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A new report by NASSCOM and Boston Consulting Group has highlighted the significant role women can play in India's booming artificial intelligence market, which is projected to reach $320-$380 billion by 2027. India Has 64% Gender Gap In AI Leadership Compared To Global Peers The report, titled "GenAI: The Diversity Game Changer We Can't Ignore", analysed the adoption of AI …

The release of Nasscom’s GCC 4.0 report, prepared in association with global management consultancy firm Zinnov, marks a possible inflection point for the $200-billion Indian IT services industry. Nasscom clearly sees global capability centres as a big growth area that could tap India’s large, low-cost pool of technical talent. According to Nasscom’s analysis, the first wave established GCCs as outposts, …

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 may stand to lose $118 billion in GDP contribution and five million job opportunities by 2026, if businesses and government are late to cloud adoption, said industry body Nasscom in a recent report. Large scale Cloud adoption can contribute $380 billion to India’s GDP and add 14 million direct and indirect employment opportunities by 2026, it said. Moreover, with …

The adoption of artificial intelligence and data utilisation strategy can add $500 billion to India’s GDP by 2025, a new Nasscom report showed on Thursday. The AI adoption in four key sectors — BFSI, consumer packaged goods and retail, healthcare, and industrials/automotive — can contribute 60 per cent of the total $ 500 billion opportunities, according to “AI Adoption Index” …

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The Indian tech industry hired nearly 4.5 lakh people in FY2022, the highest-ever net addition in the overall employee base, as the country went through pandemic-triggered digital transformation, a new Nasscom report revealed on Tuesday. With one out of three employees already digitally skilled, the digital tech talent pool stood at 1.6 million, growing at a compound annual growth rate …

Indian startups raised record USD 24.1 billion in 2021, reports Nasscom

NEW DELHI: Indian startups raised a record $24.1 billion in 2021, a two-fold increase over pre-Covid levels, while $6 billion were raised via public markets with 11 startup IPOs, a new Nasscom report said on Friday.The Indian tech startup base continues to witness steady growth, adding over 2250 startups in 2021, which is 600 more than 2020. India, accounting for …

AI in India Will Help Add Rs 37 Lakh Crore to Economy by 2025, Says NASSCOM Report

NASSCOM, India’s premier IT governance body, has launched its annual report on artificial intelligence, titled ‘Unlocking Value from Data and AI: The India Opportunity’. NASSCOM’s AI report 2020 further states that other key benefits of AI include areas such as optimising logistics through traffic analysis, streamlining lending and financial services through data-based risk analysis, remote diagnostics and resource allocation in …

New Delhi: Data and Artificial Intelligence could potentially add $450-500 billion to India’s gross domestic product by 2025 and drive India’s economic growth, said a report by industry body Nasscom. The report ‘Unlocking Value from Data and AI’ lays down an action plan that can help the country emerge stronger from the covid-19 crisis by taking co-ordinated action to enhance …

India’s SaaS revenue set to jump 6X to $13-15 billion by 2025: Nasscom report

Despite the market disruption caused by the covid-19 pandemic, software-as-a-service has emerged as a bright spot, seeing both growth and investment opportunities. The report “Riding the Storm: Towards the Giant India SaaS Opportunity,” claims that India can become a global hub for SaaS by 2025 by strengthening the ecosystem that includes a strong push from the government, access to a …

Nasscom Report