Nachiket Deshpande, COO of LTIMindtree, discusses the company’s approach to artificial intelligence (AI). He emphasizes the importance of integrating AI solutions into existing workflows, using the “co-pilot approach” to ensure seamless adoption. LTIMindtree has decided not to build its own generative AI solutions, instead focusing on adopting and integrating existing technologies. Deshpande believes that building in-house AI products would be costly and obsolete, citing the company’s 30-35% R&D allocation compared to 80% for product companies. Instead, LTIMindtree aims to reimagine its services with AI, rolling out solutions to thousands of agents and creating new revenue opportunities. The company has already seen success with AI-driven projects, including a platform called Canvas, which integrates with existing AI investments. Deshpande predicts that every dollar of revenue will have a generative AI component embedded. He notes that Indian IT companies like Mphasis and Persistent Systems are also focusing on agentic AI, and that the key to productivity gains lies in persona-centric AI solutions.
LTIMindtree’s unique value proposition lies in its AI adoption strategy, focusing on substance over novelty.
by newsworm | Dec 18, 2024 | LTIMindtree | 0 comments