Upgraded – February 14, 2024 at 08:50 PM.|
Hyderabad
Infy, TCS, TechM get leading IT/ITES Exporter award at HYSEA yearly awards
Previous Tech Mahindra CEO and MD C P Gurnani receving Lifetime Achievement Award at the HYSEA National Summit in Hyderabad on Wednesday.
CP Gurnani, who has actually just recently retired from Tech Mahindra as its CEO and Managing Director, got the Lifetime Achievement Award from the Hyderabad Software Enterprises’ Association (HYSEA) at the 31st edition of nationwide top and awards event on Wednesday.
“He is a prominent leader renowned for his extensive effect on both business and social worlds. Identified for his transformative contributions to education and philanthropy, Gurnani has actually left an enduring mark on the market,” Manisha Saboo, President of HYSEA, stated.
$500 billion
Resolving the event after getting the award, Gurnani spoke mentioning Microsoft CEO Satya Nadella’s declaration that out of the $5-trillion economy India was going for $500 billion would be affected by Artificial Intelligence, he stated, that AI was a chance. “Let us make it occur.”
Providing the keynote address on ‘AI – Celebrating the future’, Cyient CEO Karthik Natarajan stated that the AI market size reached $150 billion in 2023 and was predicted to grow at an amazing substance yearly development rate (CAGR) of 36.8 percent from 2023 to 2030.
“The scope for development and financial chances is large,” he stated.
He likewise spoke on numerous usage cases like style automation, assisted diagnostics, device failure analysis, medical analysis, automated regulative compliance checks, and remote tracking of possessions where AI was playing an essential function in conserving expenses and time and likewise enhancing quality and client complete satisfaction.
Awards
Infosys, Tata Consultancy Services, and Tech Mahindra have actually won the leading IT/ITES Exporter award, while Microsoft India (R&D); Accenture Solutions and Amazon Development Centre (India) won the award in the MNC classification.
EY Global Delivery Services India and Value Momentum Software Services bagged the leading Indian IT/ITES Exporters from the State in the 1,000-crore classification. Amongst the MNCs, the award was provided to ZF India. CriticalRiver Technology and ECLAT Health Solutions got the Fastest Growing Indian IT/ITES business in the 100-crore classification.