Ravi Kumar S

The data is in: 2024 is the year AI at work gets real. The use of generative AI has nearly doubled in the last six months, with 75% of global knowledge workers using it.

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Where can commercial banks achieve the greatest immediate impact from generative AI? Accenture’s Jared Rorrer and Auswell Chia reveal in their latest blog. https://accntu.re/45b4qdv #GenerativeAI #CommercialBanking

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Where can commercial banks achieve the greatest immediate impact from generative AI? Accenture’s Jared Rorrer and Auswell Chia reveal in their latest blog. https://accntu.re/45b4qdv #GenerativeAI #CommercialBanking

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A great way to understand the power of generative AI is to try it. We are actively running #watsonx pilots with clients to show what AI can do for enterprises. One example is Westfield Insurance. They wanted to use generative AI to accelerate application modernization and improve developer productivity. Together, we ran a pilot with IBM watsonx Code Assistant for Z that resulted in an 80% reduction in the time required for a developer to understand an application and a 30% reduction in the time needed for a developer to be able to explain and potentially document #code. This is #AI for Business. Learn more: https://lnkd.in/eH-76aR3

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🌐 Exploring the swift shift to cloud computing in the financial services industry. My recent article for the Forbes Technology Council delves into how this disruptive transformation is revolutionizing banking, insurance, and investments. From enhanced customer service to significant cost savings, the impacts are profound. 📈 Cloud technologies offer strategic benefits like improved portability and integration for financial institutions. Scalability allows for seamless handling of data processing requirements and customer activity fluctuations. 💰 Moving to cloud computing brings significant cost savings by shifting from capital to operating expenditure models, allowing firms to pay for resources as needed. 🔄 Old systems, new technology: Facing challenges with legacy mainframes, many institutions opt for hybrid cloud approaches to ensure a smooth transition. 🛡️ Security and Compliance: Data security is paramount in finance, with cloud solutions needing to meet stringent regulatory requirements, often with geographic or data movement restrictions. 🔮 Looking Ahead: AI and big data analytics will be pivotal in identifying and mitigating risks. Blockchain presents opportunities for a secure and transparent transaction ledger. Cloud migration is no longer a choice but a necessity for financial institutions. Despite challenges, the benefits of cloud adoption make it a crucial step for the future of finance. #CloudComputing #FinancialServices #DigitalTransformation #CloudStrategy #CloudMigration #Mainframe

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Join my Capgemini colleagues at #PegaWorld iNspire 2024 to explore the impact of Pega’s GenAI in Pega Infinity. 📈 Pega Infinity, powered by cutting-edge AI capabilities, accelerates development 7.8 times faster than traditional approaches - discover insights from Anthony Abdulla and Dinesh Karanam. 🎙️Be part of this session to understand the comparative performance of Pega and Java in crucial areas such as workflow automation, UX/UI development, and more. Click to learn more. #DigitalTransformation #CustomerExperience #automation

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Having been associated with our Hexaware Technologies Future Leaders and Executives program (#HFLX) since its inception as Chief Mentor, I am so proud to see the strides it has made in the last five years. Our high achieving HFLXers are creating impact across the organization and globally, and Leading us Into the Future of Technology (#LIFT)…check this video out to hear some of my views on the program!

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Enterprises need to tap into the transformative power of multi-channel personalization in redefining customer experience. In his upcoming session for the 2024 MIT Sloan CIO Symposium, EXL's EVP and Chief Digital Officer Anand Logani will focus on innovative strategies to engage customers across various platforms, tailoring interactions to individual preferences and behaviors. Learn more about his upcoming discussion here: https://lnkd.in/gbPQgvAx

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The promise of productivity leaps and bounds, and the cycle of rapid change brought on by Generative AI is both exciting and sometimes overwhelming for enterprises and individuals alike. Are you finding it hard to realize AI’s potential with confidence and rewire for the future?

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Listen to Episode 3 of Powering Product Innovation for a deep dive into how cloud, AI and automation have evolved into product engineering’s dream team. Join Cognizant’s Deb Eastman, Head of Platforms and SaaS & VP, and Prasad Sankaran, EVP Software & Platform Engineering, as they explore the changes rippling through product engineering and what they mean for development and testing teams. Key takeaways include: • Why cloud infrastructure is driving innovation • The role of hyperscalers and cloud platforms in providing a path to generative AI capabilities • How AI will make development and testing jobs more meaningful—and productive. • Why responsible AI needs to happen at the enterprise level. • How companies can drive hyper-automation across the enterprise. Listen today and learn how to position your company’s product engineering for success. https://bit.ly/3Vb3rFH #productdesign #cloud #AI #automation #Cognizant

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"Talent wins games, but teamwork and intelligence win championships." - Michael Jordan Join the HCLSoftware Partner Program to enhance and extend your organization’s growth and reach. Membership offers a variety of benefits tailored to your partnership needs including access to HCLSoftware’s market leading software, access to training, partner recognition, incentives and investment protection. Explore #TechnologyInnovation use cases with us and benefit by becoming a business partner within HCLSoftware’s extensive #partner #ecosystem. - Stage: Growth - Strengths: Strong technology alignment with #IndiaStack (#DeepTech) - Time to market: Commercial exploration will be concluded in 3 business days of our engagement. Reach out to us through the details mentioned below or directly DM me to explore innovative commercial models with us and strategize your growth with us. Join the ecosystem of 1500+ partners, already enrolled. Update (1): We do not charge any fees for joining.

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🚀🧓 Embracing the AI Revolution in Elderly Care! #ScottCode of LeadingAge illuminates the strides being made with #GenerativeAI and Large Language Models in senior care. As the healthcare sector progresses with AI integrations, let's reflect: How will these cutting-edge technologies reshape our approach to supporting the elderly? The potential for streamlined operations and personalised care experiences is tremendous. 🤔 What innovations do you foresee AI bringing to elder care? #ElderlyCareTech #GenerativeAI #HealthcareEvolution #SeniorWellbeing #AIforGood

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Cognizant is acquiring Belcan a leader in Digital Engineering. Our CEO Ravi Kumar S talks to CNBC on this stating “This acquisition will give us a new growth vector where in software and technology is embedded into physical objects in #Manufacturing, #Aerospace #Defense industries. #Cognizant is in a sweet spot at the center of #InformationTechnology #OperationsTechnology and #BusinessTransformation “ Very unique proposition where there are not many players in the market giving us an edge over competition. #M&A #Acquisition #DigitalEngineering

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Is your organization ready for an AI-first world? Do listen to this interactive ITPro podcast with Rory Bathgate and Jane McCallion on Crafting a Future-ready workforce where I also discuss about how we are enabling Hexaware Technologies to be an AI-first organization as well!

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The world is shifting to Product oriented delivery. We have worked with most of my clients towards this approach, this was a good short course providing the essentials of this much needed shift. #product #productengineering #pod #ibm #ibmconsulting

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Excited for this partnership as we aim to democratise Microsoft's generative AI and Copilots, making them accessible to millions. This will revolutionise enterprise business operations, enhance employee experiences and fuel cross-industry innovation. The combined strength of Microsoft and Cognizant holds immense potential, promising significant innovation for enterprise customers while also fast-tracking AI adoption and innovation in India. Both companies are already collaborating to deliver tailored solutions across industries, using Copilot Studio – from working with a manufacturing firm to improve its remote engineering diagnostics, to empowering an education services provider to create personalised digital content for students and teachers with generative AI. Our joint efforts are already reshaping industries, and much more is to come. 

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In this article for Hindu Business Line, EXL's President and Head of Insurance Vikas Bhalla shares the four key areas where the Indian BPM industry is leveraging generative AI. From embedding #GenAI into operations to improve speed and efficiency to creating gen AI solutions to solve for specific industry problems, see where he thinks it's being utilized to the best of its ability. https://lnkd.in/dq_KnjWF

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My colleagues Praveen K. A. Arivazhagan and Lauren Schmeer share how to disrupt the status quo, compete with digital natives, and drive rapid growth. Watch the full series to learn about our secret sauce for billion dollar growth.

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Where can commercial banks achieve the greatest immediate impact from generative AI? Accenture’s Jared Rorrer and Auswell Chia reveal in their latest blog. https://accntu.re/45b4qdv #GenerativeAI #CommercialBanking

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