Tech Mahindra has successfully equipped its employees with AI training

New Delhi: In an era dominated by a burgeoning interest in artificial intelligence (AI), Tech Mahindra has taken a noteworthy stride in reshaping its workforce for the future. Reports reveal that the company has undertaken the task of training approximately 8,000 employees in AI, positioning them for the evolving landscape.

In the wake of OpenAI’s November launch of ChatGPT, AI has seized the limelight, prompting numerous companies to integrate this technology into their daily operations. While AI is not entirely novel, the recent surge in fascination can be attributed in part to the popularity of ChatGPT. Now, with Tech Mahindra equipping thousands of employees with AI proficiency, anticipation builds for what lies ahead.

Here are five pivotal aspects to grasp about this recent development:

Strategic Focus: Harshvendra Soin, the company’s Global Chief People Officer and Head of Marketing, elucidated that Tech Mahindra is homing in on the BFSI, healthcare, manufacturing, and retail sectors across regions, especially the USA.

Investment in Human Capital: Soin underscored Tech Mahindra’s ongoing investment in its workforce to cultivate a talent pool resilient and adaptable to the future. “In the June 2023 quarter, we have trained and upskilled around 8,000 employees in generative AI and other AI platforms,” he stated.

Transforming Work Paradigm: Harshvendra Soin emphasized the ascendancy of generative AI as the industry’s next transformative force, poised to revolutionize work methodologies, communication, and content creation. He emphasized, “This rapid transition has also instigated substantial shifts in the demand for skills, compelling companies to reskill and upskill employees through diverse learning avenues and platforms.”

Financial Performance: This initiative follows Tech Mahindra’s recording of a 36 percent decline in net profits during the April-June quarter.

CEO’s Outlook: CEO and Managing Director C P Gurnani, poised to retire later this year, candidly assessed this quarter as the most challenging he had witnessed in five years. However, he expressed optimism about generative AI, quantum computing, and cybersecurity steering the company’s growth trajectory.

With more companies embracing AI, the impending reality is that this emerging technology will profoundly permeate our lives. As time progresses, the demand for individuals well-versed in AI is projected to surge. LinkedIn is already abuzz with job postings seeking candidates with varying levels of AI expertise.

As the industry marches forward, AI’s integration will redefine professions and augment human potential.