Rs 11,000 crore order book: This telecom manufacturing company unveils a pioneering generative AI solutioning fabric for modern enterprises; know more here!

The stock gave multibagger returns of over 730 per cent in 1 decade.

Sterlite Technologies Ltd (STL), a leading optical and digital solutions company, announced the launch of AInnovTM, a solutioning fabric of powerful Generative AI Services, frameworks, methodologies, and solutions designed for enterprises to accelerate Generative AI-led innovation and adoption. AInnov enables the development of embedded AI applications for multi-stakeholder experiences.

STL Digital's expertise in Data Engineering and Generative AI has culminated in the development of these cutting-edge solutions, aimed at empowering businesses to deliver exceptional customer experiences by harnessing advanced natural language understanding and response generation across various domains.

While enterprises are increasingly employing generative AI to analyze complex data sets, discern patterns, and process multi-faceted variables, the path to integrating these advanced systems is riddled with challenges. Some of the most significant hurdles include training Generative AI for specific enterprise use cases, fine-tuning algorithms for greater accuracy, ensuring data security, handling multi-modal inputs and improving the quality of trained data.

STL Digital has successfully cultivated robust capabilities in designing and training AI models to produce novel, context-aware outputs and has honed its proficiency in refining and testing these models in real-world scenarios.

Commenting on the launch of STL Digital's Generative AI solution, Spandan Mahapatra, CTO & Head of Services & Alliances, STL Digital Ltd, said: "We are thrilled by the possibilities that Generative AI can create for enterprises. Through AInnov TM, STL Digital is simplifying the approach to continuously exploring, evaluating, and enabling the Gen AI components as they evolve along the maturity curve. To accelerate Gen AI journeys anchored in trust and safety, we are adopting a solution-led and cross-platform approach. We have incorporated proprietary, partner-led and opensource services to drive sustainable innovation and business value realization."

On Tuesday, shares of Sterlite Technologies Ltd surged 1.56 per cent to Rs 156.10 per share from its previous closing of Rs 153.70

Order book: As of June 30, 2023, the company’s order book stood at Rs 10,938 crore which is spread across its three business units- Optical Networking, Global Services, and Digital. The company's order book now exceeds Rs 11,000, including the most recent order whereas the company's current market cap is Rs 6,230 crore.

The stock gave multibagger returns of over 730 per cent in 1 decade. Investors should keep an eye on this telecom stock.

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