Today, Birlasoft Limited in collaboration with Microsoft the company has set up a Generative AI Centre of Excellence in Noida, Pune, and Edison, NJ (USA).
This strategic initiative is focused on accelerating value creation and fostering innovation in the adoption of Generative AI to deliver cutting-edge enterprise solutions across various industries. The centre will leverage Birlasoft’s expertise and Microsoft Azure OpenAI Service, empowering organizations to unlock the full potential of Generative AI for tailored solutions to address complex business challenges.
Acting as a hub for experts from both companies it will facilitate research, training, and collaboration. This collective ecosystem empowers organizations to fully explore the capabilities of Generative AI, allowing them to create custom solutions that effectively address intricate business challenges.
The continuous progress in Generative AI is presenting limitless opportunities for diverse industries. Birlasoft will concentrate on essential use cases spanning various verticals, leveraging the potential of Generative AI to drive innovation and create transformative solutions for businesses in these sectors.
Through this collaboration, Birlasoft aims to train 500 consultants in generative AI technologies, principles, and best practices. The joint effort will focus on building over 50 use cases to create value across various verticals and sub-verticals served by Birlasoft. This strategic partnership represents a significant step towards delivering innovative solutions and driving organizational success in the dynamic business landscape.
Roop Singh, CEO Americas, Birlasoft said, “Our long‐standing relationship with Microsoft has enabled enterprises to accelerate their digital transformation journey. With the Generative AI Centre of Excellence, we will raise the bar further to deliver enterprise solutions and services. I’m excited and hopeful that together, we will deliver innovative solutions that empower organizations to make informed decisions and stay ahead in a highly competitive landscape.”
Birlasoft, a part of The CK Birla Group, is actively involved in computer programming, consultancy, and related activities. With its registered office in Pune, the company specializes in providing software development and IT consulting services to clients primarily in the Banking, Financial Services, and Insurance, Life Sciences, Energy Resources and Utilities, and Manufacturing sectors. Birlasoft boasts a talented team of over 10,000 professionals dedicated to delivering top-notch solutions to its valued customers.
The company has consistently maintained a healthy dividend payout ratio of 28.8%. The stock has witnessed significant buying activity in the last 3 years as it has surged more than 266%.
Today, the shares of Birlasoft plunged by 0.70%. The company’s current market capitalisation is Rs 10,541.62 crore.
Keep a close eye on this trending stock.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.
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