Synopsis
IT companies like TCS, HCLTech, Wipro and Tech Mahindra are reorganising their businesses to wade through disruptions and prepare for Gen AI. TCS, under new leadership, merged AI and cloud operations into a unified AI.Cloud unit, responding to growing demand in cloud migration and transformation services.
India’s homegrown IT service providers have rejigged their business structures and senior leadership over the past year to navigate technology and market disruptions, as the over $250 billion Indian software services export industry faces an unprecedented slowdown in demand.Companies are looking to build new capabilities with separate units focused on generative artificial intelligence (Gen AI) alongside evolving customer demands in a weak
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