India Wants To Go All In On AI, But Must First Tackle Shortage Of Talent And Data

Though the AI market is still at a nascent stage in India, companies are beginning to realize the advantages that this game-changing technology brings to today's hyper-competitive business scenario. All major industry verticals are experimenting with these third platform technologies, with IT & ITES and BFSI organizations leading the pack in India. Infosys, one of the key players in the $150 billion IT industry, has retrained 3,000 employees taking into account the value that AI brings to its business. BPO company Intelenet has implemented Robotic Process Automation for process efficiency and reduction in manual errors, leading to a 35% reduction in errors and a 10% increase in both revenue and employee productivity.