India emerges as a global frontrunner in Artificial Intelligence (AI) adoption, with a remarkable 59% of enterprise-scale organizations actively leveraging AI technologies, as per the latest findings from the ‘IBM Global AI Adoption Index 2023’. This substantial deployment underscores India’s growing prominence in the global AI landscape. Early adopters in India are propelling this AI revolution, with 74% of enterprises already immersed in AI initiatives, intensifying their investments particularly in research and development (R&D) and workforce reskilling over the past 24 months.
Despite this surge, notable challenges persist, including the imperative to bridge skill gaps and navigate ethical considerations. To unlock AI’s full potential, addressing these hurdles is paramount. Sandip Patel, Managing Director of IBM India & South Asia, emphasizes the pivotal role of trust in AI technologies. He underscores the necessity for robust data governance frameworks to mitigate risks associated with AI deployment.
Key drivers fueling AI adoption in India include the accessibility of AI tools, the drive to cut costs and automate processes, and the proliferation of AI integration into standard business applications. Moreover, the report highlights the critical importance of cultivating a skilled workforce capable of collaborating effectively with AI technologies. Organizations are leveraging AI to streamline operations, automate tasks, and enhance human resources practices.
