90% of Indian biz leaders planning to invest more in AI, Gen AI: Capgemini
- IBEF
- January 16, 2024
A recent report by Capgemini reveals that 90% of Indian business leaders plan to increase investment in artificial intelligence (AI) and generative AI in the next 12-18 months. Of these leaders, 58% view generative AI as an opportunity to enhance revenue and innovation. The survey included 2,000 organizations across 15 countries, and in India, 53% of business leaders expressed optimism about their organization's outlook. In 2024, 82% of Indian business leaders plan to increase investment in digital tools, with a focus on AI, cloud technologies, cybersecurity, digital twins, and immersive technologies. Additionally, investments are earmarked for customer experience, innovation, talent, and sustainability. Cybersecurity is perceived as a top risk by 50% of Indian leaders, contrasting with 61% globally. Globally, AI is expected to play a significant role in critical decision-making, with life sciences and healthcare leading, while in India, 28% anticipate AI's role in such decisions within five years.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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