Tech Mahindra, a leading IT company, has taken a strategic step in the AI realm, training 8,000 of its employees in artificial intelligence. The move comes as the company prepares to meet the demand for generative AI and quantum computing solutions.
Read More: WhatsApp users will soon be able to schedule group calls
Harshvendra Soin, the Global Chief People Officer and Head of Marketing at Tech Mahindra, revealed the company’s focus on key sectors and geographies, highlighting the significance of AI in driving growth.
FOCUS ON BFSI, HEALTHCARE, MANUFACTURING, AND RETAIL
As part of its strategic vision, Tech Mahindra is directing its efforts towards the BFSI (Banking, Financial Services and Insurance), healthcare, manufacturing, and retail sectors, particularly in the USA.
This heightened focus necessitates investments in quantum computing, cybersecurity, and AI to provide innovative solutions and services in the market.
EMPOWERING EMPLOYEES FOR A FUTURE-READY TALENT POOL
Tech Mahindra recognises the importance of a skilled and resilient talent pool to thrive in the ever-evolving technology landscape.
Read More: Netflix New Game Controller App For iOS Released: All You Need To Know
In line with this vision, the company has invested in the learning and development of its employees.
CHALLENGES AND OPPORTUNITIES
While Tech Mahindra’s focus on AI and emerging technologies is promising, the company faced challenges in the June quarter, experiencing a 38% fall in net profit compared to the previous year.
The impact of reverses in its Communications, Media, and Entertainment (CME) segment contributed to these challenges. However, the outgoing CEO and MD, CP Gurnani, expressed optimism about the future, identifying generative AI, quantum computing, and cybersecurity as key drivers for growth.
THE PROMISE OF GENERATIVE AI AND QUANTUM COMPUTING
Tech Mahindra recognises the immense potential of generative AI and quantum computing in reshaping industries and work paradigms. The company sees these emerging technologies as game-changers, revolutionising the way people work, communicate, and create content.
Read More: Reliance Jio introduces Independence Day offer on Rs 2,999 annual recharge plan
In response to this transformative shift, Tech Mahindra is committed to re-skilling and upskilling its workforce through various learning tools and platforms.
