Podcasts

Tech Transformation: The Gen AI / AGI Impact on GCC and Indian Tech

GCCs and the Indian tech ecosystem are on the brink of transformation due to changing tech dynamics driven by technologies like Gen AI and AGI. See what George, a top Indian GCC leader, has to say about the imminent transformations and the future of GCCs in India.

Introduction

The evolution of AI/AGI technologies is happening in the blink of an eye. With GCCs evolving to lead innovations, there is a massive transformation waiting to be unleashed. Our latest podcast on Hyreo Rise revolves around this interesting topic, and we had George Inasu, MD & Country Head at FNF India, sharing his insights on the same. Fidelity National Financial, a Fortune 500 company listed in the US and an Indian GCC since 2005, is the largest provider of title insurance in the US, holding a 31% market share.

Main Discussed Topics

Evolving as innovation partners, GCCs are becoming increasingly important as emerging trends and technologies like cloud, AI, and LLM gain traction, creating a space where they are still relatively inexperienced. When asked about major trends that caught his attention, George admitted he was initially skeptical of innovations like blockchain, cryptocurrencies, and robotic process automation (RPA), believing they might disappear once the hype subsided. However, after the GCC tested some of the latest trends through a pilot program using LLM and Gen AI-driven technologies, they achieved results that far surpassed what could have been accomplished with traditional machine learning. 

GCCs are still experimenting with technologies like LLM; more mature parent organizations are pushing innovation and technology divisions to explore the latest advancements. Indian GCCs also demonstrate this openness, having already undertaken AI and ML projects that start as small pilots led by a small team and later scale into larger initiatives. According to George, one factor hindering mass adoption is that GCC leaders have yet to fully grasp the technology or see its immediate, practical impact. In his view, India is prime for this transformation, with mass adoption likely within a year. While financial companies are typically slower to adopt such technologies due to security concerns, they will eventually follow suit as LLM models evolve to address data security. Adoption is inevitable, no matter the challenges.  

Though innovation and R&D groups in each GCC operate differently, the Indian ecosystem offers the flexibility to experiment. Initially, there may be security guardrails in place, but eventually, leaders will adopt these technologies as they come to understand their impacts. For tech providers selling LLM or similar products, presenting the right technology is more critical than focusing on price. Industries, especially finance, have already tested the latest technologies and won’t settle for anything previously tried or underperforming. Another challenge is the talent strategy, which will need to evolve to attract and retain highly skilled professionals who understand both business and technology. 

Conclusion

When asked to predict the top three trends related to AI-led technology, adoption, or business integration in the GCC community, George highlighted the following: 

  1. Over the next five years, LLM will become dominant by evolving further and enhancing business efficiency. Those who fail to keep pace will fall behind in this human-plus-AI era. 
  1. Increased productivity, particularly in software development cycles, will reduce the need for talent as requirements become more specific. 
  1. While new AI and LLM-based trends and technologies will drive innovation and realignment, they may not entirely replace existing methods. 

About Speaker

George Inasu

George Inasu is the Managing Director and Country Head at the Indian subsidiary of Fidelity National Financial Inc., a Fortune 500 company. With over two decades of leadership and management experience in the financial sector, he has held various roles, including Chief Operating Officer and Vice President of Global Operations at FNF. George was recognized as one of the Top 25 GCC Heads in India for 2024. 

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