Indian Companies Embrace GenAI however Lag in Expertise Growth

India’s companies are dashing up investments in generative AI, with 78% of corporations planning to extend their spending in 2025 to maintain up with the fast change, based on the Accenture Pulse of Change Survey—Phrase Financial Discussion board 2025.

Nevertheless, most of this funding goes into expertise and never the individuals who will use it.

The survey, which included executives and staff from India’s largest companies, revealed that corporations are spending 3 times extra on AI expertise than on coaching and upskilling their workforce.

Saurabh Kumar Sahu, managing director and India enterprise lead at Accenture, emphasised the necessity for a balanced method.

“Whereas the joy round generative AI is palpable, it’s essential for Indian companies to stability their investments in expertise with a powerful give attention to expertise growth.

“By aligning folks, processes, and expertise, we will create a strong ecosystem that not solely enhances operational effectivity but in addition fosters a tradition of steady studying and innovation. That is the trail to staying aggressive in a quickly evolving market,” he stated.

A big majority (78%) of Indian C-suite leaders categorical confidence in growing AI investments. That is pushed primarily by the will to capitalise on technological developments (29%), handle enterprise dangers extra successfully (23%), and keep market competitiveness (17%).

Moreover, 67% of those leaders report that generative AI growth inside their organisations is progressing quicker than anticipated.

Whereas most AI investments (56%) give attention to streamlining processes, there’s a notable hole in understanding its potential. Fewer staff (45%) than executives (66%) absolutely comprehend its capabilities.

The survey highlights the affect AI is predicted to have on work, with 77% of staff believing their roles can be affected. Nevertheless, whereas 93% of leaders say their workforce has obtained sufficient AI coaching, solely 86% of staff agree.

Indian companies count on 2025 to carry extra change than 2024, however solely 49% of C-suite leaders really feel absolutely ready for disruptions. Workers are even much less assured, with 54% saying their organisations aren’t prepared for main modifications.

The publish Indian Companies Embrace GenAI however Lag in Expertise Growth appeared first on AIM Media Home.

Follow us on Twitter, Facebook
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 comments
Oldest
New Most Voted
Inline Feedbacks
View all comments

Latest stories

You might also like...