Leading IT firm Tech Mahindra trains 8,000 Employees with AI Skills to Meet Future Demands
Tech Mahindra, a renowned IT business, has taken a strategic step in the AI sphere by training 8,000 of its staff. The move is part of the company's efforts to fulfil the growing demand for generative AI and quantum computing solutions.
Harshvendra Soin, Tech Mahindra's Global Chief People Officer and Head of Marketing, outlined the company's focus on key sectors and geographies, emphasising the importance of AI in driving growth.
Tech Mahindra is focusing its efforts in the BFSI (Banking, Financial Services, and Insurance), healthcare, manufacturing, and retail sectors, notably in the United States, as part of its strategic vision.
This increased emphasis needs investments in quantum computing, cybersecurity, and artificial intelligence (AI) to provide market-leading solutions and services.
Tech Mahindra understands the value of a talented and resilient personnel pool in order to thrive in the ever-changing technology world.
In line with this objective, the company has invested in its workers' learning and development.
While Tech Mahindra's focus on AI and emerging technologies is promising, the company faced challenges in the June quarter, experiencing a 38% fall in net profit compared to the previous year.
The impact of reverses in its Communications, Media, and Entertainment (CME) segment contributed to these challenges. However, the outgoing CEO and MD, CP Gurnani, expressed optimism about the future, identifying generative AI, quantum computing, and cybersecurity as key drivers for growth.
Tech Mahindra understands the enormous potential of generative AI and quantum computing to reshape industries and work paradigms. These developing technologies, according to the business, will revolutionise the way people work, communicate, and create content.
Tech Mahindra is committed to re-skilling and upskilling its staff through various learning tools and platforms in response to this disruptive trend.