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HCLTech Launches Enterprise AI Foundry To Drive AI Effectiveness

14 June 20243 mins read by Angel One
HCLTech introduces Enterprise AI Foundry to simplify AI integration, leveraging GenAI for swift business transformation.
HCLTech Launches Enterprise AI Foundry To Drive AI Effectiveness
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On June 10, 2024, HCLTech, a leading global technology company, launched the HCLTech Enterprise AI Foundry. This initiative simplifies and scales enterprise AI journeys, providing an integrated asset suite combining data engineering, AI, and cognitive infrastructure.

The goal is to accelerate Generative AI (GenAI) )-led transformations across business value chains. Tuned for compatibility with Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP), the Foundry is designed to scale for on-prem infrastructure, removing complexities associated with industrial-scale AI foundation models and data silos.

The Enterprise AI Foundry empowers IT leaders to establish seamless integration across IT and data assets, enabling business leaders to focus on real-world outcomes. It also helps development teams easily build next-gen AI-powered applications.

Vijay Guntur, Chief Technology Officer and Head of Ecosystems of HCLTech, said, “HCLTech Enterprise AI Foundry builds on our extensive experience delivering data engineering and AI services. Combined with the latest GenAI technologies, we provide rapid and significant time-to-value through AI.”

After introducing the HCLTech AI Force, the Enterprise AI Foundry seeks to expedite the transformation of business processes and strategies through AI. Leveraging years of expertise in infrastructure services, data modernisation, and AI implementation, HCLTech assists customers in swiftly transitioning AI experiments into production workloads, optimising their return on investment.

Srini Kompella, Senior Vice President of Data and AI HCLTech, said, “To bridge the gap between AI hype and outcomes, we need a new blueprint. HCLTech Enterprise AI Foundry will simplify the foundational AI infrastructure, enable enterprise data integration with AI, streamline the creation of AI-powered applications, and ensure trust, safety, and reliability, fostering confident adoption.”

About HCLTech

HCLTech is a global technology enterprise with a workforce exceeding 2,27,000 individuals spanning 60 nations. Renowned for its digital, engineering, cloud, and AI expertise, HCLTech offers an extensive range of technology services and products. It has collaborated with clients across various industries, including Manufacturing, Life Sciences and Healthcare, Financial Services, Technology and Services, Telecom and Media, Retail and CPG, and Public Services.

On June 10, 2024, HCL Technologies Limited’s share price opened at ₹1,440.00, touching the day’s high of ₹1,442.00 as of 03:30 PM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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