Indian IT giant Infosys has launched a comprehensive and free AI certification training programme through Infosys Springboard to empower individuals with the necessary skills to succeed in the future job market.
Infosys Springboard offers a variety of AI courses, including introductory and advanced courses on topics like deep learning, natural language processing, and generative AI. Additionally, they provide a course called ‘Citizens Data Science’ which covers essential aspects of data science, such as Python programming, linear algebra, probability and statistics, and exploratory data analysis. This course aims to bridge the gap between theory and practice, enabling learners to acquire practical data science skills.
Infosys Springboard is a virtual platform offering a curriculum-rich learning experience accessible on any device. It fosters collaboration between educators and learners, catering to students from Class 6 to lifelong learners. With over 5.5 million registered users, it meets the increasing demand for AI education and positions Infosys as a trusted provider. Infosys Springboard aims to impact global education and career development.
Infosys’ Big Bets on Generative AI
Salil Parekh, CEO of Infosys, stated that the company’s operating margin for the entire year stands at 21%. He believes that Generative AI will create more opportunities and explained that the revenue was affected by cancellations and specific issues.
Back in 2015 when AI was not the hot topic, Infosys along with Elon Musk, AWS, and others donated $1 billion to OpenAI which eventually grew to be the world’s one of the most influential AI startups. Recently, Infosys co-founder Nandan Nilekani said that he will donate $38.5 million to his alma mater Indian Institute of Technology Bombay to push for AI advancements.
Infosys also recently launched Topaz, an AI-focused suite with 12,000 use cases, enabling industry-specific solutions in intelligent automation, AI-driven customer service, and enhanced security. Topaz helps businesses adopt open-source LLMs to build narrow transformers, solving specific enterprise challenges and driving growth.
Gary Bhattacharjee, VP of Data Strategy and AI at Infosys told AIM earlier that AI has the potential to eliminate entire functions rather than just improving processes, resulting in substantial cost reductions for clients. He highlighted the use of robotic process automation (RPA) at Infosys as an illustration of how AI can completely replace human decision-making processes. Bhattacharjee explained that RPA enables Infosys to achieve “labour arbitrage” by substituting human labour with low-cost robots.
The company is shifting its focus from coding to algorithms as coding becomes more automated. They aim to enhance their employees’ mathematical understanding and develop complex quant models. While this transformation will take time, Infosys will continue to hire freshers and collaborate with prestigious institutions like IITs and IIMs to attract talented individuals. They are also revamping their fresher program to prioritise skill development over coding.
However, Infosys has not sufficiently addressed the impact of AI adoption on the hiring of freshers. Although the company’s overall hiring, including both freshers and experienced software developers, has decreased from the previous fiscal year’s net addition of 380,000 to an estimated 280,000 in the current fiscal year (FY23), the effect on freshers remains uncertain.
As per a report by Goldman Sachs, AI could replace the equivalent of 300 million full-time jobs. So it is high time that you take up these courses to stay relevant.
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