Coforge brings new AI platforms to boost enterprise adoption

Midcap IT services firm Coforge on Thursday launched Quasar GenAI Central and Quasar Marketplace, two AI platforms designed to accelerate enterprise AI adoption and innovation. 

Quasar GenAI Central is a secure, enterprise-grade GenAI playground offering Coforge developers centralised access to leading generative AI models (GPT, Gemini, Llama, Claude). It integrates LLMs into workflows, enhancing productivity and scalability with enterprise-grade security, governance, and responsible AI principles. 

Key features include centralised LLM access, smart LLM routing, embedded responsible AI, and audit trails. This platform enables Coforge teams to leverage LLMs for client research, use case identification, and rapid solution development. Complementing GenAI Central, Quasar Marketplace provides a curated catalogue of AI solutions to accelerate business outcomes. It features ready-to-use AI capabilities, business solutions, technical services, architecture blueprints, case studies, and diverse use cases for efficiency, automation, and innovation.

“With the launch of Quasar GenAI Central and Quasar Marketplace, we are taking significant strides in democratising AI access across our organisation and client base. We believe that these new platforms will empower our global workforce to develop and deliver more sophisticated, efficient, and impactful AI-driven solutions, further solidifying our position as a trusted partner for digital transformation,” said Vikrant Karnik, EVP, Head of Technology, Coforge. He added, “These assets are not only about empowering access to our 34,000-plus colleagues but also a great starter kit for our customers to deploy on their journey to being AI-first digital champions.”

Mid-cap IT firms—those earning between $1 billion and $5 billion—have surged ahead of the larger counterparts in fiscal year 2025. According to sector analysts, IT players like Coforge, Persistent Systems and Hexaware Technologies have grown at more than three times the pace of their larger peers, leveraging superior execution, strategic leadership, and swift adaptation to generative AI (Gen AI). If current momentum holds, the coming year could deliver a repeat performance.

Coforge's Q4 FY25 results, released on May 5, 2025, showed a strong performance. Net profit increased by 21% sequentially and 16.7% year-over-year to ₹261 crore. Revenue from operations also rose by 4.6% sequentially and 47% year-over-year to ₹3,409.9 crore. 
Additionally, Coforge completed a $1.56 billion deal with Sabre in FY25. The acquisition of Cigniti Technologies has significantly increased revenue.

With a revenue of $1.45 billion, Coforge has ascended to become India's eighth-largest IT company, boasting a $2.1 billion order pipeline. The growth of Persistent Systems is attributed to its focus on the BFSI and healthcare sectors. Strategic hiring and robust sales efforts are propelling large contracts.

The companies express optimism as they tackle slower deal closures through enhanced sales and marketing initiatives. As per analyst forecasts, Coforge may achieve a growth rate of 20.8% in FY26, an increase from 16.4% in FY25, while Persistent Systems, LTTS and LTIMindtree are also expecting improved performances in the coming year.