According to a recent report, it is estimated that by 2024, around 91% of Indian companies will utilize at least half of their data to train artificial intelligence (AI) models. This marks a significant shift towards incorporating AI technology into various sectors across India, positioning the country as a leader in AI and cloud innovation on a global scale.
NetApp, an intelligent data infrastructure company, conducted a survey involving 1,300 IT executives from key markets worldwide, including the US, the UK, France, Germany, Spain, Australia, New Zealand, Japan, Singapore, and India. The findings revealed that India is at the forefront of AI adoption, with 70% of enterprises already implementing AI projects or in the process of doing so. This percentage far surpasses the global average of 49%.
Puneet Gupta, the VP & MD of NetApp India/SAARC, highlighted India’s abundance of data sets as a driving force behind the country’s rapid embrace of AI technology. He emphasized the competitive advantage that Indian corporations gain by leveraging AI to enhance their IT strategies.
The report also showcased the readiness of Indian companies to optimize their IT environments for AI, with 87% of surveyed companies having systems in place to support AI initiatives. Comparatively, other countries categorized as AI-lagging, such as Spain, Australia, New Zealand, Germany, and Japan, demonstrated lower readiness levels but acknowledged the importance of AI integration.
Gabie Boko, the Chief Marketing Officer at NetApp, emphasized the significance of creating intelligent data infrastructure that facilitates the seamless integration of diverse data sets. Such data-ready enterprises are best positioned to thrive in the evolving landscape of AI technology.
Overall, the findings reflect a growing trend towards AI adoption in India, setting the stage for continued advancements in harnessing data-driven insights for innovation and growth. This shift towards AI integration underscores the transformative potential of artificial intelligence in shaping the future of business operations and technological advancements.
