IDC unveils Top 10 Artificial Intelligence predictions 2020 and beyond for the Indian market – TelecomTV
New Delhi, January 7, 2020 International Data Corporation (IDC) has revealed predictions impacting the Artificial Intelligence (AI) investments for organizations in India for 2020 and beyond. In this data-driven era, AI is becoming a priority for organizations in India, driven by the need to automate, faster route to market, and agility. Organizations in India are warming up to leveraging AI when it comes to automating processes, deriving actionable insights, and prototyping with use cases to evaluate the implication of the technology.
According to Rishu Sharma, Principal Analyst, Cloud and Artificial Intelligence, IDC India, "Indian organizations are looking at leveraging AI driven by the need for automation to increase the productivity. As we deal with large set of unstructured data being created in the digital era, AI will be the backbone when it comes to extracting valuable insights. Unsurprisingly, the primary reason holding the organizations back when it comes to implementing AI technology is - the trustworthiness of the data. Enterprises also cite unrealistic expectations, lack of skilled staff and unclear business case, as the reasons for failure of AI projects."
IDC India has listed the following ten predictions that would impact the technology buyers and suppliers in AI in India in 2020 and beyond:
#1 Outcomes as a Service: By 2025, AI will be integral to every part of the business in India, resulting in 20% of the overall spend on AI solutions as "outcomes as a service" that drives innovation at scale and superior business value.
#2 Worker Augmentation: By 2024, 50% of enterprises in India will invest in employee retraining and development, including third-party services, to address new skill needs and ways of working resulting from AI adoption.
#3 Digital Trust: By 2024, top 100 organizations in India will have formal programs to monitor their "digital trustworthiness" as digital trust becomes a critical corporate asset.
#4 Intelligent Process Automation: By 2024, 50% of enterprises in India will embed intelligent automation into technology and process development, using AI-based software to discover operational and experiential insights to guide innovation.
#5 AI is the New UI: By 2024, AI in India will become the new user interface by redefining user experiences where over 20% of user touches will be augmented by computer vision, speech, natural language, and AR/VR.
#6 Hyper-Personalization: By 2023, 10% of customer experience applications in India will be continuously hyper-personalized by combining a variety of data and newer reinforcement learning algorithms.
#7 AI Edge Applications: By 2025, 30% of computer vision and speech recognition models in India will run on the edge (including endpoints) and feature deep learning on convolutional and recurrent neural networks.
#8 Embedded AI: By 2025, at least 50% of new enterprise application releases in India will include embedded AI functionality, but truly disruptive AI-led applications will represent only about 5% of this total.
#9 AI Accelerated Chips: In 2023, technology buyer spending on semiconductors (GPUs, FPGAs, AI ASICs, and AI ASSPs) used specifically to accelerate AI training and inferencing will reach nearly $120 million in India.
#10 AI Edge Computing: By 2024, nearly 10% of servers that process AI workloads using AI-optimized processors and coprocessors in India will be deployed at the edge.
"Artificial Intelligence in India promises to develop advanced solutions that tackle organizational challenges and speed up strategic formulation. With the increasing availability of data, AI can be effective in multiple applications across various verticals including agriculture, transportation, finance, healthcare, retail and many more. India, being the key contributor in the global startup ecosystem, will play a crucial role in discovering the benefits of AI technology across varied sectors," says Swapnil Shende, Senior Market Analyst for AI at IDC India.
These strategic predictions for the India market are presented in full in the following report: IDC FutureScape: Worldwide Artificial Intelligence 2020 Predictions India Implications (IDC #AP45727419 ) and is part of India Artificial Intelligence and Cloud Services report series
IDC FutureScape reports are used to shape IT strategy and planning for the enterprise by providing a basic framework for evaluating IT initiatives in terms of their value to business strategy now and in the foreseeable future. IDC's FutureScapes are comprised of a set of decision imperatives designed to identify a range of pending issues that CIOs and senior technology professionals will confront within the typical three- to five-year business planning cycle.
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading tech media, data and marketing services company. To learn more about IDC, please visit http://www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights: http://bit.ly/IDCBlog_Subscribe.
Originally posted here:
IDC unveils Top 10 Artificial Intelligence predictions 2020 and beyond for the Indian market - TelecomTV
- Senate bill targets the use of artificial intelligence in Mississippi - WAPT Jackson - March 15th, 2025 [March 15th, 2025]
- will.i.am and Sean Paul on embracing artificial intelligence in music - Sky News - March 15th, 2025 [March 15th, 2025]
- As Artificial Intelligence (AI) Stocks Fall, Investors Should Consider Buying More of These 2 Powerhouses - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- FSUs Graduate School hosts workshop on artificial intelligence to explore the impact of AI on teaching and research - Florida State News - March 15th, 2025 [March 15th, 2025]
- Artificial Intelligence Optimization (AIO): The Next Frontier in SEO - hackernoon.com - March 15th, 2025 [March 15th, 2025]
- The U.S. Army, Artificial Intelligence, and Mission Command - War On The Rocks - March 15th, 2025 [March 15th, 2025]
- 2 Stock-Split Artificial Intelligence (AI) Stocks to Buy Before They Zoom Higher, According to Wall Street Analysts - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- AI in the classroom: How artificial intelligence is helping teachers - Bay News 9 - March 15th, 2025 [March 15th, 2025]
- Video: Daryl Morey Says 76ers Use Artificial Intelligence for Input on Team Decisions - Bleacher Report - March 15th, 2025 [March 15th, 2025]
- Better Artificial Intelligence Stock: AT&T vs. Verizon Communications - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- NVIDIA GTC 25: What To Expect From the Years Biggest Artificial Intelligence Event - BizTech Magazine - March 15th, 2025 [March 15th, 2025]
- 2 Stock-Split Artificial Intelligence (AI) Stocks to Buy Before They Zoom Higher, According to Wall Street Analysts - MSN - March 15th, 2025 [March 15th, 2025]
- DEI Erosion Threatens Safety. Artificial Intelligence May Help Pick Up the Slack. - Inbound Logistics - March 15th, 2025 [March 15th, 2025]
- Saint Vincent conference will examine broad impact of artificial intelligence - TribLIVE - March 15th, 2025 [March 15th, 2025]
- As Artificial Intelligence (AI) Stocks Fall, Investors Should Consider Buying More of These 2 Powerhouses - MSN - March 15th, 2025 [March 15th, 2025]
- 3 Artificial Intelligence (AI) Stocks You Can Buy and Hold for the Next Decade - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- This Artificial Intelligence (AI) Stock Has Surged 1,000% Over the Past 2 Years. Is a Split on the Horizon? - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- Move Over, Artificial Intelligence (AI) -- Businesses Are on Pace to Spend More Than $10 Trillion on This Trend Over the Next Decade - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- Here Is My Top Artificial Intelligence (AI) Stock to Buy Right Now - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- Nasdaq Sell-Off: 2 Artificial Intelligence (AI) Stocks Down 20% and 49% to Buy Hand Over Fist on the Dip - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- 1 Top Artificial Intelligence (AI) Chip Stock to Buy Hand Over Fist Before It Jumps - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- [Latest] How Artificial Intelligence is Shaping the Emc Shielding And Test Equipment Market - openPR - March 15th, 2025 [March 15th, 2025]
- Nasdaq Correction: 5 Reasons Nvidia Stock Is Still a Top Artificial Intelligence (AI) Stock to Buy Right Now - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- Artificial Intelligence (AI) Adoption Rates Appear Low, but This Technology Leader Could See a Massive Surge in Demand in the Next 10 Years. Here's... - March 15th, 2025 [March 15th, 2025]
- [Latest] The Influence of Artificial Intelligence on the Augmented Reality (Ar) Shopping Market - openPR - March 15th, 2025 [March 15th, 2025]
- Oracle Just Shared Some Amazing News for the Entire Artificial Intelligence (AI) Industry - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- 1 No-Brainer Artificial Intelligence (AI) ETF to Buy With $40 During the Nasdaq Sell-Off - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- Inside The Artificial Intelligence That Can Clone Your Mind - Forbes - March 15th, 2025 [March 15th, 2025]
- Why Tesla Could Be a Massive Winner in the Artificial Intelligence (AI) Race - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- 4 Artificial Intelligence (AI) Stocks Worth Buying in the Tech Sell-Off - The Motley Fool - March 15th, 2025 [March 15th, 2025]
- Impact of Artificial Intelligence (AI) on Media and Creative Industries - EDMO - March 1st, 2025 [March 1st, 2025]
- 1 Artificial Intelligence (AI) Stock That Could Be Bigger Than Nvidia in 5 Years - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- This Artificial Intelligence (AI) Stock Is Up 15% in 2025 Already. It Is Still a Solid Buy? - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- Can artificial intelligence be the future solution to the enormous challenges and suffering caused by Schizophrenia? - Nature.com - March 1st, 2025 [March 1st, 2025]
- Applications of Artificial Intelligence in Medical Education: A Systematic Review - Cureus - March 1st, 2025 [March 1st, 2025]
- This Artificial Intelligence (AI) Stock Is Up 15% in 2025 Already. It Is Still a Solid Buy? - AOL - March 1st, 2025 [March 1st, 2025]
- Federal Executive Forum Artificial Intelligence Strategies in Government Progress and Best Practices 2025 - Federal News Network - March 1st, 2025 [March 1st, 2025]
- Introduction to Artificial Intelligence for General Surgeons: A Narrative Review - Cureus - March 1st, 2025 [March 1st, 2025]
- How is Artificial Intelligence Affecting Health Care? - Workers Comp Forum - March 1st, 2025 [March 1st, 2025]
- 1 Spectacular Artificial Intelligence (AI) Stock to Buy With $50 Right Now - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- 20+ Advantages and Disadvantages of AI | Pros of Artificial Intelligence - Simplilearn - March 1st, 2025 [March 1st, 2025]
- Prediction: This Top Artificial Intelligence (AI) Stock Will Start Skyrocketing After March 6 - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- 1 Surprising Stock Harnessing the Power of Artificial Intelligence (AI) - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- 2 Top Artificial Intelligence (AI) Stocks to Buy On the Dip Amid Nasdaq Selloff - Yahoo Finance - March 1st, 2025 [March 1st, 2025]
- Review: Artificial intelligence is shaping the future of diabetes care - News-Medical.Net - March 1st, 2025 [March 1st, 2025]
- Prediction: This Artificial Intelligence (AI) Stock -- a 1,020% Gainer Since Its IPO -- Won't Split Its Stock in 2025. Here's Why - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- A Nobel laureate on the economics of artificial intelligence - MIT Technology Review - March 1st, 2025 [March 1st, 2025]
- Prediction: This Top Artificial Intelligence (AI) Stock Will Start Skyrocketing After March 6 - Nasdaq - March 1st, 2025 [March 1st, 2025]
- Meta Platforms Just Caused This Crucial Artificial Intelligence (AI) Stock to Plummet. Should You Buy the Dip? - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- Artificial Intelligence - AI Update, February 28, 2025: AI News and Views From the Past Week - MarketingProfs.com - March 1st, 2025 [March 1st, 2025]
- The Ultimate Artificial Intelligence (AI) ETF to Buy With $50 Right Now - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- Prediction: This Artificial Intelligence (AI) Company Will Split Its Stock in 2025 - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- Should You Forget Nvidia and Buy 2 Artificial Intelligence (AI) Stocks Instead? - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- Why Artificial Intelligence Stocks SoundHound AI, IonQ, and C3.ai Are Struggling Today - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- 2 Top Artificial Intelligence (AI) Stocks Ready for a Bull Run - The Motley Fool - March 1st, 2025 [March 1st, 2025]
- AI Cant Do This Anymore: The Dangers of Artificial Intelligence in Academia - Skidmore News - March 1st, 2025 [March 1st, 2025]
- Whats Next in Artificial Intelligence: Agents that can do more than chatbots - Pittsburgh Post-Gazette - February 9th, 2025 [February 9th, 2025]
- Geopolitics of artificial intelligence to be focus of major summit in Paris; AP explains - Yahoo - February 9th, 2025 [February 9th, 2025]
- Geopolitics of artificial intelligence to be focus of major summit in Paris; AP explains - The Associated Press - February 9th, 2025 [February 9th, 2025]
- 3 Top Artificial Intelligence Stocks to Buy in February - MSN - February 9th, 2025 [February 9th, 2025]
- Geopolitics of artificial intelligence to be focus of major summit in Paris; AP explains - Lufkin Daily News - February 9th, 2025 [February 9th, 2025]
- 2 of the Hottest Artificial Intelligence (AI) Stocks on the Planet Can Plunge Up to 94%, According to Select Wall Street Analysts - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- These 2 Stocks Are Leading the Data Center Artificial Intelligence (AI) Trend, but Are They Buys Right Now? - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Book Review | Genesis: Artificial Intelligence, Hope, and the Human Spirit - LSE - February 9th, 2025 [February 9th, 2025]
- The Artificial Intelligence Action Summit In France: Maintaining The Dialogue On Global AI Regulation - Forrester - February 9th, 2025 [February 9th, 2025]
- Is prediction the next frontier for artificial intelligence? - Healthcare IT News - February 9th, 2025 [February 9th, 2025]
- The Artificial Intelligence in Medicines Market Is Set to Reach $18,119 Million | CAGR of 49.6% - openPR - February 9th, 2025 [February 9th, 2025]
- Geopolitics of artificial intelligence to be focus of major summit in Paris; AP explains - The Audubon County Advocate Journal - February 9th, 2025 [February 9th, 2025]
- Around and About with Richard McCarthy: Asking AI about itself: Will artificial intelligence ever surpass humankind? - GazetteNET - February 9th, 2025 [February 9th, 2025]
- Will the Paris artificial intelligence summit set a unified approach to AI governanceor just be another conference? - Bulletin of the Atomic... - February 9th, 2025 [February 9th, 2025]
- Apple Stock Jumps on Artificial Intelligence (AI) Driving iPhone Sales. Here's Why It's Not Getting Crushed by the DeepSeek Launch. - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Who will win the race to Artificial General Intelligence? - The Indian Express - February 9th, 2025 [February 9th, 2025]
- Prediction: This Artificial Intelligence (AI) Chip Stock Will Win Big From DeepSeek's Feat - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Prediction: 2 Artificial Intelligence (AI) Stocks That Will Be Worth More Than Nvidia 3 Years From Now - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- State of Louisiana Launches Innovation Brand, Announces Creation of $50 Million Growth Fund and Artificial Intelligence Research Institute - Louisiana... - February 9th, 2025 [February 9th, 2025]
- Using smart technologies and artificial intelligence in food packaging can reduce food waste - Yahoo News Canada - February 9th, 2025 [February 9th, 2025]
- BigBear.ai Wins Department of Defense Contract to Prototype Near-Peer Adversary Geopolitical Risk Analysis for Chief Digital and Artificial... - February 9th, 2025 [February 9th, 2025]
- Should Investors Change Their Artificial Intelligence (AI) Investment Strategy After the DeepSeek Launch? - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- 1 Unstoppable Artificial Intelligence (AI) Stock to Buy Before It Punches Its Ticket to the $4 Trillion Club - The Motley Fool - February 9th, 2025 [February 9th, 2025]
- Got 10 Years and $1000? These 3 Artificial Intelligence (AI) Stocks Are Set to Soar. - The Motley Fool - February 9th, 2025 [February 9th, 2025]