According to a recent analysis by Bain & Company, 80 percent of the businesses examined now have at least one AI model in use, proving that artificial intelligence is no longer a cutting-edge technology in India. The paper, titled From Buzz to Reality: The Accelerating Pace of AI in India, is based on a survey of close to 150 providers and 350 businesses. It will be released on Tuesday. Microsoft and the Internet and Mobile Association of India have worked together on this (IAMAI). As opposed to 56 percent of their global counterparts, technology solution providers in India are the ones driving AI adoption, with 64 percent of their solutions incorporating AI/ML as a core component. However, only a few use cases have been implemented by most enterprises, who are still in the early phases of adopting AI. Indian companies are now substantially more interested in using AI to boost business outcomes. However, there is a lot of hype and hyperbole surrounding what exactly qualifies as art...
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