New Delhi, November 18: Most of the Indian enterprises (94 per cent) are now using generative AI (GenAI) in at least one function, the highest percentage globally across 19 countries surveyed, according to a report on Monday. However, only 24 per cent of Indian respondents believe their GenAI applications are production-ready as respondents across Asia-Pacific cite key hurdles including cost (40 per cent), skills (38 per cent), governance (38 per cent) and quality (33 per cent), found the report by AI company Databricks.

More than seven in 10 Indian respondents see AI as crucial to their long-term goals. Despite the momentum, only 29 per cent believe investment across technical and non-technical domains is sufficient. By 2027, 100 per cent of all Indian respondents expect GenAI adoption across both internal and external use cases. 슬롯사이트As businesses in India rapidly adopt AI, they are setting a new benchmark for integrating data-driven solutions tailored to the customers슬롯사이트� unique needs,슬롯사이트� said Anil Bhasin, Vice President and Country Manager for Databricks India.슬롯 머신 사이트 추천Grok Can Now Fact Check ChatGPT Generated Content (Watch Video).

The report 슬롯사이트reinforces the importance of data intelligence and highlights that industry leaders will be those who take a holistic approach, focusing on robust data management, governance, and specialised expertise,슬롯사이트� he added. The AI market of India is growing at a CAGR of 25-35 per cent and is expected to reach $17 billion by 2027, according to a recent Nasscom-BCG report.

While more companies are investing in AI than ever before, struggles related to delivering business-specific, highly accurate, and well-governed results at a reasonable cost are preventing organisations from scaling their AI efforts and achieving more transformational results.슬롯 머신 사이트 추천Naver To Launch Joint Venture With Saudi Arabia슬롯사이트s State Housing Company for Digital Twin Platform Projects in Middle East.

According to 86 per cent of Indian respondents, within the next three years, natural language will be the primary or only way non-technical staff will interact with complex datasets. Notably, organisations are also using AI to improve customer service, fraud detection, and patient care, among the many other use cases, highlighting the long-term potential of the technology to accelerate overall business success, said the report.

(The above story first appeared on LatestLY on Nov 18, 2024 12:08 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).