LTIMindtree launches Canvas.ai; stock trades flat

LTIMindtree launched Canvas.ai, an enterprise-ready generative AI platform designed to accelerate the concept-to-value journey for businesses using mindful AI principles. The platform-based architecture of Canvas.ai caters to the business requirements of three key personas – creators who build the generative AI solutions, admins who manage, and users who consume governed generative AI solutions.

Debashis Chatterjee, Chief Executive Officer and Managing Director at LTIMindtree said, “Generative AI is a seminal trend that is slating the next phase of autonomous enterprises. Through our 4E model of Educate, Experience, Explore and Employ, we remain invested in helping our clients adopt and adapt generative AI ways of working.”

“We are happy to note that several global clients are already leveraging Canvas.ai to solve for unique business needs in their journey towards digital transformation and cutting-edge experience, Debashis Chatterjee” added.

Canvas.ai guarantees up to a 40-50% reduction in time and effort for app modernization and cloud migration programs, the company said in the filing.

Source: Media reports