Latest legacy systems News & Updates

New Delhi, Feb 19 (IANS) India has the potential to lead a new human revolution powered by purposeful and responsible Artificial Intelligence, Vishal Sikka, founder and CEO of Vianai, said on Thursday.Speaking at the India AI Impact Summit 2026 here, Sikka said AI presents a historic opportunity for the country.“India has previously transformed areas like connectivity and food security within a generation, and now it has a chance to build the next era through AI,” he noted.Sikka, who is also…

Bengaluru, Feb 17 (IANS) Nandan Nilekani, Co‑founder and Chairman of Infosys, said on Tuesday that artificial intelligence (AI) will fundamentally change how software is built and deployed, adding that writing code will no longer be the primary job for technology professionals.Addressing the Infosys’ Investor Day, Nilekani described the AI transition as a “root‑and‑branch” change that requires firms to rethink customer journeys, business processes and organisational structures rather…

New Delhi, Feb 14 (IANS) Artificial intelligence (AI) is unlikely to replace IT services companies anytime soon, according to a new report by JP Morgan’s Asia Pacific Equity Research team. Instead of shrinking the industry, AI is expected to become another tool that helps companies deliver more work within the same budgets.In a note titled “India IT Services: Looking through the AI fog 2 — Discounted for extinction? Div/FCF yields at crisis levels,” JP Morgan said fears that AI could wipe…