Tablet market grows 129% in Q2 of 2024; Infosys expands AI collaboration with NVIDIA

Indian tablet market rises by 129% in Q2 of 2024: IDC

The Indian tablet market (inclusive of detachable and slates) shipped 1.84 million units in the second quarter of 2024, up 128.8% year-over-year (YoY) according to new data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. Along with the fulfillment of the Uttar Pradesh education manifesto deal in 2Q24, abnormally low shipments in the commercial segment in 2Q23 also pertained to a high YoY growth rate of the India tablet market in the second quarter of 2024. While the slate tablet market grew by 178.1% YoY, the detachable tablet grew by 23.6% YoY.

In 2Q 2024, the consumer segment grew by 27.5% YoY due to high vendor sell-in and strong demand during e-tail summer sales in May. The commercial segment grew by 279.7% YoY on the back of 455.1% YoY growth in the education segment while the enterprise segment grew by 52.5% YoY.

“The consumer segment had a third consecutive quarter of YoY growth. There has been increased demand for tablets priced at $200-$300 as vendors are introducing products with good specifications in this relatively affordable price range. Discounts and cashbacks make the purchases more lucrative, leading to robust demand for consumer tablets, and this trend is expected to continue in the near future,” said Priyansh Tiwari, Research Analyst, Devices Research, IDC India & South Asia.

Infosys expands AI collaboration with NVIDIA

Infosys has announced the expansion of its collaboration with NVIDIA for AI-powered, customer-centric solutions to drive innovation and operational excellence for telcos. Leveraging Infosys Topaz, the collaboration is aimed at helping telcos enhance their customer experiences, streamline network operations, and accelerate service delivery.

Infosys developed three generative AI solutions, all of which are powered by Infosys Topaz, using NVIDIA NIM inference microservices, NVIDIA NeMo Retriever embedding models, and NeMo Guardrails to customize and deploy generative AI telco domain-specific LLM models. Infosys Topaz also uses NVIDIA Riva for building real-time conversational AI pipelines that allow for real-time transcription and translations for call center agents.

AI adoption in India to grow 25-35%: Nasscom study

The 2024 AI Adoption Index study by Nasscom in partnership with EY has said the growth of the Indian AI market is still in its nascent stage but is expected to mirror the global AI market growth rate of 25-35% over the next 3-4 years.

The 2024 AI Adoption Index 2.0 surveyed 500 companies across seven sectors — BFSI, CPG and Retail, Healthcare, Telecom, Media and Entertainment, Energy and Utilities, Manufacturing, and Transport and Logistics — covering 75% of India's GDP.

According to the study, while India’s overall AI adoption maturity index remains at 2.47 on a 4-point scale, a marginal increase from the 2022 score of 2.45, several key trends are shaping India's AI landscape. Majority of Indian organisations are progressing to the mid-level maturity stage, with defined AI strategies and initial implementation of select use cases, aiming to scale these solutions further. Around 75% of the surveyed organisations have AI strategy defined at PoC level, while 40% of the surveyed organisations show moderate to high maturity in PoC-to-production.

Despite a slowdown in tech spending, AI budgets remain strong, with 40% of companies having dedicated AI funds and 64% allocating at least 5% of their tech budget to AI. However, while India is a major talent hub for AI, enterprises struggle to find domain-specific and strategic AI expertise, often starting with "AI-as-a-service" models.

TCS extends partnership with Primark

Tata Consultancy Services (TCS) has extended its partnership with Primark, an international fashion retailer across 17 countries in Europe and the US. Over the next five years, TCS will help change Primark’s technology operations to support the retailer’s ambitious plans for global growth.

TCS has been working with Primark since 2016. As part of this expanded partnership, TCS will help transform Primark’s technology operating environment to make it more resilient, reliable, and efficient. By supporting Primark’s transformation journey, TCS will help reduce time-to-market for the retailer, aligning with its strategies for future growth.

TCS will help Primark adopt a more agile and product-based operating model by enabling automation through intelligent automation and DevOps technologies. This new operating model will integrate and optimise application development, testing and maintenance processes.

Sonata Software bags order from US healthcare company

Sonata Software has announced that it has been chosen as a strategic IT outsourcing partner by a US-based healthcare and wellness company.

As part of the collaboration, Sonata Software will support the client in achieving dual objectives: optimising IT budgets and cost efficiencies through systemic improvements and engineering levers and modernizing their technology landscape by leveraging enterprise data, artificial intelligence, and hyper-automation across patient-facing systems, and back-office operations.