Mphasis sees large deals in GenAI space

Mphasis, a mid-tier IT solutions provider, is seeing large deal activity in the GenAI and AI space, with the transformation projects potentially spanning two to three years, Nitin Rakesh, CEO of Mphasis told FE.

“A third of our pipeline right now is AI influenced—a pretty big jump. We do expect that almost every technology tribe that we have and of course every solution will see AI creeping into it,” he added.