India's adoption of AI technologies higher than global average, claims new report
Hindustan TimesA 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 stands out for its readiness to harness AI's potential,” said Saibal Chakraborty, India Leader, Technology and Digital Advantage Practice, BCG. “As India's AI leaders go beyond productivity to reshape and invent new business models, India is poised to lead not only in AI adoption but in generating substantial and measurable value,” said Chakraborty. The research notes that global CEOs seek tangible returns from AI technology after years of investing, hiring talent, and launching pilot programmes.
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