AI Solutions Need Initial Big Investments and Innovation to be Successful

Adoption of modern technology like Artificial Intelligence by businesses is low. However, it is anybody's guess that such state-of-the-art technology would only make businesses more user-friendly, simpler and automated. Operational efficiency would improve and business processes would be streamlined. In fact, Artificial Intelligence (AI) is optimizing system-operating models and transforming business processes for enterprises and organizations across the globe. However, according to a recent survey, the number of business units and MSMEs utilizing such modern tech tools, particularly in India, is quite low.