New research from Boston Consulting Group (BCG) reveals that 30% of Indian companies are maximizing value through the use of emerging AI technologies. This highlights India's strong adoption of artificial intelligence, positioning it ahead of the global average in leveraging these innovations for business growth and efficiency.
A recent study by the Boston Consulting Group (BCG) shows that India's adoption of Artificial Intelligence (AI) exceeds the global average. The report highlights that Indian companies are effectively maximizing the potential of emerging AI technologies to drive business growth and innovation.
The report, titled "Where's the Value in AI?", is based on a survey of 1,000 Chief Experience Officers (CxOs) and senior executives across more than 20 sectors, representing 59 countries in Asia, Europe, and North America. The research spans ten major industries, providing a comprehensive look at the global landscape of AI adoption and its impact on business performance.
India's rapid adoption of Artificial Intelligence (AI) is reshaping its global competitive advantage, with 30 percent of Indian companies fully maximizing AI's value potential—surpassing the global average of 26 percent, according to a new report. "India's swift adoption of AI is redefining its competitive edge globally, with 30 percent of Indian companies having maximized AI's value potential—surpassing the global average of 26 percent... With 100 percent 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 at BCG.
(Source: Hindustan Times)
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13:31, 12 Nov, 2024
New report suggests India’s adoption of AI technologies surpasses global average
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