GenAI is allowing us to challenge incumbents in areas we were not competitive: Mphasis CEO

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GenAI is allowing us to challenge incumbents in areas we were not competitive: Mphasis CEO
GenAI is allowing us to challenge incumbents in areas we were not competitive: Mphasis CEO

Synopsis

In an exclusive interview with ET Prime, Mphasis CEO Nitin Rakesh talks about the slowdown in the banking and finance business, the company’s rebound commentary, AI deals, and much more.

Mid-tier IT services company Mphasis has seen a sharp rebound in its banking and financial services (BFS) business and expects this to help it grow above industry levels in FY25, even though analysts have long been skeptical about its prospects. Mphasis CEO Nitin Rakesh told ET Prime the company’s rebound commentary was ahead of peers because of its…



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GenAI is allowing us to challenge incumbents in areas we were not competitive: Mphasis CEO


GenAI is allowing us to challenge incumbents in areas we were not competitive: Mphasis CEO
GenAI is allowing us to challenge incumbents in areas we were not competitive: Mphasis CEO

Synopsis

In an exclusive interview with ET Prime, Mphasis CEO Nitin Rakesh talks about the slowdown in the banking and finance business, the company’s rebound commentary, AI deals, and much more.

Mid-tier IT services company Mphasis has seen a sharp rebound in its banking and financial services (BFS) business and expects this to help it grow above industry levels in FY25, even though analysts have long been skeptical about its prospects. Mphasis CEO Nitin Rakesh told ET Prime the company’s rebound commentary was ahead of peers because of its…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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