Latest news with #VishalSikka
Time of India
19 hours ago
- Business
- Time of India
How AI may not be the only reason behind Indian IT layoffs, but this 'deeper problem' in the GCC trend they missed
While artificial intelligence continues to dominate headlines as the driving force behind mass layoffs in India's IT sector, a deeper structural shift is quietly reshaping the landscape: the rise of Global Capability Centres (GCCs). These in-house tech hubs, set up by multinational corporations in India, are challenging the traditional outsourcing model that once made firms like TCS, Infosys, and Wipro global giants. The industry experts believe that the GCC trend represent a 'deeper problem' and the India IT services companies are still not able to address it. What are GCCs and why do they matter GCCs enable foreign companies to insource their technology operations directly in India, bypassing third party IT service providers. The GCC model offer better control, integration and comes with long-term cost efficiency. Once dismissed as niche or temporary, the concept of GCCs has now become mainstream. Earlier, GCCs handled back-office functions like IT support and data entry but now their role has evolved. In the GCCs are now looking after AI, cybersecurity, analytics and R&D. Today more than 1,700 GCCs are operating in the country which have employed nearly 2 million people. Also, the revenue of GCCs has grown by 11% CAGR since 2015, outpacing the 8% CAGR of top Indian IT firms. Also, the GCCs now contribute 23% to India's IT exports. The shift towards GCCs has not only proven to be cost effective but it's also about strategic control. Companies such as UBS, Bank of America, and Procter & Gamble started insource in 2013. Even Citibank, which once sold its captives to Indian IT firms, is now rebuilding its own tech centres in India. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No dark spots, 10 years younger! Just take this from Watsons URUHIME MOMOKO Learn More Undo The double whammy: GCCs + AI AI is definitely one of the reasons for accelerating layoffs, especially in mid-level roles focused on testing, infrastructure, and people management. But the GCC boom is also compounding the problem. GCCs are automating routine tasks internally, reducing demand for outsourced services. Also, the Indian IT firms are losing both talent and business to these models. Along with this, the traditional 'pyramid' structure — with layer of mid-level coders -- is being flattened. As a result, companies like TCS and Infosys are cutting thousands of jobs, not just due to AI, but because clients no longer need them in the same way. Why Indian IT missed the GCC signal Back in 2015, Infosys CEO Vishal Sikka invested in ANSR, a firm helping foreign companies set up GCCs. His vision was ahead of its time—but Infosys later sold its stake at a loss, and the industry largely ignored the trend. Now, with remote work normalized and digital transformation accelerating, GCCs are thriving while traditional IT firms scramble to adapt. What's next for Indian IT To survive, Indian IT firms must: Reposition themselves as GCC enablers, offering 'GCC-as-a-service' Upskill their workforce for AI-integrated roles Rethink their business models to stay relevant in a world where clients want control AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Yahoo
21-05-2025
- Business
- Yahoo
Vianai Collaborates with SAP to Bring Together Gen AI Tools
The collaboration builds on the strengths of the SAP Joule copilot, the just ask feature of SAP Analytics Cloud, and hila, and seeks to fundamentally transform analytics on enterprise data PALO ALTO, Calif., May 21, 2025 /PRNewswire/ -- Vianai Systems, Inc. today announced at SAP Sapphire in Orlando a collaboration with SAP to bring together the best generative AI capabilities of the SAP Joule copilot, the just ask feature of SAP Analytics Cloud and Vianai's hila to customers worldwide, leveraging SAP Analytics Cloud, part of the SAP Business Data Cloud solution, as the foundation. Combined, Joule and just ask plus hila will allow for a natural-language interface for generative AI that works across all structured data — cube and analytics models in the SAP Analytics Cloud, part of the SAP Business Data Cloud solutions, third party data, and other raw, transactional, non-aggregated data. "SAP is committed to advancing enterprise-ready AI that delivers real business impact," said Dr. Philipp Herzig, Chief Technology Officer and Chief AI Officer at SAP SE. "Our exploration with Vianai reflects our drive to push the boundaries of conversational analytics – enhancing decision-making precision and extending the reach of SAP's AI capabilities across and beyond the enterprise landscape." Vianai has developed advanced anti-hallucination and deep analysis technology in generative AI and specializes in getting highly accurate results directly from raw structured data, while maintaining responsiveness and low costs. "We are thrilled to collaborate with SAP to help bring together our hila product with Joule, the just ask feature and the underlying foundation of SAP Analytics Cloud, part of the SAP Business Data Cloud solution," said Dr. Vishal Sikka, CEO/Founder of Vianai. "This breakthrough collaboration promises to deliver trusted, scalable generative AI into the hands of business users at enterprises around the world and empowers them to realize massive value by fluently engaging with their data." This initiative validates the massive market opportunity for transformative solutions in business data analytics using the power of AI, large language models and agentic technologies. The collaboration will help unlock the potential of both SAP and Vianai solutions by enabling business users to leverage their SAP investments and engage directly with their structured data assets with accuracy and speed, while maintaining security and low costs. GenAI-driven analytics represent a new era in data-driven decision-making, empowering enterprises worldwide to grow, optimize, and innovate leveraging data, with unprecedented simplicity and trust, embodying the shared vision of technology as a powerful human amplifier About Vianai Systems Vianai Systems, Inc. is a leading provider of natural language to code applications and platform, hila, built for the enterprise. The hila Platform uniquely brings the combined capabilities of domain-specific conversational AI for crucial enterprise data with patented anti-hallucination techniques, for maximum accuracy and reliability of Generative AI for enterprises. The hila Platform helps enterprises minimize the risks of AI, while taking full advantage of the transformation potential of reliable AI systems. Follow Vianai Systems on X and LinkedIn. For more information, contact: Rebecca Schupp, 650-619-2895, 395559@ SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies. Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP's filings with the U.S. Securities and Exchange Commission ("SEC), including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates. View original content to download multimedia: SOURCE Vianai Systems Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
