Investment, research driving AI growth in India, says study
By IANS |
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Artificial Intelligence.. Image Source: IANS News
Hyderabad, May 21 : Higher investment and research is driving significant growth of Artificial Intelligence (AI) in India, finds a study.
The AI Index 2021 annual report by the Indian School of Business s IT-focused think tank, Srini Raju Centre for Information Technology and Networked Economy (SRITNE), captured trend, research & development education, and entrepreneurial activity. The ISB research team, led by Professor Deepa Mani, found that investments in AI-managed processes have grown substantially across businesses in India.
It noted that the ongoing pandemic sped up technology adoption across most business verticals in 2020-21. While until a few years back, it was mostly IT firms that were adopting AI on a large scale; now, other sectors are fast catching up, thanks to phenomenal growth of start-ups and ongoing investment activities
New Delhi: Businesses and society have been disrupted, creating uncertainty about the way we live and work. The ongoing pandemic sped up technology adoption across most business verticals in 2020-21. India, too, is no exception to this phenomen