Key takeaways
- LTIMindtree appoints Nachiket Deshpande as President of Global AI Services, enhancing leadership in AI strategy.
- Deshpande will oversee AI business strategies, research and development, and partnerships from New York.
- He was a top contender for CEO before Venu Lambu's appointment, indicating his strong influence in the company.
- Deshpande emphasizes seamless AI integration into existing workflows, focusing on practical AI applications.
- LTIMindtree's AI philosophy centers on three pillars: AI in everything, everything for AI, and AI for everyone.
LTIMindtree has appointed its chief operating officer, Nachiket Deshpande, as the president of its AI services division under newly appointed CEO Venu Lambu.
In his new role, Deshpande—who also serves as a board member—will oversee AI business strategies, mergers and acquisitions, research and development, and partnerships, according to his LinkedIn profile. He will be based in New York.
Deshpande was previously a leading contender to succeed outgoing CEO Debashis Chatterjee before the position was awarded to Lambu. Meanwhile, the role of COO may not continue, as seen in companies like Infosys and TCS.
Deshpande, who previously spent nearly two decades at Cognizant, joined LTIMindtree in 2022 following the merger of L&T Infotech and Mindtree.
While earlier speaking with AIM, Deshpande expressed his interest in generative AI. Commenting on the recent deal with Voicing AI, in which LTIMindtree committed $6 million to build human-like AI voice agents, Deshpande said, “There are so many startups that are coming all around the world. We would want to leverage those startups for those technologies that are coming up.”
Elaborating on the philosophy that LTIMindtree follows when it comes to AI, Deshpande said the company stands on three pillars: AI in everything, everything for AI, and AI for everyone.
He added that AI solutions must integrate seamlessly into users’ existing workflows. For example, if someone uses SAP, ServiceNow, or Outlook daily, the AI solution should meet them there; not as a separate platform. “This is what we refer to as the co-pilot approach, ensuring AI systems are agentic, API-driven, and omnipresent.”
These are just a few of the examples. One of the most successful generative AI applications by LTIMindtree is Canvas, which is a platform specifically designed to take AI-driven ideas into production. Deshpande said that over 13 customers live on the platform, which integrates seamlessly with their other AI investments.
“I predict every single dollar of revenue will have a generative AI component embedded in it,” he revealed.
