Capgemini's CEO Aiman Ezzat highlighted legacy systems as AI adoption's main hurdle. Companies must modernize data and infrastructure for effective AI integration. This creates a multi-year investment cycle for essential technology upgrades. Businesses are prioritizing large transformation programs over pilot projects. AI demand accelerates the modernization of foundational technology systems.

The company now expects annual revenue growth of 8.5% to 9% at constant currency, up from 6.5% to 8.5% previously.

July 30 : Capgemini Chief Executive Aiman Ezzat said on Thursday that companies hoping to deploy artificial intelligence at scale will first need to modernise decades-old…