AI Adoption Surges in Indian Enterprises: Insights from IBM's Global AI Adoption Index

In a recent revelation, IBM's Global AI Adoption Index 2023 brings forth compelling insights into the adoption landscape of Artificial Intelligence (AI) within Indian enterprises. The survey unveils that a substantial 59% of large organizations, those boasting over 1,000 employees, are actively integrating AI into their business operations. Early adopters are setting the pace, with 74% of Indian enterprises accelerating AI investments over the past 24 months, particularly in areas like Research and Development (R&D) and workforce reskilling.

Despite this promising surge in AI adoption, the report highlights persistent challenges hindering a more widespread implementation. The shortage of employees with the requisite AI skills and lingering ethical concerns are identified as primary inhibitors. To overcome these barriers in 2024, a concerted effort is needed to equip individuals with the relevant AI skills and establish a robust AI governance framework, as outlined in the report.

Sandip Patel, Managing Director, IBM India and South Asia, emphasizes that while the rise in AI adoption showcases tangible benefits for Indian enterprises, there remains untapped potential. Many businesses are still in the experimentation phase and are hesitant to deploy AI at scale. Addressing this hesitation requires a strategic focus on overcoming skill gaps and ensuring ethical AI practices.

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Looking ahead, the report emphasizes the critical role of data and AI governance tools in maximizing the potential of AI. As enterprises aim to harness AI responsibly, these governance tools become instrumental in building trustworthy AI models. Patel underscores the importance of governance tools in mitigating risks such as data privacy issues, legal complications, and ethical dilemmas that have surfaced globally.

According to the report, 59% of IT professionals at large organizations in India report actively deploying AI, with an additional 27% exploring its use. These figures mark India as leading among the countries surveyed, reflecting a dynamic landscape of AI adoption and exploration.

The findings of the Global AI Adoption Index provide a comprehensive view of the current state of AI in Indian enterprises and lay the groundwork for addressing challenges and accelerating AI adoption in the coming years.