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LTIMindtree shares in focus after launch of BlueVerse AI ecosystem for enterprises
LTIMindtree shares in focus after launch of BlueVerse AI ecosystem for enterprises

Economic Times

time12 hours ago

  • Business
  • Economic Times

LTIMindtree shares in focus after launch of BlueVerse AI ecosystem for enterprises

LTIMindtree shares will be in focus on Friday after the company announced the launch of BlueVerse, a new business unit offering a suite of artificial intelligence (AI) services and solutions for enterprises. ADVERTISEMENT The BlueVerse Marketplace currently features over 300 industry- and function-specific AI agents. It also includes productised services built on repeatable frameworks, accelerators, and sector-specific solution kits. At launch, the unit will offer pre-built solutions for marketing services and contact centre as a service (CCaaS), the latter leveraging context-aware AI agents to improve efficiency. The ecosystem also includes BlueVerse Foundry, which features a no-code designer and a flexible pro-code editor to help users build and deploy AI agents, tools, assistants, RAG (Retrieval-Augmented Generation) pipelines, and intelligent business processes. "BlueVerse is all about unlocking productivity for businesses at different levels by embedding AI across all functions of the enterprise. Backed by a strategic partnership ecosystem and deep AI expertise, it positions LTIMindtree as the partner of choice for future-ready organisations." said Venu Lambu, chief executive officer and managing director at LTIMindtree. Also Read: These 9 Nifty Microcap Index stocks trading below industry PE may rally up to 42% According to Trendlyne, the average target price for LTIMindtree is Rs 4,945, indicating a potential downside of around 8% from current levels. Of the 40 analysts tracking the stock, the consensus rating is 'Buy'. ADVERTISEMENT On the technical front, the stock's Relative Strength Index (RSI) stands at 65.3, indicating neutral momentum. The Moving Average Convergence Divergence (MACD) is at 155.2 — above both the centre and signal lines, which is seen as a bullish signal. Also Read: 8 debt-free penny stocks that surged 110-300% in the last 1 year. Do you own any? ADVERTISEMENT LTIMindtree shares closed 1.4% lower at Rs 5,371 on the BSE on Thursday. The stock has declined 5% year-to-date and is down 14% over the past six months. The company's current market capitalisation stands at Rs 1,59,170 crore. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)

Tech firm LTIMindtree unveils new business unit ‘BlueVerse' for AI ecosystem
Tech firm LTIMindtree unveils new business unit ‘BlueVerse' for AI ecosystem

The Hindu

time16 hours ago

  • Business
  • The Hindu

Tech firm LTIMindtree unveils new business unit ‘BlueVerse' for AI ecosystem

LTIMindtree, an L&T-owned technology firm, has unveiled a new business unit and a suite of AI services and solutions called BlueVerse. Designed as a complete AI ecosystem, BlueVerse will help enterprises accelerate AI concept-to-value journey, claimed the company in a release. 300 AI agents According to a company communique, the BlueVerse Marketplace currently has more than 300 industry and function—specific agents and ensures seamless interoperability and a growing connector ecosystem. It is underpinned by responsible AI governance, delivering enterprise-grade trust and scalability. Venu Lambu, chief executive officer and managing director, LTIMindtree said, 'BlueVerse is all about unlocking productivity for businesses at different levels by embedding AI across all functions of the enterprise. Backed by a strategic partnership ecosystem and deep AI expertise, it positions LTIMindtree as the partner of choice for future-ready organisations.'

LTIMindtree rolls out AI business unit
LTIMindtree rolls out AI business unit

Time of India

time21 hours ago

  • Business
  • Time of India

LTIMindtree rolls out AI business unit

Bengaluru: LTIMindtree launched a new business unit and suite of AI services called BlueVerse. Designed as a complete AI ecosystem, it helps enterprises accelerate their AI concept-to-value journey. BlueVerse Marketplace, for instance, currently has over 300 industry and function-specific agents and ensures seamless interoperability and a growing connector ecosystem. It is underpinned by responsible AI governance, delivering enterprise-grade trust and Productized Services utilise repeatable frameworks, accelerators, and industry-specific solution kits. At launch, BlueVerse will offer pre-built solutions for Marketing Services and Contact Centre as a Service (CCaaS). This ecosystem also includes BlueVerse Foundry, an intuitive no-code designer and flexible pro-code editor that can enable enterprises to quickly compose and deploy AI agents, AI tools, assistants, retrieval-augmented generation (RAG) pipelines, and intelligent business processes. Venu Lambu, CEO and MD of LTIMindtree, said, "BlueVerse is all about unlocking productivity for businesses at different levels by embedding AI across all functions of the enterprise." "BlueVerse will enable our clients to unlock new sources of value, streamline operations, and stay ahead in an AI-driven world," said Nachiket Deshpande, president, global AI services, strategic deals and partnerships.

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