India: Microsoft India shows progress on its vision to democratize AI in the country to fuel economic and social growth. As part of its mission to empower every organization and individual, Microsoft is working with stakeholders across public and private sectors, civil society and academia in the country to create the right conditions for human-centered AI. Microsoft India is partnering with NITI Aayog to combine the cloud, AI, research and its vertical expertise for new initiatives and solutions across several core areas including agriculture and healthcare and the environment. We are also an active participant along with CII in looking at building solution frameworks for application in AI across areas such as Education, skills, health, and agriculture.
”The next wave of innovation for India is being driven by the tech intensity of companies – how you combine rapid adoption of cutting edge tech with your company’s own distinctive tech and business capabilities. We believe AI will enable Indian businesses and more for India’s progress, especially in education, skilling, healthcare, and agriculture. Microsoft also believes that it is imperative to build higher awareness and capabilities on security, privacy, trust, and accountability. The power of AI is just beginning to be realized and can be a game-changer for India.”-said, Anant Maheshwari, President, Microsoft India.
According to BlueWeave Consulting, The Demonstration of AI in different section helps in digital transformation to a broader level. Increasing adoption rate of big data and AI advanced has benefited the global artificial intelligence market. Various end-use industries have also employed artificial intelligence such as retail and business analysis which boost the demand in the market. Moreover, growing progression of machine interpretation, question acknowledgment, and protest observation has further augmented the demand for artificial intelligence. New AI implementation will Bridge the skills gap and enhance employability. The Intelligent Cloud Hub Program improves to equip research and higher education institutions with AI infrastructure, build curriculum and help both faculty and students to build their skills and expertise in cloud computing, data sciences, will again drive the IOT market for the forecast period. The major factor which will drive the market includes implementation of AI in healthcare as AI helps in accurate diagnosis in digital pathology and early detection of diseases such as cancer. Few more examples such as REVA have built an AI based chatbox which provide service to the customer at one click. AI is employed in several areas including smart robots, deep learning, image recognition, querying method, digital personal assistant, language processing, video analysis, gesture control, cyber-security, speech recognition, and context-aware processing. It is also widely applied in deep learning. The deep learning segment is expected to hold maximum share in this market in the coming years. The digital personal assistance and image recognition segments are also expected to implement artificial intelligence largely for the forecast period.
According to BlueWeave Consulting upcoming report, Titled-“ Artificial Intelligence Market By Technology (Automated Robotic System, Expert System, Embedded System, Digital Assistance System, and Artificial Neural Network), By Application (Cyber Security, Context Aware Processing, Speech Recognition, Video Analysis, Gesture Control, Language Processing, Querying Method, Digital Personal Assistant, Image Recognitio, Smart Robots, and Deep Learning),By End- Use (Media & Advertising, BFSI, IT & Telecom, Retail, Healthcare, Automotive & Transportation, and Others), Size and Forecast, 2019-2025,”- Artificial intelligence has been one of the fastest-growing technologies in recent years. AI is connected to human intelligence with similar characteristics such as language understanding, reasoning, learning, problem solving, and others. Manufacturers in the market observe enormous underlying intellectual challenges in the development and revision of such a technology. AI is stood at the core of the next gen software technologies in the market.