As the race to establish AI supremacy picks up, India is taking giant strides in implementing artificial intelligence (AI). Significantly , majority of Indian enterprises are going beyond pilot and test projects and adopting AI at a larger scale. The economic impact of AI in GDP for India, will be primarily driven by productivity gains from businesses augmenting their existing labor force with AI and Increased consumer demand resulting from the availability of personalized and/or higher-quality AI-enhanced products and services
Increasingly, Startups have initiated leveraging AI to the core and consequently, external funding deployed to artificial intelligence (AI) startups by VC/PE firms have reached a record high. Last year, VCs struck 859 deals with AI companies, nearly five times the number that signed on the dotted line four years before. To date, the market contains 2,045 AI startups with more joining by the day.
Global Capability Centers(GCCs) are at an inflection point as the pace at which AI & Digital technologies is changing every aspect is exponential and at high velocity. GCCs are contextually empowered with critical and strategic business capabilities. They are rapidly evolving as enterprise transformation hubs and are beginning to be in the center of AI & Digital driven transformation wave.
In the past months, most of you may have run into a situation where you open the GPS app on your smartphone and it ‘knows’ where you would like to go because it fits a certain repetitive pattern of behaviour or the photo app organizing your pictures based on who are the most important people […]
Author: Saswata Kar, Head – Analytics & Data Sciences, Philips GBS | LinkedIn – https://www.linkedin.com/in/saswata-kar-95b9074/ Global Business Services or GBS is the collective name given to centralized hubs where big corporations have moved processes that can benefit from centralization, standardization, and automation. The location for these centers is largely governed by cost considerations and talent […]
New Treasury Department software points the way. But research suggests that it’s impossible to show that an artificial ‘superintelligence’ can be contained . If, like me, you’re worried about how members of Congress are supposed to vote on a stimulus bill so lengthy and complex that nobody can possibly know all the details, fear not — the […]
Featured Article Author: Sidhartha Shishoo, SG Analytics In today’s hyper-connected world, digital transformation has become more than just a buzzword—it’s a strategic imperative for businesses across sectors. As companies strive to meet evolving customer expectations, they’re leveraging technology, analytics, and AI to reshape the customer experience landscape. Let’s explore how this digital revolution is unfolding […]