Multibagger joins forces with microsoft to create cutting-edge generative AI center of excellence!

This collective ecosystem empowers organizations to fully explore the capabilities of Generative AI.

The bulls were in action on D-Street as the Sensex and Nifty kicked off the day with a positive start, recording gains of 0.01% and 0.03%, respectively.

On July 24, 2023, Birlasoft Limited in collaboration with Microsoft the company has set up a Generative AI Centre of Excellence in Noida, Pune, and Edison, NJ (USA).

This strategic initiative is focused on accelerating value creation and fostering innovation in the adoption of Generative AI to deliver cutting-edge enterprise solutions across various industries. The centre will leverage Birlasoft's expertise and Microsoft Azure OpenAI Service, empowering organizations to unlock the full potential of Generative AI for tailored solutions to address complex business challenges.

Acting as a hub for experts from both companies it will facilitate research, training, and collaboration. This collective ecosystem empowers organizations to fully explore the capabilities of Generative AI, allowing them to create custom solutions that effectively address intricate business challenges.

The continuous progress in Generative AI is presenting limitless opportunities for diverse industries. Birlasoft will concentrate on essential use cases spanning various verticals, leveraging the potential of Generative AI to drive innovation and create transformative solutions for businesses in these sectors.

· In Manufacturing, the company will leverage Azure OpenAI Service for product design, process optimization, quality and defect detection, predictive maintenance, and digital twins.

· In Life Sciences and Pharmaceuticals, Birlasoft will harness generative AI solutions for drug discovery, design, and data augmentation.

· In the Energy and Utilities sector, the company plans to leverage Generative AI to enhance field service engagements.

· In the Banking, Financial Services, and Insurance domain, Generative AI will be utilized for automated claims handling, summarizing financial reporting, and enhancing search capabilities.

Through this collaboration, Birlasoft aims to train 500 consultants in generative AI technologies, principles, and best practices. The joint effort will focus on building over 50 use cases to create value across various verticals and sub-verticals served by Birlasoft. This strategic partnership represents a significant step towards delivering innovative solutions and driving organizational success in the dynamic business landscape.

Roop Singh, CEO Americas, Birlasoft said, "Our long‐standing relationship with Microsoft has enabled enterprises to accelerate their digital transformation journey. With the Generative AI Centre of Excellence, we will raise the bar further to deliver enterprise solutions and services. I’m excited and hopeful that together, we will deliver innovative solutions that empower organizations to make informed decisions and stay ahead in a highly competitive landscape.”

About Birlasoft

Birlasoft, a part of The CK Birla Group, is actively involved in computer programming, consultancy, and related activities. With its registered office in Pune, the company specializes in providing software development and IT consulting services to clients primarily in the Banking, Financial Services, and Insurance, Life Sciences, Energy Resources and Utilities, and Manufacturing sectors. Birlasoft boasts a talented team of over 10,000 professionals dedicated to delivering top-notch solutions to its valued customers.

The company has consistently maintained a healthy dividend payout ratio of 28.8 per cent. The stock has witnessed significant buying activity in the last 3 years as it has surged more than 266 per cent.

Today, the shares of Birlasoft plunged by 0.84 per cent. The company's current market capitalisation is Rs 10,541.62 crore.

Keep a close eye on this trending stock. 

Disclaimer: The article is for informational purposes only and not investment advice.