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Time of India
13 hours ago
- Time of India
Agentic AI rises: 86% see higher risks, only 2% meet responsible AI gold standards
Infosys Knowledge Institute (IKI),the research arm of Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today unveiled critical insights into the state of responsible AI (RAI) implementation across enterprises, particularly with the advent of agentic AI . The report, Responsible Enterprise AI in the Agentic Era, surveyed over 1,500 business executives and interviewed 40 senior decision-makers across Australia, France, Germany, UK, US, and New Zealand. The findings show that while 78% of companies see RAI as a business growth driver, only 2% have adequate RAI controls in place to safeguard against reputational risk and financial loss. The report analyzed the effects of risks from poorly implemented AI, such as privacy violations, ethical violations, bias or discrimination, regulatory non-compliance, inaccurate or harmful predictions, among others. It found that 77% of organizations reported financial loss, and 53% of organizations have suffered reputational impact from such AI related incidents. Key findings include: AI risks are widespread and can be severe 95% of C-suite and director-level executives report AI-related incidents in the past two years.39% characterize the damage experienced from such AI issues as 'severe' or 'extremely severe'.86% of executives aware of agentic AI believe it will introduce new risks and compliance issues. Responsible AI (RAI) capability is patchy and inefficient for most enterprises Only 2% of companies (termed 'RAI leaders') met the full standards set in the Infosys RAI capability benchmark — termed 'RAISE BAR' with 15% (RAI followers) meeting three-quarters of the 'RAI leader' cohort experienced 39% lower financial losses and 18% lower severity from AI do several things better to achieve these results including developing improved AI explainability, proactively evaluating and mitigating against bias, rigorously testing and validating AI initiatives and having a clear incident response plan. Executives view RAI as a growth driver 78% of senior leaders see RAI as aiding their revenue growth and 83% say that future AI regulations would boost, rather than inhibit, the number of future AI on average companies believe they are underinvesting in RAI by 30%. With the scale of enterprise AI adoption far outpacing readiness, companies must urgently shift from treating RAI as a reactive compliance obligation to embracing it proactively as a strategic advantage. To help organizations build scalable, trusted AI systems that fuel growth while mitigating risk, Infosys recommends the following actions: Learn from the leaders: Study the practices of high-maturity RAI organizations who have already faced diverse incident types and developed robust product agility with platform governance: Combine decentralized product innovation with centralized RAI guardrails and RAI guardrails into secure AI platforms: Use platform-based environments that enable AI agents to operate within preapproved data and a proactive RAI office: Create a centralized function to monitor risk, set policy, and scale governance with tools like Infosys' AI3S (Scan, Shield, Steer). Balakrishna D.R., EVP – Global Services Head, AI and Industry Verticals, Infosys said, 'Drawing from our extensive experience working with clients on their AI journeys, we have seen firsthand how delivering more value from enterprise AI use cases, would require enterprises to first establish a responsible foundation built on trust, risk mitigation, data governance, and sustainability. This also means emphasizing ethical, unbiased, safe, and transparent model development. To realize the promise of this technology in the agentic AI future, leaders should strategically focus on platform and product-centric enablement, and proactive vigilance of their data estate. Companies should not discount the important role a centralized RAI office plays as enterprise AI scales, and new regulations come into force.' Jeff Kavanaugh, Head of Infosys Knowledge Institute, Infosys, said, 'Today, enterprises are navigating a complex landscape where AI's promise of growth is accompanied by significant operational and ethical risks. Our research clearly shows that while many are recognizing the importance of Responsible AI, there's a substantial gap in practical implementation. Companies that prioritize robust, embedded RAI safeguards will not only mitigate risks and potentially reduce financial losses but also unlock new revenue streams and thrive as we transition into the transformative agentic AI era.'
India.com
16 hours ago
- India.com
Narayana Murthy's Infosys Global Acquisition Journey Expands! IT Bellwether Buying 75% Stake In THIS Company For Rs 1,336 Crore
New Delhi: Infosys, India's second-largest IT services provider, is teaming up with Telstra, a leading Australian telecom and technology company to boost its AI capabilities. As part of this partnership, Infosys plans to acquire a 75 per cent stake in Versent Group, a subsidiary of Telstra, for 233.25 million Australian dollars (around Rs 1,336 crore), according to a recent company filing. This move marks a significant step in Infosys's global expansion and focus on advanced technology solutions. Infosys-Telstra AI Partnership This acquisition is a key part of a strategic partnership between Infosys and Telstra, aiming to create a joint venture that offers AI-powered cloud and digital solutions to Australian businesses. According to the company filing, 'Infosys will acquire 75 per cent of the shareholding in Versent Group, Australia's leading Digital Transformation Solutions Provider, and a wholly-owned subsidiary of Telstra Group, that delivers cloud and digital transformation.' Infosys Acquires Majority Stake in Telstra Purple Infosys has bought a 75 per cent stake in Telstra Purple Pty Ltd for 233.25 million Australian dollars (around Rs 1,336 crore), according to the company's filing. Telstra Purple includes Versent Group, Epicon, Telstra Purple Digital, and related Cloud Access products, all combined under one umbrella. (Also Read: Is Tax Law Discriminating Against Same-Sex Couples? Case Goes To High Court: Report) Versent Group: An Overview Versent Group is part of Telstra, Australia's top telecommunications and technology company. Telstra provides advanced mobile, fixed, and digital connectivity that helps people, businesses, and governments stay connected—both locally and around the world. With a focus on innovation and strong networks, Telstra is working to create a digital future that's more resilient, responsive, and inclusive for everyone. Infosys Partners with Telstra to Drive Innovation In 2024, Infosys and Telstra joined forces through a long-term strategic partnership aimed at improving customer experience and speeding up Telstra's IT and software development transformation. To further support technological innovation and strengthen Telstra's leadership in the tech world, the partnership was extended in 2025 to include Telstra International and back Telstra's 'Connected Future 30' vision.
Hans India
a day ago
- Hans India
Lacklustre session as investors stay on sidelines
Mumbai: Benchmark stock indices Sensex and Nifty ended flat in a highly volatile trade on Thursday as investors turned cautious ahead of the US-Russia talks on August 15. Extending gains to the second day, the 30-share BSE Sensex climbed 57.75 points or 0.07 per cent to settle at 80,597.66. During the day, it rallied 211.27 points or 0.26 per cent to 80,751.18. The 50-share NSE Nifty rose by 11.95 points or 0.05 per cent to 24,631.30. Among Sensex firms, Eternal, Infosys, Asian Paints, HDFC Bank, Bajaj Finserv and Titan were the major gainers. However, Tata Steel, Tech Mahindra, Adani Ports and Bharat Electronics were among the laggards. The Trump-Putin meeting could have significant implications for energy markets, potentially leading to an easing of sanctions against Moscow. 'After a volatile weekly expiry-day session, Indian equities ended flat as investors traded cautiously ahead of the US-Russia summit. IT and pharma stocks advanced on the back of a softer US inflation data and dovish outlook. Banking and consumer durables also gained on hopes of a consumption-led recovery,' Vinod Nair, Head of Research, Geojit Investments Ltd, said.
