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AI Appreciation Day 2024: Industry Experts Celebrating the Brilliance of AI
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Celebrate AI Appreciation Day on July 16 by acknowledging AI's impact on daily life, recognizing advancements like Large Language Models, and understanding its role in technology.
Every year on July 16, we celebrate Artificial Intelligence (AI) Appreciation Day, a time to acknowledge and admire the remarkable advancements in AI. From making daily tasks easier to transforming entire industries, AI has become an indispensable part of our lives.
For those unfamiliar, AI is a branch of computer science dedicated to creating systems that can perform tasks typically requiring human intelligence. Whether it's your smartphone's voice assistant or those eerily accurate Netflix recommendations, AI is ubiquitous, enhancing our lives in numerous ways.
This day isn't solely for tech enthusiasts (though we certainly appreciate you!). It's an opportunity to honour the brilliant minds behind AI innovations and to engage in discussions about ethical and privacy considerations as AI continues to evolve—after all, with great power comes great responsibility. One of the most notable advancements in AI recently is the development of Large Language Models (LLMs). These models, such as OpenAI's ChatGPT, Microsoft's Copilot, and Google's Gemini, excel in understanding and generating human-like text.
Padmakumar Nair, CEO & Co-founder of Ennoventure, Inc.
On this Artificial Intelligence Appreciation Day, we recognize the transformative power of AI in reshaping our world and enhancing our daily lives. This year's theme, "AI 4 Society," underscores AI's pivotal role in cultivating a society that is not only more innovative but also more reliable and inclusive. Artificial intelligence is no longer a distant dream; it is a present reality driving progress and positive change across all sectors.
At Ennoventure, Inc., our mission is to use artificial intelligence's transformative potential for the good of society. Our solutions are carefully crafted to safeguard customers and businesses while guaranteeing the safety and authenticity of products in international marketplaces. We want to stimulate innovation and have a beneficial social impact by placing a high priority on ethical and responsible AI development. Our goal is to use AI to make the world a safer and more inclusive place.
As we navigate the complexities of AI governance, our commitment to ensuring that AI serves as a force for encouraging innovation, security, and trust in every community we touch remains unwavering. We believe that by working together, we can create a future where AI serves as a powerful tool for enhancing the quality of life for everyone."
Rajarshi Bhattacharyya, Co-Founder, Chairman and Managing Director, ProcessIT Global
In today's digital era, the sheer volume of data processed by organizational networks makes manual monitoring and establishing security a formidable challenge. Traditional cybersecurity approaches struggle to keep pace with the constantly evolving and sophisticated threat landscape. AI solutions, however, leverage advanced algorithms to analyze vast amounts of data in real-time and provide 24/7 security monitoring. On this AI Appreciation Day, we celebrate the incredible advances AI has made in securing our digital networks. AI excels in strengthening threat detection and prevention, enabling real-time monitoring, and enhancing incident response capabilities. At ProcessIT Global, we recognize the immense potential AI holds in building a secure and safer digital future for both organizations and individuals, and we remain committed to harnessing its power.
Chetan Jain, Founding Executive Director, and Managing Director, Inspira Enterprise
On AI Appreciation Day, we at Inspira Enterprise, reaffirm our commitment to leveraging AI to create a positive societal impact. AI-powered security systems excel in detecting and analyzing vast datasets, and quickly identifying potential threats. By combating sophisticated threat actors and enhancing threat detection, AI streamlines security processes improves incident response times and minimizes human intervention and fatigue. The rapid integration of AI in cybersecurity is reshaping governance and user interaction. By harnessing AI ethically and transparently, we are not just advancing technology but also fostering innovation and inclusivity that transcends boundaries.
Chinmay Hegde, Co-Founder, CEO and Managing Director of Astrikos.ai
Under the central government's ambitious National Infrastructure Pipeline (NIP) Program, India’s infrastructure sector will be fuelled by planned investments worth USD 1.4 trillion by 2025. This massive growth demands a substantial workforce, both technical and non-technical, to ensure these projects succeed. However, the shortage of skilled labour in the sector is a growing challenge, with employability remaining a significant hurdle.
With new airports, roads, and other infrastructure projects slated for this year, the solution to the manpower crisis lies in harnessing Infra-AI technology. The year 2024 will be a critical milestone in AI's evolution, as Infra-AI has the potential to create more efficient, resilient, smarter, and sustainable infrastructure systems by integrating machine learning, IoT, and other advanced technologies. Infra-AI can also provide real-time data analytics and predictive models, monitor carbon emissions, identify inefficiencies, forecast ambient temperature requirements, and optimize energy output. These capabilities empower administrators in planning, monitoring, and decision-making. On AI Appreciation Day 2024, we at Astrikos.ai celebrate AI's vital role in ensuring the enduring success of sustainable infrastructure projects.
Debdoot Mukherjee, Head of AI and Demand Engineering, Meesho
On AI Appreciation Day, we celebrate the tremendous progress this technology has made, particularly in the realm of e-commerce. At Meesho, we uphold AI as a key catalyst for innovation, efficiency, and personalized experiences.
The next generation of AI, Gen AI, has pushed the boundaries of what's possible. From intelligent product recommendations to streamlined logistics, AI is simplifying the e-commerce experience for both businesses and consumers. We're excited to leverage this potential even further.
By harnessing the advanced capabilities of Generative AI, we've seen unprecedented growth in creating tailored shopping experiences, optimizing supply chains, and providing unparalleled customer support to our users. By leveraging AI comprehensively, we look forward to enhancing the e-commerce experience for millions of users across the country, making shopping more accessible and enjoyable.
Pranavan S, Founder & CEO, Control One AI
Artificial Intelligence is revolutionizing sectors with unparalleled efficiency and precision. AI's integration with physical agents and slow-moving equipment exemplifies its role in optimizing real-time operations. AI is enabling unprecedented levels of efficiency and precision in real-time operations, particularly for physical AI agents and slow-moving equipment utilised in a variety of industries. Advanced algorithms allow these AI agents to function with unparalleled accuracy and efficacy, optimizing jobs that previously required meticulous attention and lowering operational costs.
The integration of AI into slow-moving equipment and physical AI agents is a big step towards intelligent automation. It empowers human operators by freeing them from repetitive or risky jobs, allowing them to concentrate on more strategic operations. This collaboration not only improves operational efficiency but also promotes safer working conditions and better resource allocation.
AI is more than just automating operations; it is changing how industries handle complicated tasks and operational challenges. As AI advances, its impact on physical AI agents and slow-moving equipment promises to usher in a new era of innovation, productivity, and dependability across a variety of industries.
Krishna Rangasayee, CEO and Founder, SiMa.ai
Today, AI has seamlessly woven itself into the fabric of our daily routines, enhancing efficiency, personalization, and decision-making across various domains. It has become an integral part of our everyday lives, impacting sectors such as healthcare, education, transportation, and entertainment, among others. While significant AI innovations have already occurred in the cloud, the future lies in advancing AI at the edge, providing essential support for mission-critical work such as unmanned drones and medical devices. Also, the rise of smaller, use case-specific AI models will lead to more localized generative AI services. As AI's role in our world continues to expand, it becomes crucial to ensure its responsible and ethical use.
Aligned with this year's theme, "AI for Society," it is crucial to ensure that AI development and deployment prioritize ethical considerations, transparency, and inclusivity. “AI for Society” emphasizes leveraging technology to solve real-world problems, creating a future where innovation and compassion coexist to build a more equitable world. By focusing on responsible AI practices, we can harness the full potential of AI technologies to benefit everyone, driving positive global change and fostering trust in AI systems. This commitment to ethical AI will help create a future where AI serves as a force for good, improving lives and communities worldwide.
Dr Sabine Kapasi, Co-Founder and MD at Enira Consulting
As we celebrate AI Appreciation Day, we recognize its profound influence in healthcare. AI's advanced algorithms and machine learning models have catalyzed a paradigm shift, enabling precise diagnosis, personalized treatment plans, and predictive insights that were once unimaginable. From image recognition in radiology to genomic analysis in precision medicine, AI has not only augmented medical expertise but also accelerated research and development. Today, we commemorate AI's role in redefining healthcare delivery and enhancing patient outcomes, heralding a future where innovation continues to redefine the boundaries of medical science.
Joy Sekhri, Vice President, Cyber & Intelligence Solutions, South Asia, Mastercard
In today’s digital age, artificial intelligence (AI) plays a crucial role in securing financial transactions. Every time a consumer swipes a card, taps a phone, or clicks 'complete purchase’, AI is working behind the scenes to prevent fraud. The growing sophistication of cyberattacks requires equally advanced countermeasures. AI's ability to analyze vast amounts of data in real-time allows organizations to detect even subtle anomalies and prevent fraud before it happens. Mastercard leverages AI to safeguard billions of transactions annually. The company’s AI-powered cybersecurity solutions have prevented over $35 billion in fraud losses globally in the last few years. Mastercard also leverages behavioural solutions to detect automation and prevent account takeovers. Moving forward, a collaborative approach by various stakeholders in the ecosystem will be essential to stay ahead of the evolving cybersecurity threats and ensure consumer safety.
Amit Luthra, Managing Director – India, Lenovo ISG
The AI decade has just begun, and we must recognize and emphasize practical applications over technological breakthroughs. With an increase in AI application, mitigating risks and deployment complexities becomes crucial for organizations looking to expand and enhance their operations. At Lenovo, our goal is to deliver AI to your data efficiently and responsibly. This AI Appreciation Day, let’s reaffirm our commitment to a ‘’Hybrid AI’’ vision ensuring AI is accessible, fair, and inclusive to all.
Today, 57% of Indian CIOs see AI as a game changer but face the biggest deployment challenges that are identifying the right business use case and skilled AI talent. Lenovo’s ongoing $1 billion investment in delivering a comprehensive AI-ready portfolio, spanning from pocket to cloud, accelerates large-scale AI deployment. Additionally, our ‘AI Fast Start’ for AI Innovators offering 165+ deployment-ready solutions, and 8-GPU systems quickly demonstrates AI value across industries.
As business needs expand, hybrid Smarter Infrastructure effectively manages AI complexities. Moreover, it enables them to generate and process data in real-time helping them to improve, innovate, and enhance superior customer experience. Ushering in this new era of AI, businesses must develop and evolve the entire industrial ecosystem to ensure AI is accessible across all development and application stages. Everyone should benefit from these advancements in a more sustainable future created through smarter AI.
Mayank Baid, Regional Vice President, India, Cloudera
In India, AI is no longer a new technology or concept, but a part of India's digital progress as one of the fastest-growing economies in the world. While 2023 was centered on AI quality and capabilities, 2024 is geared toward delivering tangible value. To achieve this, businesses are developing custom AI solutions to maximize the technology's benefits. However, many Indian organizations still struggle to integrate AI models with business data and deploy LLMs efficiently. These challenges delay the realization of AI's full potential, preventing businesses from maximizing data value, driving revenue, and optimizing costs. Additionally, the lack of accessible AI-driven tools for data analysis hinders the extraction of valuable insights.
At Cloudera, we fully understand this and constantly work towards addressing these gaps to better equip our customers to make data-driven decisions. We have recently introduced AI-driven assistants, including SQL AI Assistants, an AI Chatbot in Cloudera Data Visualization, and Cloudera Copilot for Cloudera Machine Learning. These tools accelerate AI development, democratize access to insights, reduce data management costs, and enable new use cases, empowering businesses to fully leverage their data.
Recently, an Indonesian bank, OCBC, has chosen Cloudera to support their vision of becoming a digital-first bank, enhancing customer experiences. The bank aims to leverage Cloudera's hybrid data platform for generative AI, data management, and analytics. This partnership will aid The bank’s data science team integrated their data lake with various applications, enabling the delivery of advanced AI models and personalized customer recommendations.
Sreejith AR, Global Head of Middleware Data Product & Services, Head of Creation Platform & Shared Services – APAC, Amadeus
In an era where one-size-fits-all no longer cuts it, travelers crave unique experiences. Gen AI is today solving this by providing hyper-personalized search results to real-time recommendations, unlocking a new era of travel. At Amadeus, we are leveraging Gen AI to make the experience of travel better, for everyone, everywhere. We are empowering travel providers and sellers worldwide, to enable them to deliver smarter, more personalized travel experiences to their customers. Our APIs empower travel innovators to develop AI-based applications that not only innovate with new features but also introduce disruptive business models, fundamentally reshaping the travel experience. For instance, our Cytric solution offers conversational flight search, allowing travelers to book trips in natural language and inquire about travel policies and costs effortlessly. Amadeus Hey! builds brand loyalty post-trip through smart campaign management, keeping travelers inspired and engaged. In fact, AI's impact extends beyond travel enhancements; it revolutionizes customer support by automating responses, providing instant and accurate information, thereby enhancing satisfaction and reducing the workload on support teams.
Looking ahead, AI-powered customer service promises heightened empathy and efficiency, establishing unprecedented standards in customer experience across the industry. AI brings transformative services to travelers' fingertips, facilitating smarter choices, stress-free journeys, and seamless experiences. At Amadeus, we extend AI's benefits not only to our customers but also integrate AI tools like Copilot to empower our employees, unlocking their full creative and productive potential. At Amadeus, we ignite a culture of relentless innovation and unparalleled efficiency that will transform the travel industry.
Karthik Rajaram, Area Vice President and General Manager, India, Elastic
As India's digital economy rapidly expands, Artificial Intelligence (AI) has seen significant growth, redefining the country's technological capabilities and social impact. From simplifying mundane tasks to solving complex global challenges, AI has seamlessly integrated into various aspects of our personal and work lives, driving efficiency and innovation and revolutionizing industries.
Among the various applications of AI, Search AI stands out as a game-changer. Taking the precision of search and the intelligence of AI, Elastic has helped many organizations interact with and derive value from their data, to get answers that are faster, smarter, and more efficient.
In healthcare, it is helping medical professionals quickly access critical patient information, research studies, and treatment plans, enabling better diagnosis and care. In business, it is empowering companies to swiftly uncover actionable insights from vast data pools, enhancing decision-making, customer service, and operational efficiency. Additionally, it assists IT and security teams in real-time threat identification and helps businesses offer more targeted customer support.
Yet, as we celebrate AI and its achievements, it is also crucial to emphasize our responsibility in ensuring its ethical application. Elastic is deeply committed to AI's ethical development and deployment, emphasizing transparency, accountability, and fairness. Our vision is to harness the power of Search AI while preventing biases and ensuring equitable benefits for everyone.
On this AI Appreciation Day, let us celebrate the extraordinary advancements in AI technology and the positive impact it has on our lives. Let us commend the innovators and visionaries who make these advancements possible. At Elastic, we are thrilled to be part of this journey, transforming how the world searches, accesses, and interacts with data.”
Mohit Sood, regional managing principal, ZS
AI powered advancements have played a significant role in addressing several challenges in healthcare and beyond. AI, in its various forms, including multimodal, generative, and predictive, has showed its potential for streamlining all aspects of the life sciences discipline including early diagnosis and disease detection, drug discovery and development, and patient engagement. The adoption and implementation of this technology is transforming India’s healthcare infrastructure, making it affordable and accessible. As we look to integrate and scale AI further, building trust among all stakeholders is necessary. It means keeping AI models relevant with the right knowledge, human empathy, and data and monitoring bias while ensuring cost efficiency.
At ZS, we understand the business challenges faced by our clients. Our platform and product solutions such as ZAIDYN, Max.AI are designed and developed to serve our clients across functional areas. We acquired companies like Trials.ai and Intelligencia.ai to further strengthen our capabilities to help our clients respond to evolving market needs. We combine our consulting services with the power of data, analytics, and technological sophistication, to continuously co-create and reinvent digital operating models. Humans are at the centre of driving AI transformation along with a concerted ecosystem effort to ensure its safe use.
Anil Kumar, CTO of Exotel
At Exotel, we are committed to leveraging the power of AI to transform customer engagement. On AI Appreciation Day, we recognize the tremendous impact AI has on enhancing customer interactions, personalizing experiences, and driving operational efficiency. Our AI-driven solutions are designed to help businesses navigate the complexities in customer communications, ensuring seamless and meaningful customer engagements. As we celebrate this day, we reaffirm our dedication to innovation and excellence in customer communication.
The Transformative Power of Gen AI in Business Communication
In celebration of AI Appreciation Day, it's important to recognize the pivotal role Gen AI plays in revolutionizing customer experiences across industries. Here are six key ways this technology is transforming business communication:
1. Enhanced Customer Experience
Enhanced Personalization: Gen AI enables businesses to provide deeply personalized customer interactions by breaking down data silos and integrating diverse information sources. This precision significantly improves customer satisfaction across various sectors.
24/7 Customer Support: Gen AI empowers companies to offer round-the-clock support, ensuring customers receive immediate assistance and resolution at any time, enhancing the overall customer experience.
Consistent Omnichannel Experiences: Gen AI ensures seamless integration across multiple communication channels, providing a consistent and cohesive customer experience. This consistency enhances customer satisfaction regardless of the platform or medium used.
2. Operational Efficiency
Scalability: Industries can manage vast volumes of customer interactions efficiently with Gen AI, scaling operations without sacrificing response quality or speed, thus meeting growing demands seamlessly.
Resource Optimization: By automating routine inquiries, Gen AI frees up human agents to concentrate on complex, high-value tasks. This optimizes resource utilization, allowing businesses to focus their human talent on more critical issues.
3. Data-Driven Insights
Insightful Analytics: Gen AI tools analyze customer interactions to generate actionable insights, enabling businesses to continuously refine their service offerings. This data-driven approach drives improvements and innovation across the industry.
In Summary- Gen AI is revolutionizing customer interactions by offering enhanced personalization, 24/7 support, consistent omnichannel experiences, scalability, resource optimization, and insightful analytics. These advancements drive significant improvements in customer satisfaction and operational efficiency across various industries
Unmesh Kulkarni, Head of Gen AI, Tredence
AI is a driver of innovation, efficiency, and growth across various industries. Generative AI and AI/ML are driving massive transformation in all industries, democratizing insights, transforming customer experience, and unlocking new possibilities that we could’ve barely imagined a few years back.
AI excels at processing vast amounts of data to derive insights and make rapid and accurate decisions. In Retail and CPG industries, for example, AI-driven demand forecasting and inventory management reduce costs and improve efficiency. In Financial, Healthcare and other industries, AI is helping enhance cybersecurity, streamline fraud management, discover new drugs, process claims and enable real-time customer service through smarter virtual assistants.
Businesses are building customized tools similar to ChatGPT with their own data to empower their employees to create new content, make better decisions, automate routine tasks, develop software faster, and free up their time to do more value-added work. It’s important to stay ahead of this curve to remain competitive. However, AI adoption brings challenges such as data privacy concerns, misinformation, and workforce impacts. As we embrace this technology, it’s crucial to uphold ethical standards, ensuring transparency, fairness, and accountability. As we look to the future, we must focus on solving these problems & enabling the workforce to leverage AI safely. Let's innovate responsibly and leverage AI to create a more inclusive future for all.
Ganesh Gopalan, Co-founder & CEO, Gnani.ai
On AI Appreciation Day, Gnani.ai celebrates the transformative power of artificial intelligence. Our dedication to AI innovation places us at the forefront of voice AI and natural language processing. With our voice-first Small Language Models and Gen AI, we automate customer queries and enhance agent efficiency, fostering seamless connections and bridging technological gaps. Today, we honour the relentless innovation and passion for AI that empowers businesses and individuals alike. Gnani.ai is committed to the responsible development of AI solutions, ensuring their ethical use and positive societal impact. We are proud to contribute to the profound impact of AI and remain steadfast in our mission to make advanced AI technology accessible and beneficial for all.
Amitabh Misra, CTO, Sprinklr
The AI landscape today is rapidly evolving, and we stand at the cusp of transformative change. As we look ahead, we see AI not just as a tool, but as a fundamental shift in the way we operate and innovate. We have witnessed firsthand the transformative impact of AI, and this has driven us to integrate it into our own products, such as the Sprinklr Digital Twin. This new AI technology transcends traditional conversational AI chat bots, providing a more comprehensive and effective solution. At Sprinklr, we are building in India, for India and we are committed to leveraging AI to drive progress and innovation. On this AI Appreciation Day, we look forward to continuing to harness the power of AI to drive progress and innovation in the years to come.
Piyush Goel, Founder & CEO of Beyond Key
On AI Appreciation Day, we celebrate the profound impact of artificial intelligence on transforming industries and enhancing human capabilities. At Beyond Key, we are committed to pioneering cutting-edge AI solutions that drive innovation and efficiency across diverse sectors. AI has the potential to revolutionize the way businesses operate, from optimizing processes and improving decision-making to delivering personalized customer experiences. Our focus on developing scalable and robust AI-driven software solutions empowers our clients to stay ahead in a competitive landscape. As we harness the power of AI, we also recognize the importance of ethical and responsible AI practices, ensuring that technology serves humanity with integrity and fairness. At Beyond Key, we remain dedicated to pushing the boundaries of what's possible with AI, fostering a future where technology and human ingenuity work hand in hand to create a smarter, more connected world.
Pradeep Kirnapure, Distinguished Engineer, HSC
On AI Appreciation Day, we recognize the transformative impact of artificial intelligence on the world we live in. Hughes Systique Corporation (HSC) is an active contributor to this revolution, providing unparalleled Digital Engineering solutions that drive innovation and excellence. Our end-to-end product engineering and R&D services across various cutting-edge technologies empower businesses to harness the full potential of AI. At HSC, we are committed to advancing AI capabilities, enabling smarter decision-making, enhancing user experiences, and fostering sustainable growth while being sensitive to the need for Harmless, Helpful & Honest AI. As we celebrate the strides made in AI, we reaffirm our commitment to pushing the boundaries of what's possible, ensuring that our clients stay ahead in an ever-evolving technological landscape.
Rayan Malhotra, founder and CEO of NeoFinity
Artificial intelligence (AI) is not just a technological advancement; it is the cornerstone of the future of fintech and beyond. At Neofinity, we have witnessed firsthand the transformative power of AI in revolutionising financial services. From enhancing customer experiences through personalised financial advice to optimising risk management and fraud detection, AI has become an indispensable ally in driving innovation and efficiency.
AI Appreciation Day is an opportune moment to acknowledge and celebrate AI’s profound impact on our industry. At NeoFinity, we are unwavering in our commitment to leveraging AI to create value and ultimately shape a better, more connected world. AI has democratised access to financial services, enabling even the underserved segments to benefit from sophisticated financial products and services. Moreover, AI's predictive analytics capabilities empower us to make data-driven decisions, fostering a more resilient and responsive financial ecosystem.
Siva Balakrishnan, founder and CEO of Vserve
On AI Appreciation Day, we at Vserve celebrate the transformative power of artificial intelligence in the e-commerce landscape. As an industry expert, AI is deeply embedded in our daily operations, driving efficiency and innovation. Even when it comes to intelligent inventory management, AI plays a pivotal role in how we serve our clients and their customers.
Our AI-driven analytics provide real-time insights, helping businesses make data-informed decisions and stay ahead of market trends. Chatbots and virtual assistants enhance customer support, offering instant, 24/7 assistance and improving overall customer satisfaction. Additionally, AI-powered algorithms streamline supply chain operations, ensuring timely deliveries and optimal stock levels.
AI's influence on our operations extends to fraud detection and cybersecurity, where advanced algorithms help protect sensitive data and prevent fraudulent activities. As we celebrate AI Appreciation Day, we acknowledge the profound impact AI has on our growth and success, and we remain committed to leveraging its potential to drive innovation and excellence in the e-commerce industry." - Siva Balakrishnan, Founder & CEO of Vserve.
On this AI Appreciation Day, let's celebrate AI’s achievements and look forward to its endless possibilities. We can build a future where technology and human ingenuity work together to create a brighter, more prosperous world.
Ram Meenakshisundaram, Chief Technology Officer, Virtusa Corporation
On AI Appreciation Day, we at Virtusa celebrate the profound impact of artificial intelligence in revolutionizing industries and driving innovation. With India's AI market projected to reach $17 billion by 2027, growing at a CAGR of 25-35% between 2024 and 2027, AI is a cornerstone of our nation's technological advancement. Strong government support through the India AI Mission, coupled with substantial funding and a focus on developing AI infrastructure and workforce skills, underpins this growth. Enhanced IT infrastructure and continuous technological advancements enable AI's widespread adoption across sectors. At Virtusa, our Engineering First approach means thinking about opportunities for AI throughout the lifecycle of any project, fostering a culture of continuous learning and ethical AI practices. We believe AI is not just a technological advancement but a catalyst for unlocking human potential and redefining the future of business, creating lasting positive impacts for our clients and communities.
Sachin Panicker, Chief AI Officer, Fulcrum Digital
AI is not just a technological advancement; it's a transformative force reshaping enterprises and economies, especially in India. By streamlining processes and enhancing decision-making, AI is unlocking new opportunities and driving growth across industries. For Indian enterprises, regardless of size of operations, AI is a game-changer, enabling them to expand their reach, improve customer relationships, and compete on a global scale. MSMEs have an added benefit as AI empowers them to operate more efficiently and strategically, overcoming resource limitations and enhancing their competitiveness.
Beyond business, AI stands as a great equalizer, providing access to vital information and resources, thus levelling the playing field for all. As we celebrate AI Appreciation Day, let's recognize the profound impact AI is having on the Indian economy and its promise to uplift humanity, driving us towards a more equitable and prosperous future.
Vasanthi Ramesh, VP – Engineering, NetApp India
For Indian enterprises, the adoption of AI in the past year has been particularly transformative. According to NetApp’s 2024 Cloud Complexity Report, nearly 70% of businesses in India are already leveraging AI to gain competitive advantages. With this trend of AI adoption comes the massive undertaking of efficient, adaptable, and secure data management. As businesses strive to harness the power of their data to drive innovation and operational efficiency, Intelligent Data Infrastructure (IDI) becomes indispensable. With the right data infrastructure, Indian companies can unlock significant value from their data, accelerating growth and staying ahead in the global market.
AI, along with IDI, is enabling Indian enterprises to streamline their data processes, reduce costs, and enhance decision-making capabilities. This not only drives productivity and innovation but also strengthens India's standing in AI adoption globally. On AI Appreciation Day, we recognize that as AI continues to reshape the business landscape, Indian enterprises are set to flourish, leveraging cutting-edge IDI solutions to drive the economy forward.
Neelesh Kripalani, Chief Technology Officer, Clover Infotech
On AI Appreciation Day, we recognize the transformative power of artificial intelligence in revolutionizing enterprise operations and enhancing customer experiences. As the CTO of an IT solutions company, I have witnessed how AI acts as a catalyst for innovation and efficiency. By leveraging AI, including the advanced capabilities of Generative AI (GenAI), enterprises can access real-time insights, thereby enhancing decision-making, personalizing the customer journey, improving data security, and offering real value to stakeholders. As we look to the future, the potential of AI to drive unprecedented growth and redefine industry standards is boundless. Our commitment is to stay at the forefront of this technological evolution, guide our clients to harness AI's full potential and shape a smarter, more connected world.
Deekshith Marla, Co-founder of Arya.ai, an Aurionpro Solutions company
Artificial intelligence is reshaping the financial services landscape with its transformative skills. AI isn't just a tool anymore; it's a catalyst for innovation that's revolutionizing how we approach banking and fintech. Joining hands with Aurionpro Solutions, is allowing us to witness how AI can enhance operational efficiency, strengthen fraud detection, and deliver personalized customer experiences for the banking and fintech space. Our AI-driven solutions are enabling financial institutions to make more accurate decisions, automate complex processes, and stay ahead in regulatory compliance. As we look to the future, we're excited about AI's potential to further democratize financial services, making them more accessible, secure, and tailored to individual needs. AI Appreciation Day reminds us that we're not just developing technology – we're shaping the future of finance.
Anand Mahurkar, Founder & CEO of Findability Sciences
On AI Appreciation Day, we honour the profound advancements in technology that are defining our lives. From Findability Sciences' inception, our journey has been one of relentless innovation, harnessing AI to transform industries and drive unprecedented growth and innovation. We've seen AI revolutionize sectors from healthcare to finance, bringing clarity and actionable insights from vast datasets. This day also serves as a reminder of the ethical considerations that must guide our path; responsible AI development is paramount. Reflecting on our growth, I am inspired by the potential of AI to not only advance technology but to elevate humanity, fostering a future where intelligent solutions lead to sustainable progress and ethical innovation.
Anish Kapoor, Chief Executive Officer, Infinix India
Artificial Intelligence (AI) is fundamentally transforming the tech industry, revolutionizing how we interact with technology. From voice assistants to smart wearables, AI is seamlessly integrating into our daily lives creating a more efficient and connected world. Globally, businesses are swiftly adopting AI to enhance their products and services, positioning themselves at the forefront of technological interventions.
At Infinix, our dedication to advancing AI is evident in our Infinix smartphones equipped with AI Folax. This feature integrates voice commands with AI-powered lighting effects as well as incoming calls, notifications, music playback, charging and gaming, offering an interesting way for users to interact with their smartphones. Additionally, our newly launched Zero Book Ultra AI PCs, powered by Intel Core Ultra processors with integrated NPUs, are designed to efficiently handle AI workloads, significantly enhancing the user experience.
We're committed to pushing the boundaries of AI technology, enhancing user experiences, and driving the future of tech forward. Together, we're embracing AI's potential to revolutionize our lives and lead the way in technological advancements.
Vishal Salvi, CEO, Quick Heal Technologies Limited
India's technology landscape is gaining global recognition for its remarkable AI advancements and groundbreaking developments. The country's vibrant startup ecosystem is fueling the unstoppable momentum of Indian tech. At Quick Heal and Seqrite, we are AI pioneers and natives with our patented GoDeep.AI technology at the core of our products. This expertise gives us a profound understanding of AI's potential and the risks associated with its misuse.
AI is crucial in cybersecurity, enabling rapid identification of anomalies and potential threats while enhancing defenses through proactive monitoring and adaptive responses. It also predicts and mitigates risks, bolstering digital infrastructures against evolving cyber threats. With a strong foundation in AI, we are proud to be India's first company to join the US Artificial Intelligence Safety Institute consortium, leading and shaping the global AI narrative towards its responsible use.
Raj Sivaraju, President, APAC, Arete
On AI Appreciation Day, we celebrate how Artificial Intelligence (AI) is revolutionizing our world. AI simplifies business operations, enhances analytics, and optimizes value chains, leading to cost-effective solutions and improved customer experiences. Across various industries, AI has become a cornerstone of growth strategies, enabling businesses to innovate and thrive in the digital age. Its transformative power extends beyond efficiency, influencing how we interact with technology and each other. As we embrace AI's capabilities, we recognize its potential to shape the future positively. AI Appreciation Day serves as a reminder of AI's profound impact on society and encourages us to explore new possibilities in harnessing its benefits responsibly for continued advancement and innovation.
Nishith Rastogi, Founder & CEO, Locus.sh
AI Appreciation Day is the ideal time to acknowledge AI’s vast potential in creating new benchmarks across industries and reflect on its impact so far. At Locus.sh, we believe that AI will be key to delivering unprecedented growth in the logistics industry across every mile and every channel of fulfillment. We look forward to developing the next generation of innovative solutions that truly harness its capabilities to redefine logistics excellence, customer experiences, and standards around predictability, convenience, and flexibility in fulfillment.
AI appreciation Day 2024 – Thoughts from various industry leaders
As AI is playing a key role in almost 50% of the companies worldwide with an estimated CAGR of 37.3% from 2023 to 2030 and the demand for AI based tools in the major segments like IT, healthcare, banking and finance, telecommunication and automobile etc, I would like to take you through the thoughts of the industry leaders from various industries, commenting on the need and requirement of AI in their respective industries. AI appreciation day is celebrated every year for the boundless potential and accomplishments of Artificial Intelligence along with the researchers, developers and engineers who are behind its rapid development.
Mr. L Srinath Reddy, Managing Director, Raminfo Limited.
“At Raminfo, we celebrate the power of AI to transform industries, innovate solutions, and empower progress. In our journey, AI has revolutionized how we analyze complex data, enhancing decision-making, optimizing processes, and delivering insights that drive meaningful outcomes. We are introducing a cutting-edge neural network that will leverage AI to simplify intricate data analysis, making it more accessible and actionable for our clients. Today, on AI Appreciation Day and beyond, we continue to leverage AI's capabilities to pioneer advancements in e-governance, IoT analytics, engineering, education and skill development, Agri & Logistics, and energy sectors shaping a future where possibilities are limitless. We also commend the progress made in the deep tech policy, as the government plans to introduce measures to unlock long-term funds and support for deep tech startups, reinforcing our commitment to innovation and sustainable growth through advanced technologies."
Karun Tadepalli, CEO and Co-Founder, byteXL
“AI Appreciation Day serves as a key moment to showcase the prominence of AI in our day to day lives. AI has played a key role in revolutionizing and transforming education through EdTech. Deployment of AI in the edtech products has increased drastically and Intelligent Tutoring Systems and AI-driven educational tools like adaptive classroom teaching, automated student assessments tracking, and personalized student analytics are reshaping learning environments. They have been instrumental in streamlining student enrolment, create tailored academic content and enhance language tutoring through conversational AI. These innovations aim to foster a more efficient and personalized educational experience, leveraging technology to cater to individual student needs and optimize outcomes. India has a long way to go in AI development. I am sure our policymakers are thinking of the challenges”
Prem Kumar Vislawath, CEO and Co-Founder - Marut Drones
“The fusion of AI and drone technology seems to have opened applications across various industries. With AI algorithms, drones can now process vast amounts of data in real-time, enabling them to make autonomous decisions based on their surroundings. By enhancing capabilities from autonomous navigation and precision agriculture to disaster response and surveillance, India's AI mission is significantly contributing to the growth of the Indian drone sector. Drones with AI and facial recognition are also helping in law enforcement and assisting in managing crowds. In agriculture, AI-equipped drones are offering farmers valuable insights by capturing high-resolution imagery, analyzing crop health, and identifying areas that require attention, leading to optimized resource allocation and increased yields. AI continues to evolve; the future of drone technology appears even more promising.”
Sreekumar Pillai, CTO and Co-Founder – Experion Technologies
“We are witnessing a significant shift in how AI influences our daily lives, driving a wave of AI-driven transformation in delivering products and services by various industries. This shift enhances product quality, customer experience, and more, making AI a crucial component of the digital transformation journey.Software companies are no exception. Despite technological advancements, software creation has remained largely unchanged for decades. Traditionally, it relied on capturing business requirements, translating them into software requirements, and iterating through development, testing, and user feedback.The application of Generative AI is now significantly improving how software teams capture and develop requirements comprehensively, reducing missing and ambiguous requirements. AI-assisted code development is gaining traction, contributing to the delivery of high-quality software in shorter time cycles.
As AI continues to evolve, its potential to drive innovation and efficiency across various industries is immense. Take healthcare, for example, Google's DeepMind claims that it can detect over 50+ eye diseases with the same accuracy as top specialists. Amazon and Netflix use AI-powered recommendation systems to personalize customer experiences, boosting sales and engagement. Gen AI is widely being leveraged by e-commerce sites to provide summary of user reviews and ratings.With AI continuing to evolve, we look forward to a future where innovation and efficiency drive unprecedented advancements in technology driven industries”
Sunil Sharma, Global Head of Strategy, Innovation and DSiL (Digital Science Innovation Lab)
"The transformational power of AI Artificial Intelligence is continuously evolving and shaping our present and future. We must take advantage of AI Appreciation Day to collaborate, raise awareness, and find inspiration for the next wave of AI achievements. In this regard, endeavors such as the Digital Science Innovation Lab (DSiL) by CriticalRiver, focused on leveraging the latest advancements in AI and Data Science to drive innovation and solve complex business challenges, play a vital role in today’s digital landscape. DSiL combines home-grown AI Platforms and data accelerators and an adaptive implementation approach to build scalable AI/data capabilities that deliver business outcomes. By embracing these advancements, we can pave the way for a more intelligent and efficient future.”
Sourabh Deorah, CEO & Co-founder, AdvantageClub.ai
Over the last decade, AI has transformed and created a deep impact on our daily lives. Recommendation engines and algorithms have greatly supported us throughout. However, we never had a chance to interact directly with such AI tools. Today, with LLMs, we can directly see the power and potential of AI. We at AdvantageClub.ai are proud to be the 1st employee experience platform in the world to harness the power of AI for personalizing awards, infrastructure, and engagement for our customers. Today, on AI Appreciation Day, we celebrate this innovative technology and its potential to revolutionize the way we work.
Rohit Gupta, Co-Founder & COO of College Vidya
On AI Appreciation Day, we celebrate the transformative power of AI in education. India has emerged as a significant contributor, recognizing the potential of AI to address educational challenges and enhance teaching and learning practices. Through personalized learning and language learning platforms, AI tailors education to meet individual needs, creating inclusive and efficient learning experiences. While India has made commendable progress, continued investment in research and implementation is crucial to ensure equitable access to AI technologies. At College Vidya, we are proud to contribute to this cause through our AI-powered search tool, revolutionizing how users navigate through educational resources. With our commitment to accurate information and community-driven learning, we strive to make online education mainstream and accessible to all.
Spokesperson – Raghav Gupta, Managing Director, APAC and India, Coursera
"Prime Minister Modi's vision of preparing skilled professionals for the world underscores India’s potential as a global AI talent hub, driven by our large, young, English-speaking, tech-savvy population eager for affordable education. This is reflected in the growing demand for GenAI courses by Indian learners on Coursera, also showcasing their resilience and forward-thinking spirit needed to thrive amid rapid technological shifts.
On AI Appreciation Day, we are reminded of our collective responsibility to harness GenAI's potential, transforming it into an opportunity for everyone. As the GenAI revolution progresses, it is ushering in a new wave of innovation and productivity but also causes concerns about job security and challenges for businesses to adapt. An EY report estimates that GenAI could add $1.2-1.5 trillion to India’s GDP in the next 7 years, with education and upskilling as critical drivers. However, 69% of jobs in India are at risk of some degree of automation. White-collar workers, in particular, need to demonstrate their GenAI skills to secure employment and advance their careers. The soaring demand for GenAI courses on Coursera highlights the potential of this technology to address its own disruption, revolutionize education, and transform not only 'how' but 'what' we all learn.
India leads globally with 700,000 enrollments across 250+ GenAI courses and projects on Coursera, translating to someone in India enrolling in GenAI content every minute. Beyond AI and tech skills, there is also an enduring need for human skills like communication, problem-solving, computer literacy, and management. As AI accelerates and puts more jobs at risk, leadership will become increasingly important, as it is a uniquely human skill that AI will likely never replace.
The technology has also allowed us to break down language barriers by translating over 4,400 courses into 21 languages, including Hindi, making high-quality learning more accessible.
The remarkable uptake of GenAI courses in India highlights a nationwide commitment to embracing the future of work. This trend, driven by both individual and organizational efforts, underscores India’s leadership in the AI revolution and its readiness to harness AI technology to accelerate towards the $5 trillion economy vision."
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