Half of all employees will be equipped with AI skills in 6-10 years: Microsoft
4 years, 4 months ago

Half of all employees will be equipped with AI skills in 6-10 years: Microsoft

Live Mint  

Bengaluru: As artificial intelligence takes centrestage in most companies, half of all employees are expected to be equipped with AI skills in the next 6-10 years, according to a Microsoft India study released on Monday. The combination of skilling and AI deployment is helping businesses succeed with 94% of senior executives from leading businesses already seeing value from AI deployment. The research surveyed employees and leaders within large enterprises across industry verticals in India and 19 other countries, to look at the skills needed to thrive as AI becomes increasingly adopted by businesses. Both senior executives and employees surveyed found a direct link between having the skills needed to thrive in an AI world and the value organizations gain from their AI implementations.

India Skills Employees Microsoft Ai Senior Executives Skilling  surveyed  india  skills  610  senior  skilling  microsoft  businesses  employees  equipped  half  ai  value  companies

History of this topic

94 per cent of Indian desk workers feel the urgency to master AI
4 days, 19 hours ago

94 per cent of Indian desk workers feel the urgency to master AI

New Indian Express  

BENGALURU: Indian workers want to skill up on Artificial Intelligence as 94% feel an urgency to become AI expert. However, 40% of Indian workers have spent less than five hours learning how to use AI, and 30% of global workers say they have had no AI training at all, including no self-directed learning or experimentation, according to Slack's new Workforce …

Security vulnerabilities hinder AI adoption in India, reveals Deloitte report
1 week ago

Security vulnerabilities hinder AI adoption in India, reveals Deloitte report

Live Mint  

New Delhi, Dec 17 As many as 92 per cent of Indian executives view security vulnerabilities as the foremost challenge to responsible AI adoption, highlighting a pressing need for robust governance frameworks to foster trust and mitigate risks in an increasingly AI-driven landscape, according to a recent report by Deloitte. ".about 92 per cent of Indian executives identify security vulnerabilities, …

AI/ML, cyber security skills in demand for top job roles
2 weeks, 3 days ago

AI/ML, cyber security skills in demand for top job roles

New Indian Express  

BENGALURU: With the increasing adoption of AI across organisational functions, AI/ML and analytics continue to dominate as the most in-demand job family. Indeed and Nasscom launched the fourth edition of their Future of Work report – Balancing Priorities in an AI-driven World, and the report said the top five in-demand job roles include Data Scientist/Analyst, AI/ML Expert, Cybersecurity Specialist, Cloud …

Firms using AI to empower workforce likely to excel in future: Professor Das Narayandas
2 weeks, 4 days ago

Firms using AI to empower workforce likely to excel in future: Professor Das Narayandas

India Today  

Firms that strategically integrate artificial intelligence to enhance human capabilities are poised to excel in the coming years, according to Professor Das Narayandas, Edsel Bryant Ford Professor of Business Administration at Harvard Business School. “The foreseeable future belongs to firms that think about AI as a tool to empower their people,” Professor Narayandas stated. While the automation potential of AI …

AI will positively influence sustainability goals
3 weeks, 4 days ago

AI will positively influence sustainability goals

New Indian Express  

BENGALURU: About 96% of Indian executives believe that artificial intelligence can positively impact their sustainability goals. IBM released its State of Sustainability Readiness Report 2024, and according to that, globally, respondents had a positive take on AI’s potential for sustainability as nine out of 10 surveyed executives agree that AI will positively influence achieving their sustainability goals. The report also …

Will AI adoption leave India Inc with high efficiency and exhausted workers?
3 weeks, 5 days ago

Will AI adoption leave India Inc with high efficiency and exhausted workers?

Live Mint  

Words that are sprinkled liberally in the business updates of many listed firms of India Inc. The frenetic pace of AI adoption will probably extract its pound of flesh at some point, even if India Inc would rather talk about the productivity marvels of this new technology. Now Comes the Hard Part,’ by Microsoft and LinkedIn, 75% of corporate India’s …

India Among Top 10 Nations in AI Readiness
1 month ago

India Among Top 10 Nations in AI Readiness

Deccan Chronicle  

New Delhi: AI is already transforming industries and starting to reshape economies and is poised to profoundly shape the future of economic development over the next few years. Economies with a high share of sectors that are most exposed to AI are among the world’s most exposed to disruption. Rising Contenders: These are mainly economies with lower AI exposure due …

India's adoption of AI technologies higher than global average, claims new report
1 month, 1 week ago

India's adoption of AI technologies higher than global average, claims new report

Hindustan Times  

A new research by the Boston Consulting Group pegged India's adoption of Artificial Intelligence higher than the global average. “India's swift adoption of AI is redefining its competitive edge globally, with 30 per cent of Indian companies having maximized AI's value potential--surpassing the global average of 26 per cent. With 100 per cent of companies actively experimenting with AI, India …

SAP confident of new job creation by AI
1 month, 2 weeks ago

SAP confident of new job creation by AI

Live Mint  

German software-maker SAP SE is confident that artificial intelligence will create new jobs even as the rise of the new technology casts a shadow on jobs done by humans. The SAP board’s buoyant remarks on AI contrast with those of Google-parent Alphabet Inc’s chief executive Sundar Pichai, whose comments in the company’s post-earnings conference call with analysts put alarm bells …

IBM: The Right Training Can Make Youth in India's Small Towns More Employable
1 month, 3 weeks ago

IBM: The Right Training Can Make Youth in India's Small Towns More Employable

The Hindu  

IBM India head Sandip Patel emphasizes the importance of training and skills development for youth in India's small towns and cities to become more employable in the tech industry. He highlights the country's strengths as a large talent base and the potential of Tier 2, 3, and 4 cities and towns to produce skilled workforce. IBM has been actively conducting …

AI Empowers the Workforce: A Paradigm Shift in Workplace Dynamics
2 months ago

AI Empowers the Workforce: A Paradigm Shift in Workplace Dynamics

India Today  

The future of work is being reshaped, but not in the way many feared. Adecco Group's 'Global Workforce of the Future 2024' report reveals that AI isn't replacing workers; it's empowering them. The survey reveals a transformative shift in workplace dynamics, with AI emerging as a powerful ally rather than a threat. The most telling statistic? A substantial leap in …

Shortage of AI leadership in Indian business
4 months, 1 week ago

Shortage of AI leadership in Indian business

Hindustan Times  

Artificial Intelligence is revolutionising industries worldwide, offering unprecedented opportunities for innovation, efficiency, and economic growth. However, in India, a critical shortage of strong AI leadership is emerging as a significant barrier to fully leveraging these opportunities. The government’s AI initiative in agriculture, where AI-powered systems help farmers with crop health monitoring and yield predictions, demonstrates the transformative potential of AI …

5 AI skills every professional must acquire to stay ahead
4 months, 4 weeks ago

5 AI skills every professional must acquire to stay ahead

India Today  

The future belongs to those who embrace innovation and technology. Understanding AI's potential empowers professionals to not only solve problems more effectively but also gain a significant edge in their fields. UNDERSTANDING MACHINE LEARNING AND DEEP LEARNING Machine learning and deep learning are the driving forces of AI, enabling the development of intelligent systems that learn and adapt on their …

Economic Survey | AI casts “huge pall of uncertainty” over jobs
5 months ago

Economic Survey | AI casts “huge pall of uncertainty” over jobs

The Hindu  

The Economic Survey published on Monday warned against the potential challenge that artificial intelligence could present to the Indian economy saying the “advent of the tech casts a huge pall of uncertainty as to its impact on workers across all skill levels – low, semi and high.” The massive changes owing to widespread adoption of AI “will create barriers and …

More Than 90% Of Indian Offices Considering, Encouraging ChatGPT's Use, Reveals Study
5 months, 3 weeks ago

More Than 90% Of Indian Offices Considering, Encouraging ChatGPT's Use, Reveals Study

ABP News  

Artificial intelligence is slowly taking over and its userbase is increasing exponentially as time passes. This study not only underscores the innovative spirit of Indian employees but also sets a benchmark for global workplaces on how generative AI can be effectively integrated into daily operations to complement human skills and enhance overall performance.” The Rise In Acceptance Of AI At …

Indian CEOs Say No Effective AI without Effective Governance: IBM Study
6 months ago

Indian CEOs Say No Effective AI without Effective Governance: IBM Study

Deccan Chronicle  

Bengaluru: A new study by the IBM Institute for Business Value found that surveyed Indian CEOs are facing workforce, culture and governance challenges as they act quickly to implement and scale generative AI across their organizations. The annual global study of 3,000 CEOs from over 30 countries and 26 industries reveals a high importance placed by Indian CEOs on AI …

AI Is Coming for Big Tech Jobs—but Not in the Way You Think
6 months, 1 week ago

AI Is Coming for Big Tech Jobs—but Not in the Way You Think

Wired  

Aaron Damigos’ inbox was hit with a dreaded, ubiquitous business-update calendar invite on June 3. An email to employees from Jason Zander, executive vice president of strategic missions and technologies at Microsoft, leaked to Business Insider, blamed a pivot to invest in artificial intelligence: “Our clear focus as a company is to define the AI wave and empower all our …

India's AI Spending Forecasted to Reach $5.1 Billion by 2027: Intel-IDC Report
7 months, 1 week ago

India's AI Spending Forecasted to Reach $5.1 Billion by 2027: Intel-IDC Report

News 18  

Intel and IDC have unveiled a joint report assessing the Artificial Intelligence maturity level across eight markets, including India. The report highlighted that India’s AI spending is forecasted to experience the swiftest expansion among the examined markets, with a projected Compound Annual Growth Rate of 31.5 per cent from 2023, reaching $5.1 billion by 2027. According to the report, India, …

AI users doubled in last six months, now used by 75% of global knowledge workers: Report
7 months, 1 week ago

AI users doubled in last six months, now used by 75% of global knowledge workers: Report

Hindustan Times  

The number of people using AI has nearly doubled in the last six months and around 75 per cent of global knowledge workers are using AI at workplaces, according to "2024 Work Trend Index Annual Report" by Microsoft and LinkedIn. The survey in the report highlights that 90 per cent of AI users stated it helped them save time, 85 …

BCG study shows 70% users excited about GenAI at work, but 43% positive about its impact on daily life
7 months, 3 weeks ago

BCG study shows 70% users excited about GenAI at work, but 43% positive about its impact on daily life

The Hindu  

A study published on April 29 by the Boston Consulting Group titled ‘Consumers Know More About AI than Business Leaders Think,’ has shared that consumer understanding and enthusiasm around artificial intelligence is higher than expected. Based on a survey conducted across 21 countries and 21,000 respondents, the research also answered questions around the usage of AI in the workplace. “While …

Workplace evolution: How AI is redefining the future of work
7 months, 3 weeks ago

Workplace evolution: How AI is redefining the future of work

India Today  

The modern workplace is undergoing a seismic shift. By analysing vast amounts of data and generating actionable insights, AI empowers employees to make informed decisions and develop creative solutions to complex challenges. FUTURE OF WORK: POWERED BY HUMAN-AI COLLABORATION The rise of AI presents a transformative opportunity for organisations to reimagine how they work, innovate, and compete. By embracing AI …

Research shows disconnect in AI-related hirings made by enterprises
8 months, 4 weeks ago

Research shows disconnect in AI-related hirings made by enterprises

The Hindu  

A report released by data analytics provider Alteryx has stated that even though business leaders and recruiters are preparing for an AI-infused future, there’s still a disconnect during the hiring process. Titled ‘Defining the Enterprise of the Future,’ the research shared that even though most of the survey respondents recognised creativity as the most important human skill followed by critical …

Top 10+ AI Development Companies in India 2024
9 months, 2 weeks ago

Top 10+ AI Development Companies in India 2024

The Hindu  

AI development holds enormous potential in a variety of industries and will have a significant impact on our daily lives. In 2024, leading Artificial Intelligence development companies will render a variety of AI services tailored to specific company objectives. To suit the business’s specific AI development requirements, leading IT organizations’ AI development teams use several tech stacks, including deep learning, …

Talent development is a key priority for Indian companies in 2024: LinkedIn
9 months, 3 weeks ago

Talent development is a key priority for Indian companies in 2024: LinkedIn

Deccan Chronicle  

LinkedIn, the world’s largest professional network, has released its latest Workplace Learning Report which points out that 94% of companies in India plan to enhance their employees’ skills and abilities this year, as AI continues to reshape the world of work. According to the report, upskilling employees, aligning learning programs to business goals, and creating a culture of learning are …

India’s AI market seen touching $17 billion by 2027: Report
10 months ago

India’s AI market seen touching $17 billion by 2027: Report

The Hindu  

February 21, 2024 10:16 am | Updated 12:24 pm IST - MUMBAI India’s artificial intelligence market is projected to touch $17 billion by 2027, growing at an annualised rate of 25-35% between 2024 and 2027, IT industry body Nasscom and consulting firm BCG said on Tuesday, citing a joint report studying AI-powered tech in the country. The growth is seen …

AI will create new world order: IT experts
10 months ago

AI will create new world order: IT experts

New Indian Express  

THIRUVANANTHGAPURAM : Artificial intelligence does not only open up new job avenues but also creates a new world order, experts in the IT industry opined at the ‘ICTAK Top 10’ programme organised by the ICT Academy of Kerala here on Tuesday. The programme saw experts discussing the changing job profiles, emerging job sectors and its prerequisites in the wake of …

Some workers turning AI challenge into advantage
10 months ago

Some workers turning AI challenge into advantage

China Daily  

The recently released artificial intelligence model Sora, created by research organization OpenAI, has caused a sensation in the tech sector with its ability to generate videos of up to a minute in length based on brief text instructions. Some industry insiders said that Sora will bring revolutionary changes to content creation as well as the entertainment and education industries, while …

AI created more jobs in web design, data science, digital marketing and more: IBM India
10 months ago

AI created more jobs in web design, data science, digital marketing and more: IBM India

India TV News  

As generative artificial intelligence begins to threaten certain jobs, it was stated that AI will create more job options than it destroys. For example, take the Internet, when the Internet came right, and you had web publishing and all things that were web-enabled, it led to job decline in certain sectors like newspaper printing." However, he added that it also …

Microsoft's Nadella woos Indian developers to the company's AI tools
10 months, 2 weeks ago

Microsoft's Nadella woos Indian developers to the company's AI tools

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Microsoft CEO Satya Nadella urged …

Microsoft announces initiative to train 2 million Indians on AI skills by 2025
10 months, 2 weeks ago

Microsoft announces initiative to train 2 million Indians on AI skills by 2025

The Hindu  

On Wednesday, Microsoft announced an initiative to equip two million people in India with artificial intelligence skills by 2025. “The ADVANTAGE INDIA initiative is a significant step towards democratising access to AI skills across the nation and reflects Microsoft’s deep commitment to enabling inclusive growth with technology,” said Puneet Chandok, President of Microsoft India & South Asia. This initiative aims …

Govt admits AI can lead to job losses in India
10 months, 2 weeks ago

Govt admits AI can lead to job losses in India

New Indian Express  

Moving away from its earlier stance that AI is ‘not leading to job losses’, Government of India seems to be coming round to the realization that AI may end up taking jobs away from some people. “AI may result in automating some routine jobs but will also result in job creation in various data science, data curation etc,” said Electronics …

Soft skills and AI capability key for Indians to thrive in Future of Work: LinkedIn
1 year, 3 months ago

Soft skills and AI capability key for Indians to thrive in Future of Work: LinkedIn

Deccan Chronicle  

India: LinkedIn, has launched its first ever global Future of Work: State of Work at AI report, highlighting the rising prominence of Artificial Intelligence in the world of work. Ashutosh Gupta, Country Manager at LinkedIn India says, “As AI shapes the future of work, India recognises the importance of human potential and the pivotal role that soft skills will play …

AI Stealing Jobs: Indian startup Dukaan fires over 90% of its support staff, replaces them with AI bots
1 year, 5 months ago

AI Stealing Jobs: Indian startup Dukaan fires over 90% of its support staff, replaces them with AI bots

Firstpost  

Dukaan, a Bengaluru based startup has laid off over 90 per cent of its support staff and replaced them with AI bots. The founder has justified this move, saying that although tough, it was a necessary decision, and why should a tech or product expert work as a support agent Dukaan, a startup based in Bengaluru, has made significant changes …

Early AI adoption at work can foster innovation and boost productivity: Microsoft Report
1 year, 6 months ago

Early AI adoption at work can foster innovation and boost productivity: Microsoft Report

The Hindu  

The pace of work across international markets has surpassed human capacity and negatively impacted innovation but early AI adoption could drastically change this, as per Microsoft’s Work Trend Index 2023 Report titled ‘Will AI Fix Work?’ Released on Thursday, the survey encompassed 31,000 individuals across industries in 31 countries, including 14 markets in the Asia Pacific region, combined with extensive …

From threat to job to unleashing creativity, here’s what Indians think about AI
1 year, 6 months ago

From threat to job to unleashing creativity, here’s what Indians think about AI

Live Mint  

Amid the growing impact of Artificial Intelligence in nearly every domain, more than 74 per cent of Indians are worried that artificial intelligence will take their jobs in future, according to latest Microsoft report. The recent insight of the Microsoft Work Trend Index 2023 report reveals that 90 per cent of Indian leaders are of opinion that employees need to …

India Under Spotlight As Tech Giants Ramp Up AI Talent Hunt
1 year, 7 months ago

India Under Spotlight As Tech Giants Ramp Up AI Talent Hunt

ABP News  

The demand for data scientists, machine learning specialists, and skilled engineers is rapidly increasing due to an AI hiring frenzy taking place around the world. India's tech industry is built on a plentiful supply of affordable workers, and now, even the world's most populous nation is running out of the skilled engineers, data scientists, and machine-learning specialists that companies are …

Demand for AI jobs in India are up by 11% amid talent scarcity
1 year, 7 months ago

Demand for AI jobs in India are up by 11% amid talent scarcity

India TV News  

The demand for artificial intelligence talent has grown by 11 per cent in India over the last six months, driven by job demands in sectors like IT, BFSI, retail, telecom, and advertising/market research sectors, a report stated. The Indian job market will witness a 22 per cent churn over the next five years with top emerging roles coming from AI, …

Make AI Work For India: What The Future Holds For Artificial Intelligence
1 year, 9 months ago

Make AI Work For India: What The Future Holds For Artificial Intelligence

ABP News  

As India stands at the threshold of leaving China behind to be the most populous country in the world, it now holds immense responsibility to decide the future of education, employment, and skill development of nearly one-fifth of the global population. Projects like Digital India BHASHINI and Digi Yatra can be the stepping-stone for large-scale AI implementation across all major …

India’s AI penetration factor at 3.09, highest among all G20, OECD countries: Nasscom
1 year, 10 months ago

India’s AI penetration factor at 3.09, highest among all G20, OECD countries: Nasscom

The Hindu  

India ranked first in terms of Artificial Intelligence skill penetration and AI talent concentration and 5th in AI scientific publications, according to a report titled, “State of Data Science and AI Skills in India: Data and the Art of Smart Intelligence, prepared by Nasscom in association with Salesforce and Draup. In fact, India’s AI Skills Penetration Factor has been reported …

India’s AI market likely to see 20% growth over next five years: Report
2 years, 5 months ago

India’s AI market likely to see 20% growth over next five years: Report

Hindustan Times  

India’s artificial intelligence market is expected to witness a growth of 20% over the next five years, and the country is among the top three talent markets, producing 16% of the world’s AI talent pool, a joint study conducted by Microsoft and the Internet and Mobile Association of India has revealed. “Artificial intelligence is no longer a fringe technology for …

Microsoft launches new initiative to empower AI startups in India
3 years, 2 months ago

Microsoft launches new initiative to empower AI startups in India

The Hindu  

With the third-largest ecosystem for startups in the world, India held opportunities for emerging businesses to accelerate innovation across industries, said Microsoft on Wednesday. Microsoft AI Innovate was aimed at bringing together startups, corporates, industry bodies, governments, and venture capital firms, to create a shared platform for learning and innovation, Microsoft said on Wednesday. This 10-week-long initiative would support startups …

Investing in data, AI is crucial for country
4 years, 4 months ago

Investing in data, AI is crucial for country

Live Mint  

BENGALURU :India has the right ecosystem and an efficient talent pool to create millions of new-age jobs and drive a data and artificial intelligence revolution to become a global powerhouse, said top executives of Infosys Ltd and Wipro Ltd at a panel discussion organized by IT industry body Nasscom on Tuesday. “We have to identify a comprehensive plan for India’s …

Half of Indian Workforce Will be Equipped With AI Skills in the Next 10 Years: Microsoft
4 years, 4 months ago

Half of Indian Workforce Will be Equipped With AI Skills in the Next 10 Years: Microsoft

News 18  

The organisations that have deployed Artificial Intelligence with skilling initiatives in India are generating most value from this new-age technology, and senior executives predict that half of all employees will be equipped with AI skills in the next 6-10 years, a new Microsoft survey said on Monday. In India, all AI-leading companies said they are actively building skills of their …

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