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India ahead of advanced countries like Germany & Australia in AI adoption and innovation: Report

May 13, 2024
Innovation and Invention , Innovative Ideas
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India has emerged as one of the leading Nation for AI adoption and innovation. As per a report the countries such as India, Singapore, the United Kingdom, and the US have emerged as leaders in AI adoption and innovation. Globally, 67 percent of companies in AI-leading countries report having hybrid IT environments, with India leading at 70 percent and Japan trailing at 24 percent.

Moreover, AI leaders are more likely to experience benefits such as increased production rates, automation of routine activities and enhanced customer experience. The AI adoption underscores its profound impact on economic growth, innovation, and competitiveness globally.

India’s leadership status in AI implementation, especially in the legacy of digital advancement exemplified by milestones like UPI payments. The country’s robust digital infrastructure and extensive mobile & internet penetration are other positive signs in India’s tech stories.

Source : https://economictimes.indiatimes.com/jobs/mid-career/empowering-innovation-the-role-of-product-management-in-todays-business-landscape/articleshow/109557617.cms

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