As per IBM India Chief, Managing Director Sandip Patel, “India can be the next superpower in the domain of AI innovation”.
“We are at the cusp of the next digital revolution, as we exit 2022 and enter 2023,” he said.
According to IBM’s Global AI Adoption Index 2022, “57 percent of IT professionals in India report that their organisation has actively deployed AI in their business, and over a quarter (27 percent) indicate that their organisation is exploring the use of AI”.
“Think about the three A’s for the new world – AI, Analytics, and Automation. All of them are related in some shape or form. They are all linked by a real conscious use of how you think about data, how you think about the new paradigm of data, and how you use that data to drive those three A’s. And India is quickly establishing itself as one of the hubs for AI innovation in the world,” Patel added.
Businesses will have to draw a significant correlation between AI maturity and its growth trajectory for India to achieve its USD 5 trillion GDP target by FY27, IBM India said in a statement.
According to a Nasscom report, “the previous five years have seen a considerable increase in artificial intelligence (AI)-related innovation in India, with over 4,000 AI patents being filed during that time, which is six times more than the amount for the period between 2011 and 2015”.
“It is not wrong to say that India is becoming the next AI superpower.” Analytics insight.