Latest news with #SoftwareDevelopmentLifeCycle
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Business Standard
3 days ago
- Business
- Business Standard
GenAI disrupts software ADM market, 10-15% of IT services revenue at risk
As the debate continues over the revenue-generating potential of generative AI (GenAI), one thing is becoming increasingly clear: its impact on the Software Development Life Cycle (SDLC) — and by extension, Application Development and Maintenance (ADM) — is already being felt in measurable ways. According to a report from Motilal Oswal Financial Services, ADM, which makes up an estimated 35–45 per cent of the IT services industry's revenue, is emerging as ground zero for GenAI's most immediate and tangible productivity gains. For IT services firms, this translates to a structural challenge. "Our research suggests an approximately 40 per cent productivity gain from enterprise-wide implementation of GenAI Copilot, putting about 10-15 per cent of IT services revenues at risk,' wrote the report's authors Abhishek Pathak, Keval Bhagat, and Tushar Dhonde. Another report from Kotak Institutional Equites also added that adoption of AI has increased in select use cases. The report also noted that efficiencies from AI adoption in use cases such as software engineering can be significant. 'Copilot with GitHub and Claude are commonly used tools for coding. Use cases are pretty high in application services (both development and maintenance), content generation and BPO services. Clients are not resisting usage of generative AI tools due to concerns around the technology; instead, they are encouraging vendors to adopt generative AI in such use cases,' the Kotak report pointed out. Some of the work within SDLC that is being immediately impacted includes low-level coding or routine feature work, code review and testing, debugging & incident response, and security fixes. In a recent story by Business Standard on impact of AI on testing, it was found that as more and more code is being written by AI, it has raised questions about the future of traditional testing engineers, establishing the need for them to reskill quickly to stay relevant. Motilal Oswal's analysis noted that GenAI tools like Copilot drive around 55 per cent efficiency in repetitive coding tasks, translating to 11 per cent of total ADM hours saved. Similarly, automated suggestions and AI-generated test cases reduce effort by about 40 per cent, resulting in overall time savings of 8 per cent. The findings were discussed in a recent industry session featuring Saurabh Gupta from HFS Research, who emphasised that the days of relying on anecdotal GenAI success stories are over. 'Large enterprises are encountering the law of diminishing returns. The limits of offshoring have been reached, and jumping into a new "S-curve" of value creation is increasing,' he said. In the near term, companies that fail to deploy GenAI internally at scale risk being undercut by more efficient rivals. But in the long run, the bigger question is how the industry can reinvent itself when one of its largest revenue pools becomes significantly less labour-intensive. Analysts also highlighted that the current shift towards AI is replicating the shift the industry went through from legacy to digital. The industry is facing productivity and pricing pressure in the ADM and core IT services, but the revenue uplift from GenAI is yet to happen.
Mint
23-04-2025
- Business
- Mint
Deloitte Internship 2025: Earn ₹30,000 monthly stipend! Check eligibility, duration, role & more: How to apply?
Deloitte Internship 2025: Deloitte India has announced the launch of its 2025 internship programme at the Digital Excellence Centre (DEC), which offers final-year students and recent graduates from Computer Science and related technical backgrounds to gain hands-on experience while earning a monthly stipend of ₹ 30,000. The DEC is Deloitte's innovation hub, bringing together experts in software development, UX design, data science, and digital strategy. Interns selected for the program will collaborate with cross-functional teams to design, develop, and test business applications for global clients. This initiative aims to bridge the gap between academic learning and industry demands, enhancing employability for aspiring tech professionals. Applicants must be well-versed in both manual and automated testing, with working knowledge of bug-tracking tools like JIRA and a strong understanding of the Software Development Life Cycle (SDLC). In addition to technical skills, Deloitte values candidates who demonstrate strong communication, analytical thinking, teamwork, and a willingness to learn. Participation in coding competitions, tech bootcamps, student technical clubs, or freelance development projects can enhance a candidate's profile. A clearly structured resume highlighting relevant skills, academic achievements, and project work is highly recommended. Beyond the Stipend: Learning, mentorship & career opportunities Interns will undergo a formal onboarding process and gain access to online learning modules via Deloitte University. Additional benefits include professional mentorship, client interaction, and networking opportunities. Those who successfully complete the internship will receive a certificate, and top performers may be considered for full-time roles upon graduation. Structured onboarding and mentorship from industry expertsAccess to Deloitte University's online learning resourcesNetworking opportunities with professionals and clientsA certificate of completion upon finishing the internship Potential full-time employment offers for outstanding performers Step 1 – Revise the resume to document technical skills, academic qualifications, and project exposure Step 2 – Get hold of supporting documents like mark sheets, identification proofs, and certificates Step 3 – Submit your application online on the Deloitte Careers Portal by searching under "QA Engineer Intern" Step 4 – Proceed through the selection process, an online test, a technical interview, and an HR interview The duration of the internship varies from two to six months, depending on the project. Final-year students are entitled to apply. Although prior internship experience is not mandatory, hands-on experience with tech tools and platforms is a plus. The work mode can be different depending on the project requirements and place, ranging from hybrid to on-site.
Mint
23-04-2025
- Business
- Mint
Deloitte Internship 2025: Earn ₹30,000 monthly stipend! Check eligibility, duration, role & more: How to apply?
Deloitte Internship 2025: Deloitte India has announced the launch of its 2025 internship programme at the Digital Excellence Centre (DEC), which offers final-year students and recent graduates from Computer Science and related technical backgrounds to gain hands-on experience while earning a monthly stipend of ₹ 30,000. The DEC is Deloitte's innovation hub, bringing together experts in software development, UX design, data science, and digital strategy. Interns selected for the program will collaborate with cross-functional teams to design, develop, and test business applications for global clients. This initiative aims to bridge the gap between academic learning and industry demands, enhancing employability for aspiring tech professionals. Applicants must be well-versed in both manual and automated testing, with working knowledge of bug-tracking tools like JIRA and a strong understanding of the Software Development Life Cycle (SDLC). In addition to technical skills, Deloitte values candidates who demonstrate strong communication, analytical thinking, teamwork, and a willingness to learn. Participation in coding competitions, tech bootcamps, student technical clubs, or freelance development projects can enhance a candidate's profile. A clearly structured resume highlighting relevant skills, academic achievements, and project work is highly recommended. Beyond the Stipend: Learning, mentorship & career opportunities Interns will undergo a formal onboarding process and gain access to online learning modules via Deloitte University. Additional benefits include professional mentorship, client interaction, and networking opportunities. Those who successfully complete the internship will receive a certificate, and top performers may be considered for full-time roles upon graduation. Structured onboarding and mentorship from industry expertsAccess to Deloitte University's online learning resourcesNetworking opportunities with professionals and clientsA certificate of completion upon finishing the internship Potential full-time employment offers for outstanding performers Step 1 – Revise the resume to document technical skills, academic qualifications, and project exposure Step 2 – Get hold of supporting documents like mark sheets, identification proofs, and certificates Step 3 – Submit your application online on the Deloitte Careers Portal by searching under "QA Engineer Intern" Step 4 – Proceed through the selection process, an online test, a technical interview, and an HR interview The duration of the internship varies from two to six months, depending on the project. Final-year students are entitled to apply. Although prior internship experience is not mandatory, hands-on experience with tech tools and platforms is a plus. The work mode can be different depending on the project requirements and place, ranging from hybrid to on-site. This internship is a great chance for future tech professionals to develop industry-specific experience with one of the world's top consulting companies. First Published: 23 Apr 2025, 03:50 PM IST
