| | JUNE 20249FPT SOFTWARE & SQLI TEAMUP TO ADVANCE DIGITAL TRANSFORMATIONFPT Software, a global technology company, and SQLI, a European digital services organization, recently signed a Memorandum of Understanding (MoU) to target the aviation market. The partnership's goal is to accelerate digital transformation in the aviation industry by boosting operational efficiency, sustainability, safety, and customer experience through innovative digital solutions.As per MoU, the two companies will trial specific initiatives for common clientele while actively looking for future opportunities. Using FPT Software's strong technological capabilities and SQLI's expertise in customer experience solutions, the two companies will collaborate on customer relationship management, airline e-commerce channels, customer communication platforms, and other areas. The alliance is projected to boost airline passenger happiness, loyalty, and advocacy by providing best-in-class digital customer experiences, resulting in additional revenue and long-term success for commercial airlines globally.FPT Software, with over a decade of industry experience and more than 200 highly qualified aviation data engineers, is a key technology enabler in this area. The IT firm has also built a strong partnership network with major airlines in Europe, the United States, and Vietnam. Its aviation clients include more than 100 airlines, airports, air cargo service providers, and aircraft manufacturers. Notably, FPT Software has been a vital partner to the aerospace giant Airbus and its Skywise platform, and it has lately worked with the European Union Aviation Safety Agency (EASA) on the adoption of new aviation technologies.The IT firm has been helping to change the sector towards a more innovative and sustainable future by boosting safety standards and improving fluid consumption, operational expenses, and operations across multiple roles. Generative artificial intelligence (GenAI) has huge potential that can improve on human existence and make people more useful, Infosys chairman Nandan Nilekani said, as he played down risks related with the quick arising innovation.In the product exporter's yearly report for the monetary year ended March 2024, Nilekani said that fears regarding the ascent of artificial intelligence causing human extinction have descended, as there is more noteworthy clearness on the innovation now than 18 months ago."People have accepted that, like any other general-purpose technology, be it electricity, nuclear energy, the internet or even a discovery like fire, Gen AI has enormous potential for good when explored and advanced within the guardrails of responsibility," said Nilekani in a letter that's part of Infosys' FY24 annual report.The Infosys co-founder added that consumer AI would vary from big business AI, as the previous could be bundled in manners that would improve on human existence and make it more useful."Not unlike the smartphone that brought the magic of apps and touchscreen to billions, consumer AI will push the envelope of usability, convenience, and accessibility for everyone," said Nilekani in his letter.Enterprise AI, then again, would prompt a test as enterprises would need to orchestrate information inside their frameworks so it is consumable by AI, said Nilekani, adding that the information result would must be figured out how to guarantee factual responses and insights. GENAI HAS ENORMOUS POTENTIAL, PLAYS DOWN RISKS: INFOSYS CHAIRMAN
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