State of Enterprise AI In India 2019 Analytics India Magazine & BRIDGEi2i

"A year spent in artificial intelligence is enough to make one believe in God" It's futile to deny it, but Artificial Intelligence(AI) is no longer the buzzword of tomorrow, it's a striking reality of today, and the enterprise landscape of AI has never looked more promising than it does today! By 2022, the global business value created by AI will touch a whopping $3.9 trillion, and spending on AI systems is expected to reach $79.2 billion1. Forecasts estimate that AI technologies will pervade every software product2 next year, and AI software revenue is expected to grow to 118.6 billion by 20253. All these are tantamount to the fact that AI is no longer just a differentiator but a core part of business functions! In India, the enterprise AI market is heading towards much wider adoption. An industry expert associates the Indian Enterprise Market for AI to be estimated to be $100 million, growing at 200-250% CAGR.