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.
Featured Article by Rahul Pandey, Data Science & Applied AI Practice Leader, C5i Beyond Understanding to Reasoning As AI systems evolve, the true benchmark is no longer their ability to comprehend it, it’s their ability to reason. Today, we stand at the edge of a significant breakthrough: Multimodal Chain-of-Thought Prompting (MCoT), a technique that allows […]
Featured Article: Author: Dr. Anish Agarwal, Global Head of Analytics, Dr. Reddy’s Laboratories The Metaverse is one of the most significant rising technologies right now. Some will say you have to travel in time to know about it. But the metaverse has given a huge platform to people to hypothetically get into the imaginary world. […]
As driverless cars become a mainstream reality, AI is aiding it greatly to remove all barriers to autonomous function and humanization of its operation. The biggest challenge self-driving cars will have to overcome on the road is being able to react to the randomness of traffic flow, other drivers, and the fact that no two […]
Featured Article: Author: Tarana Chauhan, Procurement Analyst, AB InBev Dependency on Commodities and Associated Risks: Companies with Agricultural commodities as their core raw material face several risks in supply security. Agricultural commodities not only suffer from the risks associated with market dynamics like all other commodities but are also impacted by environmental factors making them […]