#GenAI in India

[apacnewsnetwork0]

GenAI in India: Tech Industry Partnerships Catalyze Adoption

The likes of IBM, Tech Mahindra, Google Cloud, Netapp, Deloitte, ServiceNow and the likes are all jumping into the GenAI bandwagon. APAC News Network explores the dynamics of some of these partnerships.

GenAI or Generative AI is fast gaining grounds in India, especially in terms of acceptance by different stakeholders. These include the different enterprises across different verticals using GenAI in different facets of their businesses. Another stakeholder has been the Indian GenAI-based SaaS startups whose numbers too are rapidly rising every year. Add to this the IT services giants and software giants who too are jumping into the GenAI bandwagon. Last but not the least, the government too is supporting the GenAI revolution with proactive policy formation and creating appropriate implementation environment in the country.

Worldwide there is an explosion in the number of Gen AI-native SaaS companies and a surge in investment capital, with over $12 billion funneled into 60+ emerging domains in FY23 alone. The Indian players, on the other hand, raised $590 million in funding during the same time period.  While globally there are 259 generative AI startups as of 2024, in India there are around 20+ pure-play generative AI startups.

Also Read More Here : https://apacnewsnetwork.com/2024/04/genai-in-india-tech-industry-partnerships-catalyze-adoption/

[mindsofbrands]

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[todayworldnews2k21]

5G Subscriptions In India To Reach 970 Mn By 2030, Monthly Usage To Touch 66 GB Per Mobile

New Delhi: 5G subscriptions in India are projected to reach around 970 million by the end of 2030, accounting for 74 per cent of mobile subscriptions, according to a report on Tuesday. The 5G subscription are projected to reach over 270 million by the end of this year, accounting for 23 per cent of the total mobile subscriptions in the region, according to the Ericsson Mobility Report, adding…

[thecioconnect]

India Leads Global Generative AI Adoption: 81% of Enterprises Implement Solutions

India emerges as a leader in AI, with 81% of firms adopting GenAI for efficiency in sectors like healthcare and finance, driving innovation and investment.

[dhallblogs]

10 Profitable Indian Startups: A SWOT Analysis.

The steady growth of the Indian economy and the spurt in consumer index has given rise to numerous startups or online-native companies over the last decade or so. Some of these companies garnered recognition from consumers and international investors and soon became giants. For some, after the initial euphoria of high valuations and brand equities, they have got mired in controversies. There are a few who have moved silently and are today witnessing profits on their bottomlines.

ALSO READ MORE- https://apacnewsnetwork.com/2024/07/10-profitable-indian-startups-a-swot-analysis/

[pebblegalaxy]

Deloitte and Yotta Data Services Revolutionize AI Development in India with GenAI Collaboration

Deloitte and Yotta Data Services Revolutionize AI Development in India with GenAI Collaboration #Deloitte #YottaData #GenAI #NVIDIA #GPUcomputing #AI #digitaltransformation #India

Deloitte India and Yotta Data Services have forged a transformative alliance to propel India’s AI landscape forward. This collaboration leverages Deloitte’s profound expertise in artificial intelligence (AI) and Yotta’s state-of-the-art GPU cloud platform to empower businesses and governments in India to develop innovative GenAI applications. As India embarks on a digital transformation journey,…

[aakashmalhotra]

Global Capability Centres (GCCs) are at the forefront of an AI-powered transformation. Deloitte India's latest thought paper, "A GCC leader’s guide for driving Generative AI adoption," provides a roadmap for GCC https://www2.deloitte.com/in/en/pages/strategy/articles/how-can-gccs-accelerate-genai-adoption.html

[news365timesindia]

[ad_1] By Anjali Sharma NEW YORK – HSBC Research said on Tuesday that the Indian IT services industry is expected to pick up to 6-7 per cent in FY26, from 3-4 per cent in the past two years, led by a recovery in the US market. Tech adoption of generative AI (GenAI) has been faster in 2024 compared to business GenAI. HSBC Research said in its ‘Outlook for 2025’ report “We expect business GenAI projects to pick up by next year. Finally, global capability centres continue to grow and take market share from Indian IT, but these gains are moderating,”. Most operating metrics utilization, offshore mix are at peak levels, so as growth improves margin pressure is likely to increase next year. “We think the key here is to adjust the pyramid – the corporate staff structure – by hiring younger engineers to reduce costs. However, this is a long process and is unlikely to be immediately margin accretive,” said the report. “Overall, we expect the IT sector to perform at least in line with market in 2025. Improving growth should attract investor interest away from some other sectors, where the demand outlook is deteriorating but valuations are high,” the report mentioned. The report said within IT, when it comes to stock selection, it’s a case of balancing growth and valuations. “We are less constructive on mid-tier companies as their growth is decelerating but valuations remain rich,” said the report, upgrading Infosys and LTI Mindtree to ‘Buy’ and Wipro to ‘Hold’. “Our preferred picks are Infosys (Buy), LTI Mindtree (Buy), HCLT (Hold), and MphasiS (Buy),” it added. HSBC Research predicted weaker outlook for Europe, GenAI uncertainty and headwinds from global capability centers to restrict upside. “The US demand outlook is positive, led by an improving macro backdrop, especially for banking and retail, and supported by a low base,” the report stated. It added that in Europe, demand is weakening, offsetting some of the upside from the US market. The report noted “From a broader perspective, unlike the last three mega upcycles since 2009, we don’t see any powerful new business or tech drivers,”. The post HSBC Research says India IT industry to rise 6-7% in FY26 appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link

[news365times]

[ad_1] By Anjali Sharma NEW YORK – HSBC Research said on Tuesday that the Indian IT services industry is expected to pick up to 6-7 per cent in FY26, from 3-4 per cent in the past two years, led by a recovery in the US market. Tech adoption of generative AI (GenAI) has been faster in 2024 compared to business GenAI. HSBC Research said in its ‘Outlook for 2025’ report “We expect business GenAI projects to pick up by next year. Finally, global capability centres continue to grow and take market share from Indian IT, but these gains are moderating,”. Most operating metrics utilization, offshore mix are at peak levels, so as growth improves margin pressure is likely to increase next year. “We think the key here is to adjust the pyramid – the corporate staff structure – by hiring younger engineers to reduce costs. However, this is a long process and is unlikely to be immediately margin accretive,” said the report. “Overall, we expect the IT sector to perform at least in line with market in 2025. Improving growth should attract investor interest away from some other sectors, where the demand outlook is deteriorating but valuations are high,” the report mentioned. The report said within IT, when it comes to stock selection, it’s a case of balancing growth and valuations. “We are less constructive on mid-tier companies as their growth is decelerating but valuations remain rich,” said the report, upgrading Infosys and LTI Mindtree to ‘Buy’ and Wipro to ‘Hold’. “Our preferred picks are Infosys (Buy), LTI Mindtree (Buy), HCLT (Hold), and MphasiS (Buy),” it added. HSBC Research predicted weaker outlook for Europe, GenAI uncertainty and headwinds from global capability centers to restrict upside. “The US demand outlook is positive, led by an improving macro backdrop, especially for banking and retail, and supported by a low base,” the report stated. It added that in Europe, demand is weakening, offsetting some of the upside from the US market. The report noted “From a broader perspective, unlike the last three mega upcycles since 2009, we don’t see any powerful new business or tech drivers,”. The post HSBC Research says India IT industry to rise 6-7% in FY26 appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link

[voiceofentrepreneurlife]

SoftBank CEO Meets Startup Founders

On Wednesday, SoftBank CEO Masayoshi Son met with startup founders to discuss topics like Artificial Intelligence (AI), Gen AI potential, investments, and collaborations. Founders from over 10-12 startups, including Paytm’s Vijay Shekhar Sharma, Flipkart CEO Kalyan Krishnamurthy, Lenskart co-founder Peyush Bansal, Ola’s Bhavish Aggarwal, and InMobi founder Naveen Tewari, attended the meeting. According to sources familiar with the meeting, the main focus was on AI and its future.

Son later held one-on-one discussions with a few founders, including Tewari and Aggarwal. Tewari shared insights into InMobi’s work and its AI-based software company, Glance, in the GenAI space. SoftBank first invested in InMobi in 2011, which became India’s first unicorn startup after SoftBank’s $200 million investment.

Sources noted that Son expressed interest in Glance and suggested that SoftBank may invest in it in the future, as it is already backed by investors like Google and Jio Platforms. Read More - https://voiceofentrepreneur.life/softbank-ceo-meets-with-founders-of-startups/

[odnewsin]

India’s GenAI ecosystem soars with 6 times growth in Q2FY25 amid global slump: nasscom report

New Delhi: India’s Generative AI ecosystem has grown remarkably amid a global downturn, recording an impressive 6 times growth in quarterly investments driven by B2B and productivity solutions, according to a report by IT industry body nasscom. nasscom Monday released the “Generative AI Tracker: Tech Industry Activity in Q2FY2025” report that revealed a robust rebound in funding and innovation…

[todayworldnews2k21]

GenAI, Quantum Computing Set To Create Over 10 Lakh Jobs In India By 2030

New Delhi: Emerging technologies like Generative AI (GenAI) and quantum computing are set to create more than 10 lakh jobs in India by 2030, according to a report on Wednesday.  Global capability centres (GCCs) emerged as the powerhouse of tech hiring India during the July-September period (Q2 FY25), driven by robust demand for skills in roles such as AI/ML, analytics, cybersecurity, cloud, and…

[avidlearning]

Avid Learning’s Exciting Upcoming Events in November and December 2024

Avid Learning is known for curating diverse, enriching experiences that blend culture, art, technology, and literature. The lineup for November and December 2024 promises an unforgettable mix of performances, workshops, and discussions. Whether you're a fan of classical music, interested in cutting-edge technology, or drawn to literature and environmental conversations, these events are sure to captivate your interests.

This season, Avid Learning continues to uphold its reputation as a premier platform for intellectual and artistic engagement. Here’s what’s in store:

1. PUCCINI CENTENARY – A NIGHT OF HIS GREATEST ARIAS

When: Friday, 29th November 2024, 7:00 PM - 8:30 PM Where: Royal Opera House, Mumbai Tickets: Rs. 499/- onwards

Music lovers in Mumbai are in for a treat with this evening dedicated to the legendary Italian composer Giacomo Puccini. To commemorate 100 years since his passing, this event will feature some of his most celebrated arias from masterpieces like La Bohème, Tosca, and Madama Butterfly.

Performers Maria Pia Piscitelli, Renzo Zulian, Pier Luigi Dilengite, and Linda Di Carlo will bring these timeless compositions to life. The collaboration between Avid Learning and esteemed cultural organizations guarantees a night of transcendent music. If you’re looking for upcoming concerts in Mumbai that offer a blend of history and art, this is an event not to miss.

2. CREATIVE ALGORITHMS: HOW TO ACE YOUR WRITING USING GENERATIVE AI

When: Saturday, 30th November 2024, 10:30 AM - 2:00 PM Where: Essar House, Mahalaxmi, Mumbai Tickets: Rs. 2500/-

The rise of Generative AI (GenAI) has transformed how we approach creativity, and this workshop dives deep into its potential. Led by Sapna Gupta, this masterclass focuses on enhancing business communication and creative writing skills using AI.

Participants will gain insights into structuring ideas, refining drafts, and tailoring content to various audiences. Whether you're crafting professional emails or brainstorming content strategies, this workshop offers actionable tools for everyday writing challenges.

For those interested in technology events in India, this session presents a valuable opportunity to learn how technology can augment creativity.

3. WARRIORS: AN EVENING OF MALLAKHAMB, KALARIPAYATTU, AND NEW AGE MUSIC

When: Saturday, 30th November 2024, 7:00 PM - 8:30 PM Where: Royal Opera House, Mumbai Tickets: Rs. 499/- onwards

Step into an immersive experience that brings together the ancient traditions of Mallakhamb and Kalaripayattu, paired with the evocative sounds of new-age music. Directed by Benjamin Knapton and featuring musician Donn Bhatt, this performance is a blend of athleticism and artistry.

This event celebrates India's rich cultural heritage while reimagining it for contemporary audiences. The unique fusion of traditional performing arts with modern music showcases the boundless potential of cross-genre collaboration.

For those seeking upcoming concerts or cultural events with a unique twist, this promises an evening of awe-inspiring creativity.

4. SPEAKING WITH NATURE: THE ORIGINS OF INDIAN ENVIRONMENTALISM

When: Thursday, 5th December 2024, 6:30 PM - 8:00 PM Where: Royal Opera House, Mumbai Tickets: Free

This thought-provoking book launch and panel discussion delve into the roots of Indian environmentalism. Highlighting pioneering figures like Rabindranath Tagore and J.C. Kumarappa, the event examines how their ideas laid the foundation for sustainable practices long before global movements gained traction.

In the context of current challenges such as urbanization and climate change, this discussion offers a vital perspective on India’s ecological legacy. The event invites literature enthusiasts and environmental advocates to engage in meaningful dialogue about the past and its relevance to today’s issues.

For fans of literature events in Mumbai, this is a compelling opportunity to deepen your understanding of the intersection between culture and environmental thought.

Why Attend Avid Learning Events?

These events highlight Avid Learning’s dedication to fostering dialogue and collaboration across disciplines. From the timeless appeal of opera to the practical application of AI in writing, each program offers a unique lens to explore culture, creativity, and innovation.

Attendees can look forward to enriching experiences that not only entertain but also inspire deeper thinking about art, technology, and society.

Tips for Booking and Attendance

Early Registration: Popular events like these tend to sell out quickly. Secure your spot by booking tickets well in advance.

Plan Your Visit: The Royal Opera House is a historic venue worth exploring. Arrive early to take in its architectural beauty before the events begin.

Networking Opportunities: Whether attending a concert, workshop, or panel discussion, these events are a great way to connect with like-minded individuals.

Stay Updated: Follow Avid Learning on social media for updates on future programs, including more upcoming concerts in Mumbai and technology events in India.

Avid Learning's Impact on Mumbai’s Cultural Scene

Avid Learning has consistently played a pivotal role in enriching Mumbai’s cultural landscape. Through partnerships with global and local organizations, it bridges the gap between tradition and innovation, offering audiences access to high-quality programming.

As the year winds down, these upcoming events serve as a testament to Avid Learning’s commitment to creating spaces where art, technology, and literature converge. Whether you’re a regular attendee or a first timer, these programs promise to leave a lasting impression.

Mark Your Calendars

Here’s a quick recap of the highlights:

Puccini Centenary: A tribute to the maestro of Italian opera on 29th November 2024.

Generative AI Workshop: Unlock your creative potential with AI tools on 30th November 2024.

Warriors Performance: Experience the synergy of ancient traditions and new-age music on 30th November 2024.

Speaking with Nature: A deep dive into India’s environmental legacy on 5th December 2024.

Whether you're drawn to the resonant notes of Puccini’s arias or curious about leveraging AI in your daily life, Avid Learning has something for everyone. These events not only celebrate creativity and innovation but also offer a chance to engage with Mumbai’s vibrant cultural fabric.

Secure your spot today and make the most of this inspiring lineup.

Website: https://avidlearning.in/

Email: register@essarservices.co.in

Contact: +919769937710