New Delhi, June 22 (IANS) Nearly 78 per cent of micro, small and medium enterprises (MSMEs) now rank operational efficiency as their top priority for the year ahead, outpacing revenue growth and customer acquisition, a report said on Monday.India’s MSMEs are rewriting their growth playbook, the report from CyberMedia Research (CMR) said, as 71 per cent prioritised revenue growth and 64 per cent named customer acquisition as top priority.The report revealed that MSMEs are undertaking a strategic …
Latest AI adoption News & Updates
New Delhi, June 13 (IANS) India’s services sector is among the most exposed to artificial intelligence‑driven productivity gains among the emerging economies, positioning the country to benefit from stronger GDP growth as AI adoption accelerates, a report said Saturday.The report from Equirus Economics said the current wave of AI adoption — concentrated in software-driven applications such as large language models (LLMs), generative AI tools, coding assistants and workflow automation systems…
Mumbai, June 9 (IANS) Tata Consultancy Services expects a major transformation in the coming years, with artificial intelligence (AI) becoming deeply integrated into its workforce and operations, its Chairman N Chandrasekaran said on Tuesday.Speaking at the 31st Annual General Meeting here, he said that over the next three years, the company could have as many AI agents as human employees, marking a major shift in how work is done at TCS.He said the company is building what he called “the most…
Washington, June 6 (IANS) President Donald Trump has signed a sweeping national security directive designed to accelerate the adoption of artificial intelligence across the US military and intelligence community, calling for faster deployment of advanced AI systems while establishing new rules on oversight, security and accountability. The National Security Presidential Memorandum creates what the White House described as a framework to place the most advanced AI capabilities in the hands of Ame…
New Delhi, June 4 (IANS) India emerged among the world’s leading markets for workplace AI adoption, with 70 per cent of frontline AI users saving at least one full workday every week, a report said on Thursday.70 per cent of Indian frontline AI users save at least a full workday per week and 96 per cent of respondents reported AI has already changed skills expectations, both marking the highest figures of any market surveyed, the report from Boston Consulting Group (BCG) said.In addition, the …
New Delhi, May 27 (IANS) Around 51 per cent of finance professionals say their current role already contributes to social impact, while 81 per cent aspire to future roles that create social change and 77 per cent prioritise environmental impact-driven careers, a report said on Wednesday.AI adoption is also accelerating, with 57 per cent already using AI tools in their roles, while 86 per cent report confidence in learning and applying AI-related skills highlighting strong adaptability across the…
New Delhi, May 26 (IANS) India-based founders are building AI for global customers in close collaboration with partners and investors worldwide, Jay Parikh, Executive Vice President of CoreAI at Microsoft said on Tuesday.India combines developer velocity and scale, rapid enterprise adoption of AI and digital public infrastructure that uniquely position the country to deploy AI at population scale, Parikh said.He mentioned GitHub’s community in India of over 27 million developers, with over 2 m…
Mumbai, May 22 (IANS) Chief Minister Devendra Fadnavis on Friday expressed strong confidence that Maharashtra is taking a giant leap forward in research, innovation, and the global economy.He said that leveraging Artificial Intelligence (AI) and emerging technologies, Maharashtra is stamping its authority across all sectors nationwide.The Chief Minister emphasised that no other state in the country comes close to Maharashtra in terms of research, innovation, infrastructure, and revenue generatio…
New Delhi, May 19 (IANS) India emerged as a global leader in artificial intelligence adoption, with 41 per cent of employees reporting that they use AI nearly every day, a report said on Tuesday.The report from ADP Research said that around 80 per cent of employees in India use AI at least multiple times a week – the highest levels recorded across all surveyed markets.Indian usage is significantly higher, as only half of the workers surveyed globally use AI multiple times a week. Nigeria (39 p…
New Delhi, May 11 (IANS) While 86 per cent of employees in India use artificial intelligence at work, only 35 per cent say AI’s return on investment has met or exceeded expectations, higher than the global average of 22 per cent, a report said on Monday.The report from ISACA said that 49 per cent of organisations in India now report having a formal, comprehensive AI policy, up from 32 per cent in 2025 and above the 38 per cent global rate. However, 23 per cent of organisations said they have o…