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📊 Artificial Intelligence Preparedness Index (AIPI): Where Does India Stand? The International Monetary Fund (IMF) has released the Artificial Intelligence Preparedness Index (AIPI) Dashboard, evaluating 174 economies for their AI readiness. Singapore tops the list, while India ranks 72nd. The AIPI Dashboard assesses countries based on four key areas: Digital Infrastructure, Human Capital and Labour Market Policies, Innovation and Economic Integration, and Regulation and Ethics. Countries are categorized into Advanced Economies (AE), Emerging Market Economies (EM), and Low-Income Countries (LIC). India's position highlights the need for improved digital infrastructure and innovation to enhance its AI readiness. 🇮🇳💡 💬 If you like this article, follow for more updates and share your thoughts on how India can improve its ranking. #ArtificialIntelligence #AIPI #IMF #AIReadiness #DigitalInfrastructure #Innovation #EmergingMarkets #India #TechDevelopment #FutureOfAI #GlobalRankings #EconomicIntegration #FollowForMore 🔗 For more details, visit herehttps://lnkd.in/d4jiXe8Q

💡#AvendusEye: India, one of the fastest-growing data centre markets globally, is set to expand at a CAGR of ~26% over the next three years, reaching ~2,000 MW by December 2026. This growth is driven by factors like long-term stable capital seeking both yield and growth, hyperscale tenancy, and the surging demand for AI. The sector's rise is expected to attract a diverse array of investors, including private equity, real estate, pension/sovereign wealth funds, and structured credit. Our report highlights the key drivers shaping the narrative for data centres in India.   If you're keen to capitalize on this growth, click here to read our report: Data Centres - Volume II 👉 https://bit.ly/4cB6SvU   Want to understand more about India's Data Centres potential? Write to us at- infra@avendus.com ✍ Prateek Jhawar | Vaibhav Garg    #AvendusEye #InvestmentBanking #DataCentres #India #AI #Investment #DigitalInfrastructure

India's digital growth is accelerating, powered by a thriving data center sector. As 5G networks expand, data localization becomes crucial for self-reliance and reducing dependency. Embracing this shift will strengthen India's tech independence and support Atmanirbhar Abhiyan. Here's why localized data centers are key to our future. #MegaNetworks #DigitalEvolution #DataCenterBoom #5GExpansion #DataLocalization #TechSelfReliance #AtmanirbharAbhiyan #DigitalIndia

India’s digital evolution is accelerating, fueled by a booming data center sector. As our digital economy flourishes and 5G networks become the norm, the stage is set for unprecedented growth. Localizing data centers is not just a strategic move; it’s a crucial step towards achieving self-reliance and reducing dependency. By embracing data localization, India can bolster its technological independence and advance the goals of Atmanirbhar Abhiyan. Here's a look at why the localization of data centers is a critical necessity. #MegaNetworks #DigitalEvolution #DataCenterBoom #5GExpansion #DataLocalization #TechSelfReliance #AtmanirbharAbhiyan #TechnologicalIndependence #DigitalIndia #SelfRelianceMovement

🚀 India Leads Global AI Adoption at 30%, Surpassing the Global Average of 26%: BCG Report 🌐 India’s tech ecosystem is making significant strides, with a recent Boston Consulting Group (BCG) report revealing that 30% of Indian companies have integrated AI into their operations, outpacing the global average of 26%. This positions India as a frontrunner in leveraging AI technologies to drive innovation, efficiency, and competitive advantage across industries. 📊💡 🔍 Key Drivers Behind India's AI Leadership: -Strategic Government Initiatives: Programs like hashtag #DigitalIndia and NITI Aayog’s National AI Strategy have created a supportive environment for AI adoption, accelerating digital transformation. -Young, Tech-Savvy Workforce: India benefits from a vast pool of skilled engineers, data scientists, and analytics professionals, fueling rapid AI integration. -Robust Investment Ecosystem: Increased funding from both public and private sectors is propelling AI research, development, and implementation across various domains. 💡 Transformative Impact on the Finance Industry & Fintech: The finance sector is witnessing a profound transformation driven by AI, enabling: -Advanced Fraud Detection & Risk Management: AI algorithms analyze large datasets in real-time, improving fraud detection and enhancing credit risk assessment. -Personalized Financial Services: Fintech companies leverage AI to deliver tailored solutions, including robo-advisors and automated investment strategies, which enhance customer experience and satisfaction. -Operational Efficiency: Financial institutions are streamlining processes such as loan approvals, regulatory compliance, and customer service through intelligent automation, leading to cost savings and increased productivity. -Predictive Analytics: AI-powered analytics help financial firms forecast market trends, optimize investment portfolios, and drive data-driven decision-making to maximize returns. 🌟 The Road Ahead: As India cements its position as a global leader in AI adoption, the finance and fintech sectors stand to gain significantly, unlocking new avenues for growth, innovation, and market leadership. 🌍📈 This momentum strengthens India’s digital economy and paves the way for the country to become a global hub for technological excellence in AI and analytics. #AI #Fintech #IndiaTech #FinanceTransformation #DigitalInnovation #BCGReport #ArtificialIntelligence #FinancialServices #BusinessAnalytics #TechTrends #FutureOfFinance

I was writing about the #AI in #India then I see various connections with the #GII and I thought as first to talk about it... The Global Innovation Index (GII), the 2023 report is the last edition, published by the World Intellectual Property Organization – WIPO (#WIPO), evaluates the innovation performance of 132 economies worldwide. It offers a comprehensive overview of global innovation #trends, considering various economic and #geopolitical factors influencing #innovation. The report highlights the top innovation leaders by region and income group, tracks advancements in technology, and provides insights into how different economies are converting innovation inputs into outputs. 📌 The GII 2023 Innovation in the face of uncertainty, Full Edition (250 pages): https://lnkd.in/dDDxmPAe 📌 The GII 2023 Report, Executive Summary (30 pages): https://lnkd.in/dugpZuQx ✅ The #Ranking, where for each position you can see the 2023, 2022 and 2021 ranked Country: 1️⃣ Switzerland, Switzerland, Switzerland 2️⃣ Sweden, United States, Sweden 3️⃣ United States, Sweden, United States 4️⃣ United Kingdom, United Kingdom, United Kingdom 5️⃣ Singapore, Netherlands, Republic of Korea 6️⃣ Finland, Republic of Korea, Netherlands 7️⃣ Netherlands, Singapore, Finland 8️⃣ Germany, Germany, Singapore 9️⃣ Denmark, Finland, Denmark 🔟 Republic of Korea, Denmark, Germany. The analysis did is really detailed with a remarkable number of KPIs. I took my Country, 🇮🇹 Italy, for the GII 2023 analysis as example. Overall Rank: 26 Output Rank: 19 Input Rank: 35 Income Group: High Region: Europe GDP: $3,022.2 billion GDP per capita: $51,062 ✔️ The overall Global ranking is 26th; ✔️ Italy excels in ICT access and use, securing a high rank of 35th globally while for Trade, Diversification, and Market Scale it's ranking 10th globally. This reflects the country's well-diversified economy and significant market size; ✔️ Knowledge Diffusion: the "bel Paese" ranks 15th in knowledge diffusion while the Creative Outputs shows a global rank of 21. Italy demonstrates a strong capacity for producing creative goods and services, contributing to its cultural and economic influence. The potential Key Weaknesses are: ✔️ Business Sophistication: Ranked 33rd globally; ✔️ Human Capital and Research: it ranks 33rd in this category but for Institutions it score only 52 in the global scale; ✔️ Infrastructure: Despite its strong ICT performance, Italy's overall infrastructure ranking is 21st. 💡 In the first comment you can see the full analysis extracted by the main report. #Innovation #GlobalInnovationIndex #Italy #TechAdvancements #CreativeIndustries #MarketSophistication #InnovationEcosystem #SustainableInnovation #InnovationPolicy

#NewIndia has over 3 times more #AI skilled talent than other countries, helping position the country as a favourable destination for global tech & innovation investments. Find out more at: http://bit.ly/it_bpm_02 #InvestIndia #InvestInIndia #DigitalIndia Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog

This widespread accessibility of artificial intelligence can drive significant socio-economic advancements. In an article by DigitalQ, Ramprakash Ramamoorthy talks about India's potential to contribute to different sectors with AI-driven innovations. Take a look 👉 https://zurl.co/cAcq

Seeing one's profile and article featured in Forbes is an incredible moment of joy and pride! Bharath Vaddi and I collaborated to share our perspectives on how advancements in AI, particularly Generative AI, can revolutionize sustainable fulfillment and compliance demonstration for banks and financial institutions. Our viewpoints are published in the November 29th edition of Forbes India, now available on newsstands and their official website - Digital edition, Page 53 In the article, we delve into the practicality of creating AI-driven platforms augmented with human-centric operational frameworks to address next-generation challenges in data management, risk management, and sustainable global compliance. We emphasize that this transformation demands a multi-year strategy with regular recalibration to adapt to evolving technologies, regulatory landscapes, cross-jurisdictional mandates, advancements in data governance standards, and a tailored cloud adoption approach. Notably, as a recent development, the Reserve Bank of India's (RBI) plans for sovereign cloud services aim to counter potential risks global cloud players pose while addressing critical data sovereignty concerns - https://lnkd.in/gNF3xRAQ You may download the article at - https://lnkd.in/ghwVxr8d Or read at Jionews (yet to be uploaded) - https://lnkd.in/g2XsaKkJ Please note that this article is entirely independent of our work at Standard Chartered or any of the organizations we’ve previously been associated with. I extend my heartfelt gratitude to our colleagues, mentors, friends, company teams, trade associations, and family members, whose unstinted support made this milestone possible. #Regulatory #Compliance #Datamanagement #genai #sustainable #innovation #datagovernance #dataquality #standardchartered #iNautix #bnymellon #WorldLeadersSummit2024 #forbes #forbesindia #cxoincubator Forbes India 3AI CXO Incubator Indian Achievers Forum Insights Success Asian-African Chamber of Commerce & Industry World Leaders Summit Leaders Excellence at Harvard Square EDM Council

AI is no longer just a buzzword – it’s flipping the script across industries, from e-commerce to healthcare and fintech. And guess what? India Internet Day 2024 #iDay2024 is the ultimate event to experience how AI is transforming India’s digital future! 🎉 Join us at IND.ai to dive deep into game-changing ideas from visionary leaders. This isn’t your average conference – it’s where you’ll break boundaries, spark creativity, and turn your wildest tech dreams into reality! 💡 Why should you be there? Curiosity on fire – Feed that curious brain with insights from the sharpest minds. Challenge your limits – Push yourself beyond your comfort zone and embrace AI-powered innovation. Make it real – Learn how to transform ideas into actionable projects in e-commerce, healthcare, and more. Don't just watch the future unfold – be part of it. 🗓️ 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐧𝐨𝐰: https://lnkd.in/gU35A5PG #iDay2024 #IndiaInternetDay #INDai #AIRevolution #TechInnovators #BreakBoundaries #DigitalTransformation #TiEDelhiNCR #ShapingTheFuture TiE Delhi-NCR Alok Mittal Rajan Anandan Deep Kalra Lathika Pai Mohit Joshi Prasanto Kumar Roy Gautam Gandhi