AI Delivered Right
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Author Profile
President and Head - Europe Business, Tech Mahindra
Harshul Asnani is a seasoned technology leader with over 25 years of experience scaling global businesses and driving digital transformation. As President of Tech Mahindra’s Europe business, he leads a strategic portfolio at the cutting edge of new-age technologies. A long-term resident of the San Francisco Bay Area, Harshul bridges the worlds of Silicon Valley innovation and European enterprise.
Prior to Tech Mahindra, he held leadership roles at Wipro, HCL, and Compaq (HP). Passionate about mentorship and "Tech for Good," he serves on the boards of the Bay Area Council and HelpAge America, and is a Charter Member of TiE Silicon Valley. He is an alumnus of Harvard Business School’s management development program.
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For the last decade, the prevailing business dogma often exported from my neighborhood in Silicon Valley was simple: Move fast and break things. Speed was the only currency that mattered.
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Standing at the intersection of innovation and opportunity, there is a fundamental shift in how European businesses approach R&D. By 2025, generative AI could cut drug discovery timelines by up to 70%, saving lives and billions in costs1. The traditional pathways to innovation—where drug development consumes a decade and billions in investment—simply can't keep pace with today's market demands.
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We are living in an era that is predominantly re-defined by artificial intelligence (AI) and generative AI (GenAI). As these technologies become more sophisticated, their impact on industries like communications, high tech, telecommunications, media, and entertainment will be nothing short of transformative. Unlike other comparatively laggard sectors, enterprises from these industries have never shied away from embracing and adapting to next-gen technologies, driven by user demands and trends.
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In the coming years, enterprises across industries are set to be significantly influenced by the advancements in emerging technologies like generative AI (GenAI). This paradigm shift will keep altering the way we operate and interact with all our stakeholders. According to latest estimates, GenAI is slated to add up to $4.4 trillion per year to the global economy, and close to 75% of the value that this tech’s use cases can deliver is categorized across customer operations, software engineering, R&D, and more.
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