Microsoft believes that India will have a great role in the Artificial Intelligence revolution and Anant Maheshwari, Microsoft India president pointed out that India is already third in the list of countries with AI skill sets.
Microsoft sees India poised to play a significant role in the Artificial Intelligence revolution that is gripping the world, the tech giant’s India president Anant Maheshwari said Wednesday. He was addressing media and analysts at the Microsoft R&D Centre in Bangalore.
India is already third in the list of countries with AI skill sets. “India is at a unique position to play a great role in this revolution,” Maheshwari said, explaining how the world is at a convergence point in relation to tools, data and the cloud, the key ingredients for AI technologies.
“As of now, only 8 per cent of GDP is affected by digital technologies. But this number will be be 60 per cent in 2021,” he said, adding how being such a big population India is generating data at a huge scale.
Maheshwari said the next wave of innovation for India is being driven by the tech intensity of companies. This essentially means how they combine rapid adoption of cutting edge tech with the company’s own distinctive tech and business capabilities.
“We believe AI will enable Indian businesses and more for India’s progress, especially in education, skilling, healthcare and agriculture. Microsoft also believes that it is imperative to build higher awareness and capabilities on security, privacy, trust and accountability. The power of AI is just beginning to be realized and can be a game-changer for India,” he added.
Microsoft AI, the company claimed, is fuelling “digital transformation” in over 700 Indian companies — 60 per cent of which was large manufacturing and financial services enterprises.
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