Software product firm SunTec is ready for AI

SunTec describes itself as one of the few future-ready software product companies with its technology feet firmly rooted in the Indian IT landscape, but still wary of the hypothesis of'singularity.' The 27-year-old Kerala-based firm has offices in Singapore, Dubai, the UK, Germany and the US. 'Singularity' threat The unlisted firm has a presence in financial services, digital communication services, travel, logistics and retail, and counts 95 per cent of clients from a revenue perspective to be global. This number will be slightly higher from the perspective of its recent entry into the GST scheme of things locally, says K Nanda Kumar, founder and CEO. Explaining his concerns about'singularity', he said this is a stage where artificial intelligence would overtake human intelligence.