'AI to surpass new age technologies'

Hyderabad: The future is going to be heavily dependent on Artificial Intelligence (AI) and more than 1,000 companies in India claim to be working on AI in some form, according to Suman Reddy, Managing Director, Pegasystems India. Speaking to Telangana Today on emerging technologies, Reddy said major industries in banking, government and automobile manufacturing would use AI to stay competitive while everything would gradually be powered by AI, right from televisions to home appliances. "Everyone from consumer internet, technology, e-commerce, finance, healthcare companies to financial services and automakers are betting big on AI and other new age technologies," he said. With AI expected to fuel almost everything that helps and empowers daily lives, the demand for AI is going to multiply manifold and India will do well to fill this demand and achieve leadership positions by having captive tech talent at the global stage. On the present situation in IT sector, he said one would have to keep an eye on the prevailing industry trends along with constantly testing their skills.