Highlights

  • Microsoft's Q3 revenue jumps 17% with AI integration success.

  • Azure revenue spikes 31%, surpassing analyst forecasts impressively.

Latest news

India, Russia are embarking on new journey of innovation, co-production and co-creation: PM Modi

India, Russia are embarking on new journey of innovation, co-production and co-creation: PM Modi

India is conducting independent and sovereign policy under leadership of PM Modi,  achieving very good results: President Putin

India is conducting independent and sovereign policy under leadership of PM Modi, achieving very good results: President Putin

Indian businesses can replace void left by Western companies in Russia, says Roscongress CEO Stuglev

Indian businesses can replace void left by Western companies in Russia, says Roscongress CEO Stuglev

Regulator DGCA eases flight duty norms for pilots amid IndiGo crisis

Regulator DGCA eases flight duty norms for pilots amid IndiGo crisis

Dalai Lama launches 'Forest Resources in India' focused on climate, conservation and community

Dalai Lama launches 'Forest Resources in India' focused on climate, conservation and community

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

AAP to hold farmers’ Mahapanchayat in Gujarat's Amreli on December 7 amid crop loss crisis

AAP to hold farmers’ Mahapanchayat in Gujarat's Amreli on December 7 amid crop loss crisis

OnePlus marks 12 years in India with a new six-star lineup for the 15R reveal

OnePlus marks 12 years in India with a new six-star lineup for the 15R reveal

There will be a 'minimal' need for call centres due to AI revolution: TCS CEO K Krithivasan

The results underscore Microsoft's strong position in the market, driven by innovative strategies and robust customer demand for its cloud and AI solutions

There will be a 'minimal' need for call centres due to AI revolution: TCS CEO K Krithivasan

Tata Consultancy Services CEO, K Krithivasan, foresees a transformative shift in the call center industry in India within a year, driven by advancements in Artificial Intelligence. In an interview with the Financial Times, Krithivasan highlighted the imminent disruption caused by the widespread adoption of generative AI among multinational clients.

Krithivasan emphasized the potential of chatbots equipped with generative AI to revolutionize traditional call centre operations. He envisaged these AI-powered chatbots analyzing customer transaction histories and adeptly handling tasks typically undertaken by human call centre agents. According to him, this technological evolution could lead to a minimal need for incoming call centers, as AI systems proactively address customer queries and concerns.

The repercussions of this AI revolution are expected to reverberate across Asia, with India's renowned back-office services industry facing significant implications. India currently employs over five million people in the IT and business process outsourcing sector, making it particularly susceptible to technological disruptions.

While acknowledging concerns about potential job losses, Krithivasan stressed the need for workforce training to meet the burgeoning demand for tech talent. He suggested that increased collaboration between industry and academia could help bridge the skill gap and capitalize on the growing demand for AI expertise.

Krithivasan cautioned against overestimating the immediate benefits of generative AI, noting that its true impact would unfold gradually. However, TCS is actively investing in AI projects, with a pipeline worth $900 million, signaling its commitment to embracing emerging technologies.

ADVERTISEMENT

Up Next

There will be a 'minimal' need for call centres due to AI revolution: TCS CEO K Krithivasan

There will be a 'minimal' need for call centres due to AI revolution: TCS CEO K Krithivasan

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

ADVERTISEMENT

editorji-whatsApp

More videos

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

India International Trade Fair begins at Pragati Maidan amid tight security

India International Trade Fair begins at Pragati Maidan amid tight security

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

Amazon to lay off 30,000 office workers amid AI-driven cost cuts

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

US sanctions on Russian firms to hit Reliance; PSUs likely to keep buying Russian oil via traders

Dream debut: LG Electronics India shares jump over 50 pc

Dream debut: LG Electronics India shares jump over 50 pc

One GB wireless data in India costs less than a cup of tea: PM Modi

One GB wireless data in India costs less than a cup of tea: PM Modi

Power struggle in Tata Trusts: Trustees clash over board appointments

Power struggle in Tata Trusts: Trustees clash over board appointments

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.