IT giant Infosys, led by Vishal Sikka, got a green light on his proposal to set up three more campuses in Bengaluru at an investment of Rs 1,918 crore from the Karnataka government on Saturday.
Infosys has proposed to develop one new campus at Electronic City and two at Konappana Agrahara in Bengluru. The company has claimed in its proposal that it will create 27,000 new jobs from these three projects.
The IT major has also planned a Software Technology Park with an estimated cost of Rs 1,079 crore. In this project, the number of direct employment would be 15,000.
The govt. also approved the proposal from Mangalore Refinery and Petrochemicals Limited with an investment of Rs. 20,000 crore and another proposal from Biosciences with an investment of Rs. 235 crore.
“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.
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