed that their AI deployments have already transformed the way they do business, and 90 per cent C-level executives reported measurable benefits from AI within their organisation.

Use of AI is transforming businesses.
Use of AI is transforming businesses.

Also Read : Humanity’s days are numbered, Artificial Intelligence will cause mass extinction, warns Stephen Hawking 

Organisations are taking steps to prepare employees and business leaders for the future of work, with 53 per cent respondents indicating that their organisation has increased training in the job functions most affected by AI deployments.

More than 1,000 business and IT leaders with decision-making power over AI solutions or purchases at big organisations across seven countries were included in the survey. IANS

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Software Major Infosys Projected as Top Employer in APAC Region

Established 28 years ago, Top Employer Institute recognises excellence in people practices

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Infosys
Office building of Infosys. Pixabay

Software major Infosys has been projected as a top employer in Australia, Japan and Singapore across the Asia-Pacific region in 2020, by the Top Employer Institute in recognition of its excellence in hiring practices.

“Organizations certified as top employers provide best working environment for employees through ‘people-first’ HR practices, as they are subjected to a rigorous selection process by the Dutch Institute,” the city-based IT behemoth said in a statement.

Encompassing 100 queries, covering 600 people development practices, the assessor has evaluated talent strategy, workforce planning, talent acquisition, on-boarding, learning and development and performance management.

Leadership development, career and succession management, compensation and benefits and culture also were part of the evaluated topics in certifying the $11 billion IT company.

Infosys office
Employees queue up infront of Infosys office. Wikimedia Commons

“We are committed to enhancing our human resource practices and building collaborative workplaces – as we believe this benefits not only our people, but also our clients, and the community at large,” said Infosys chief operating officer U.B. Pravin Rao in the statement.

Rao said the honour demonstrates Infosys’ focus on localisation and approach to help clients navigate their digital transformation journey.

Also Read: Walmart, Flipkart Jointly Invest in Ninjacart Startup: Report

Top Employer Institute has certified and recognised more than 1,500 employers in 118 countries.

Established 28 years ago, Top Employer Institute recognises excellence in people practices. (IANS)