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FORWARD DEPLOYED ENGINEERS

ET Product of the Year Awards 2026: Categories recognising products driving market impact

The Economic Times Product of the Year Awards 2026 celebrate cutting-edge innovations that make a substantial difference in the market and attract customer loyalty across diverse industries. Categories feature Enterprise SaaS, FinTech, Cybersecurity, as well as consumer goods such as banking solutions and smartphones. Judging criteria prioritize market presence, adoption rates, creativity, and execution excellence, with an emphasis on quantifiable achievements.

Digital payments firms race to fortify defences as cyberattacks intensify

At Bengaluru-based Cashfree, attempted attacks have been taking place repeatedly over the past three weeks, occurring at least 10 times as frequently as a year ago, chief technology officer Ramkumar Venkatesan told ET. Attackers are increasingly combining multiple vulnerabilities to attack systems, he said.

AI could wipe out $200 billion of IT services work by 2030: BCG

BCG’s Sreyssha George says Indian IT firms will have to rethink how they price work, hire freshers and pay AI talent, as clients move from paying for headcount to paying for outcomes.

AI led services to generate up to $200 billion in new work by 2030: BCG report

A recent report highlights the transformative impact of artificial intelligence-led services on the job market, predicting significant workforce expansion by 2030. It estimates the global services market will surge from $ 1.6-1.7 trillion to a remarkable $ 2.2-2.4 trillion. To leverage this growth, technology employees must undergo reskilling. Up to 40 new Applied AI roles may emerge, but organizations risk increased expenses by seeking external hires for these specialized jobs.

Amazon asks engineers to reconnect with customers as AI reshapes software development

A company-wide memo also suggested managers to look closely at teams using the least and the most AI; understand what holds back adoption and whether heavy users deliver more.

Anthropic IPO: What 12 AI terms should investors know before buying shares amid $16.3 billion revenue and an $80.7 billion loss?

Anthropic's planned IPO could attract investors who want to benefit from the growth of artificial intelligence. But understanding the company's business will require more than looking at its revenue, losses and expected valuation. Its prospectus also uses technical terms that explain how its AI systems work, how the company trains its models and what risks it faces.

• Go To Page 1ETMarkets Smart Talk: Smallcap investors should consider a five-year SIP horizon amid volatility: Sorbh GuptaIn an interview with Kshitij Anand of ETMarkets, Sorbh Gupta, Head of Equity at Bajaj Asset Management Limited, says investors considering smallcap exposure could look at a five-year SIP horizon, depending on their risk appetite and financial goals. He also explains why market volatility may persist in the near term, where valuations look more attractive, and how investors should approach fresh investments amid global uncertainties.88% Indian firms want FDEs by 2030; only 1% of engineers fit the bill: Scaler-CMR reportAccording to India's FDE Opportunity Report, enterprises are hiring for AI deployment and customer-facing skills, but those are the skills engineers lack most.58% of engineers want FDE roles, but 90% lack upskilling roadmap: ReportA report reveals that nearly 58 percent of engineers desire to transition into forward-deployed engineering roles. Despite this interest, nine in ten engineers are not aware of pathways for upskilling. Furthermore, most engineers feel unclear about the FDE role and career advancement opportunities. Indian enterprises are anticipating a growing demand for FDEs by 2030, particularly in multinational companies.Jio IPO beyond telecom: Why the Ambanis are pitching AI, cloud and 7,220 patents as Jio’s tech futureJio Platforms ₹30,213 crore IPO marks a significant shift toward technology-driven digital services. With a focus on leveraging its connectivity through AI and cloud technologies, the company is also highlighting its extensive patent holdings. While Reliance Jio Infocomm continues to generate substantial revenue, the company aspires to broaden its reach into enterprise solutions and diverse digital products.ETMarkets Smart Talk| India’s next wealth creators may be hidden in specialised manufacturing and energy infrastructure: Paresh BhagatParesh Bhagat, Chairman of Mangal Keshav Financial Services, discusses where India’s next wealth creators could emerge from, why several mid- and smallcap stocks remain priced for strong future growth, and how investors can distinguish expensive growth stories from genuine long-term compounders. He also explains why valuation discipline matters, whether largecaps are becoming more attractive, and what investors should look for when identifying smaller companies that could grow into tomorrow’s market leaders.In 2026, Kofi Asante-led Bluecore Energy raised $50 million to put small nuclear reactors on floating bargesA nuclear power plant that floats on water and sends electricity to shore may sound unusual, but one startup wants to make it a reality. Bluecore Energy, led by founder and CEO Kofi Asante, has raised $50 million to develop small nuclear reactors mounted on floating barges. The California-based company sees potential customers in AI data centers, ports and remote coastal communities that need reliable power.Software majors add more hands in Q2 on deal wins, growth optimismData showed the top six had added a net 5,500 to their rolls in the April-June quarter. Employee data of Infosys, the country’s second-largest software exporter, isn’t included in these calculations as the company is due to announce earnings on October 23 and hasn’t shared its latest manpower data.Don’t build your career around a tool that may not survive: Oracle’s Sanjeev ChauhanOracle’s cloud engineering head says AI is taking over routine infrastructure work, and engineers will need to move from tuning individual systems to designing how entire systems work together.How are Yemen's Houthis attacking Saudi Arabia so effectively?Houthi attacks on Riyadh airport and Saudi Aramco’s headquarters have exposed vulnerabilities in Saudi Arabia’s air defences, threatening its ambitions to attract foreign investment and diversify its economy. Experts cited by Reuters point to Iran-backed weapons development, increasingly self-sufficient Houthi production capabilities, depleted US interceptor stocks and the group’s growing combat experience.US startup plans to sell sunlight at night with help from India's Skyroot AerospaceReflect Orbital is revolutionizing nighttime visibility by launching satellites to deliver on-demand sunlight. In collaboration with Skyroot Aerospace, they plan two launches using Vikram rockets. This groundbreaking service promises to aid disaster relief efforts, brighten industrial areas, and improve public events. Recently receiving Federal Communications Commission approval for a demonstration satellite, the initiative sparks discussion on its environmental implications relating to artificial lighting.AI Young Leader of the Year: Recognising the next generation of AI leadershipAI is opening new routes into entrepreneurship, product development and technical leadership for younger professionals. The AI Young Leader of the Year category at the ET AI Awards 2027 recognises individuals under 30 whose work demonstrates innovation, sound execution and measurable impact across AI research, products and business applications.Healthtech startup Confido Health raises $12.5 million in funding led by Z47Founded in 2022 by Chetan Reddy and Vichar Shroff, Confido Health develops artificial intelligence (AI) agents that automate administrative tasks for healthcare providers, including patient calls, appointment scheduling, insurance verification, prescription refills and payment follow-ups.‘AI agents will need solid data foundation to deliver results’Fragmented data pipeline traps AI tools inside corporate silos, Databricks JAPAC head Simon Davies tells Tanya Pandey & Surabhi Agarwal. When moving from pilot to production, organisations realise that without a solid data foundation, it is hard to understand the real implications agentic capabilities will have on the organisation, Davies said.HCL Tech dividend alert! IT major declares Rs 12 interim dividend for FY27; Q2 profit jumps 21% YoY to Rs 5,132 croreHCLTech has declared an interim dividend of Rs 12 per share for FY27, with October 16 set as the record date and October 26 as the payment date. The IT major reported a 21% year-on-year rise in Q2 net profit to Rs 5,132 crore and announced a global partnership with Anthropic.Daniel Dsouza joins Anthropic's founding Applied AI team in IndiaDaniel Dsouza is set to make waves at Anthropic, a pioneering AI safety and research firm, as a key member of its inaugural team in India. Previously the head of AI at JoulesToWatts, he concentrated on enterprise AI solutions. Co-founding SmaLLM earlier in his career, he sought advancements in small language models.PLTR stock jumps 4% after Goldman Sachs upgrades Palantir to Buy with $230 target, but the valuation debate is far from overPalantir stock jumps after Goldman Sachs upgrade: Palantir Technologies shares rose Thursday after Goldman Sachs upgraded the stock to Buy from Neutral and set a $230 12-month price target. PLTR shares rose roughly 4% today.Kandla Port courts global hydrogen firms for green-fuel, shipping projectsThe Kandla Forum 2026, hosted by Deendayal Port Authority, brought together over 200 professionals from the clean-energy sector, both globally and locally, to foster investments in green fuel and innovative technologies. The forum focused on enhancing Kandla's green-hydrogen infrastructure for maritime applications, showcasing cutting-edge solutions through a technology exhibition. This event signifies a crucial stride towards achieving India's green-energy objectives and minimizing carbon footprints.Indian Army preparing for high-altitude drone warfare, orders 225 FPV drone capable of operating in HimalyasThe Army’s latest drone procurement comes after rigorous trials in extreme Himalayan conditions, where FPV systems were assessed for their ability to function at elevations reaching 17,500 feet. The 225-drone order highlights the military’s expanding reliance on unmanned platforms for operations in high-altitude areas, where low oxygen levels, freezing temperatures, mountainous terrain and unreliable communications can limit conventional equipment.ITC Infotech launches 'VANGUARDS': An elite forward- deployed engineering cadre to accelerate enterprise AI transformationITC Infotech has launched the VANGUARDS program aimed at fostering high-potential engineers to drive AI transformation. This program connects technical expertise with business needs to achieve measurable outcomes. VANGUARDS engineers will work directly within client environments to enhance innovation and improve alignment between teams. The initiative reflects a shift from experimentation to scalable execution of AI solutions. Organizations can expect improved speed in realizing AI investments to achieve business impact.‘Expatriates may bring their families to the Kingdom’; Saudi Arabia refreshes family visa processSaudi Arabia has introduced a new family visa process for skilled Indian professionals moving to the Kingdom. Eligible workers can now apply for entry visas for family members while their work visa procedures are being finalized. This change allows families to join the skilled expatriate workers sooner than before. Eligible dependents include spouses, sons under 25, and unmarried daughters.ElevenLabs hears a global tune in Indian voice AI deploymentsElevenLabs, recently valued at $22 billion, is expanding its research, engineering, and deployment teams in the country, which is now its second-largest market, with over 250 enterprise clients. Staniszewski expects voice agents to move beyond customer support into sales and operations, with India potentially leading some of those applications.ElevenLabs deepens India push, targets all 22 Indian languages on its voice AI platform: cofounder Mati StaniszewskiThe company currently supports 14 Indian languages on its latest text-to-speech (TTS) model, Eleven V4, which was launched last week, Mati Staniszewski, cofounder and CEO of ElevenLabs, said at the company’s Bengaluru Summit on October 6.Claude comes closer to India’s data: Anthropic brings in-country inference to AWSAnthropic has introduced in-country inference for its Claude models in India through Amazon Bedrock. This service allows sensitive AI workloads to be processed on servers located within the country. Financial institutions and large enterprises in regulated sectors can now use Claude while complying with local data-residency requirements. The introduction of this technology is expected to accelerate enterprise adoption of generative AI in India.Load More