What is Topaz and how is this generative AI impacting work at Infosys? CEO Salil Parekh explains
Infosys CEO Salil Parekh highlights the company's leadership in AI with its offering, Topaz, which has over 12,000 use cases. Parekh also mentions that AI assistants are available for employees and that the whole company will be trained in AI in the coming quarters.
Infosys has announced its artificial intelligence offering in May called Topaz which combines data analytics, and artificial intelligence to develop an AI-first core that potentially has over 12,000 use cases. Infosys CEO and MD Salil Parekh now says that Topaz is the manifestation of the company's leadership in AI.
Infosys Topaz is an AI-first offering that helps businesses accelerate growth, build connected ecosystems, and unlock efficiencies at scale. It is a suite of services, solutions, and platforms that use generative AI technologies to amplify the potential of humans, enterprises, and communities. Topaz is built on Infosys' applied AI framework, which ensures that it is ethical, trustworthy, secure, and compliant.
Here are some of the key benefits of Infosys Topaz:
Accelerates growth: Topaz can help businesses identify new growth opportunities, develop innovative products and services, and improve customer experiences.
Builds connected ecosystems: Topaz can help businesses connect with partners and customers in new ways, create new revenue streams, and improve supply chain efficiency.
Unlocks efficiencies at scale: Topaz can help businesses automate tasks, reduce costs, and improve decision-making.
Infosys Topaz is a powerful AI tool that can help businesses of all sizes achieve their goals. If you are looking for a way to accelerate growth, build connected ecosystems, and unlock efficiencies at scale, then Infosys Topaz is a great option for you.
Also Read: Amid slowdown forecast, Infosys wins $2 bn AI, automation deal expansion
Topaz is aimed at creating efficiencies across the enterprise by using smart tools, platforms, and autonomous software engineering for business agility.
In an interaction with with Business Standard, Salil Parekh said that AI assistants are ready and available for the employees in the company for a number of uses including software development, HR, Finance and other functions in the company. He also noted that there are 40,000 people trained for using AI in the company and in a few quarters ‘whole company will be trained’.
Parekh also informed how generative AI will change the environment in the company noting that ‘things will change’ because everyone will start using ‘gen AI platform’. He also added that the company has decided to use an open-source generative AI platform for software development and large language models are being created by feeding information into the platform.
Also Read: Infosys unveils AI-first offering Infosys Topaz to accelerate business value
The Infosys CEO said that artificial intelligence will lead to improvements in productivity and work opportunities while helping the company target a large addressable market and drive growth.
Infosys had recently announced signing a mega AI deal with one of its existing clients. The company had then said it had entered a deal to provide artificial intelligence (AI) and automation development, modernization and maintenance services valued at $2 billion, and will be spread over the next five years.
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Business NewsAIArtificial IntelligenceWhat is Topaz and how is this generative AI impacting work at Infosys? CEO Salil Parekh explains
First Published:8 Aug 2023, 09:03 AM IST
- Top Gainers
- Top Losers
- 52 Week High