Bengaluru: Wipro Ltd will use its artificial intelligence platform Holmes to automate several aspects of its so-called fixed-price projects, saving up to 46.5 million and freeing around 3,000 engineers from mundane software maintenance activities. The move is part of Wipro's larger plan to generate 60- 70 million in revenue by selling the platform to new and existing clients in the current financial year. About 30,000 of Wipro's workforce in the delivery side of the business are engaged in fixed-price projects. The company has over 150,000 employees, including 110,000 in delivery. New chief executive officer Abidali Neemuchwala has set an ambitious target for Wipro-- more than tripling its revenue growth to 12-14% for fiscal 2017.

IBM Watson has talked tennis with Serena Williams and music with Bob Dylan. Now it wants to talk to you -- via online ads. The Weather Company, acquired by IBM in January, will begin bringing Watson-enhanced interactive advertisements to The Weather Channel and Weather Underground apps on Android and iOS and to weather.com and wunderground.com The ads, powered by Watson's artificial intelligence, will prompt consumers to ask questions such as "What would be good to cook for dinner?" or "Is this medicine safe for my child?" The first companies with Watson-enabled ads will be Campbell Soup, GSK Consumer Healthcare and Unilever.

According to MarketandMarkets, the artificial intelligence (AI) market is estimated to grow from 419.7 million in 2014 to 5.05 billion by 2020, growing at a CAGR of 53.65% from 2015 to 2020. The Media and Advertising sector is expected to drive the growth of AI during this period. IBM, Microsoft, and Google are key players in the market, and now Salesforce is trying to make inroads into it. For the first quarter of fiscal 2017, Salesforce's revenue grew 27% over the year to 1.92 billion, above analyst estimate of 1.89 billion. Net income was 38.8 billion or 0.06 per share. Non GAAP EPS was 0.24, beating analyst forecast of 0.25.

Over the last year, we have heard leading minds warning of the dangers of artificial intelligence (AI). We've since seen a robot that can take a beating and get back up unfazed, and borne witness to a computer that can best a Go master at his extremely complex game. Find and replace "Google" with a nefarious "Skynet" clone and you have yourself the start of a film franchise. Before it inevitably takes over the world, what impact will AI and robotics actually have in day-to-day business -- and who might benefit? When Arnold Schwarzenegger's T-800 character drove his Chevrolet Nova through the police station window in response to the "unhelpful" duty officer, I suspect not many people thought he was after his job.

In March, the Toyota Research Institute bought up Cambridge-based startup Jaybridge Robotics, and according to Tech Insider, they may be expanding with another famous Massachusetts company: Google's Boston Dynamics, the maker of the Big Dog and Atlas robots. Google has been talking about selling the Waltham-based Boston Dynamics, for a couple of months now, with companies such as Toyota Research Institute and Amazon.com Around that time, TRI, which seeks to create a car that is incapable of crashing, announced a deal to acquire Jaybridge, a 16-member software engineering company, in order to add more expertise to creating "autonomous vehicle products." Tech Insider noted that the deal hasn't been finalized, but that "the ink is nearly dry." On the other side of the alleged deal is Google, which acquired the Waltham-based company in 2013.

According to MarketandMarkets, the artificial intelligence (AI) market is estimated to grow from 419.7 million in 2014 to 5.05 billion by 2020, growing at a CAGR of 53.65% from 2015 to 2020. The Media and Advertising sector is expected to drive the growth of AI during this period. IBM, Microsoft, and Google are key players in the market, and now Salesforce is trying to make inroads into it. For the first quarter of fiscal 2017, Salesforce's revenue grew 27% over the year to 1.92 billion, above analyst estimate of 1.89 billion. Net income was 38.8 billion or 0.06 per share. Non GAAP EPS was 0.24, beating analyst forecast of 0.25.

It was reported that Hewlett-Packard Co. said it will cut 25,000 to 30,000 more jobs as part of a 2.7 billion restructuring September 15, 2015. PC company HP Inc. will report earnings after the bell Wednesday. Meanwhile, Microsoft wrapped a major deal involving the hit game Minecraft. The personal computer company will report second quarter results when the markets close Wednesday. Analysts polled by S&P Global Market Intelligence project earnings of 38 cents a share on 11.7 billion in revenue.

I can't remember the last time I called someone on the phone to place an order for pizza. Papa John's told investors during its first-quarter earnings call that 55% of its total sales now come through digital. Sixty percent of those digital transactions came from mobile devices. Competing pizza chains Domino's and Yum! Brands' Pizza Hut are also investing heavily in e-commerce. Both have invested in ordering methods for smartwatches, connected cars, and video game systems.

Good day my name is Victoria and I will your conference operator. At this time I would like welcome everyone to the salesforce.com, All lines have been placed on mute to prevent any background noise. After the speakers' there will be question-and-answer session. If you would to ask a question during this time simply press star then the number one on your telephone keypad. If you would like to withdraw your question press the pound key. I would now like to turn the call over to John Cummings, Vice President of Investor Relations. Our first quarter results press release, SEC filings and the replay of today's call can be found on our IR website at www.Salesforce.com/inverstor. And with me today on the call is Marc Benioff, Chairman and CEO, Keith Block, Vice Chairman President and Mark Hawkins, CFO. As a reminder, our commentary today will primarily be in non-GAAP terms. Reconciliations between our GAAP and non-GAAP results and guidance can be found in our earnings press release. Also some of our comments today may also contain forward-looking statements, which are subject to risks, uncertainties and assumptions.

May 18 (Reuters) - Salesforce.com Inc, a marketing-and-sales software provider for 17 years, may be joining the ranks of the technology old-guard, but the 27 percent first-quarter revenue growth it posted on Wednesday still showed some startup zip. The company also provided a rosy outlook, raising its full-year revenue forecast and predicting that technology like artificial intelligence would drive future growth. Shares of Salesforce, seen as a barometer for the cloud-computing sector, rose 5.9 percent in after-hours trading. Cloud-delivered software, provided online on a subscription basis, has gained popularity with businesses due to its flexibility and cost benefits. Salesforce, founded in 1999, has won market share from more traditional software providers such as Oracle Corp and SAP AG, Chief Executive Marc Benioff reminded analysts on a conference call after the company reported its earnings.