Coforge and Microsoft Azure OpenAI Service Partner For Digital Services

CIOTechOutlook Team | Friday, 22 December 2023, 02:23 IST

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Coforge, an Indian IT services provider, has teamed with Microsoft Azure OpenAI Service to allow the adoption of generative artificial intelligence (AI) across enterprises to enable creative problem-solving and process optimization at scale.
 
“They enhance decision-making with data-driven insights, elevate customer interactions, streamline operations, and accelerate digital transformation efforts. This collaboration between Coforge and Microsoft empowers enterprises to embrace AI's potential for growth and efficiency across various aspects of their operations,” Coforge said in a statement.
 
Noida-based Coforge (formerly NIIT Technologies) also offers Gen AI solutions on the Azure Marketplace. As part of the collaboration, Coforge will be rolling out specialised workshops, training sessions, and resources to help enterprises understand the benefits of generative AI and successfully implement it in their operations, the company further said, as per economic times.
 
The latest announcement follows the recent launch of Coforge Quasar, a Gen AI platform geared to build enterprise AI capabilities. It includes a comprehensive set of APIs that are ready for integration. Coforge has also just introduced Quasar Responsible AI, a holistic solution aimed at making AI-based products ethical, fair, transparent, and regulatory compliant.
 
“Coforge's collaboration with Microsoft to develop generative AI solutions marks a significant milestone in our journey to transform enterprise possibilities. Benefitting from Microsoft Azure OpenAI Service, we are committed to delivering innovative solutions that empower businesses to embrace AI-driven transformation,” said Vic Gupta, executive vice president, Microsoft business unit, Coforge.
 
The company recorded a 10% decline in total net profit in the second quarter ending September 2023, at Rs 181 crore, compared to Rs 201 crore in Q2 FY23. Meanwhile, its total sales increased 16% to Rs 2,276 crore, up from Rs 1,959 crore the previous year. On a sequential basis, net profit increased by around 2.5%, while revenue increased by 9.6%.
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