At present, the top 10 Indian IT service companies together have around 450 gen AI projects and PoCs in the pipeline, according to data accessed by Moneycontrol from market intelligence firm UnearthInsight. In contrast, global rival Accenture alone as of its first quarter (it follows a September-August financial year) has a pipeline worth $450 million and an estimated 450 projects and PoCs.
Peter Bendor-Samuel said that till date the revenue generated for services firms from Gen AI has been modest. He doesn’t view the $450-million pipeline from Accenture as indicative that it will be ultimately able to unleash a gusher of revenue from generative AI.
