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Artificial Intelligence (AI) is being widely adopted across industries, saving time, cost, and boosting productivity.
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AI-driven start-ups are emerging in India, focusing on applications, data security, and development.
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Companies like Minfy and Havas Media Network are leveraging AI for business solutions, chatbots, and personalized consumer experiences.
Artificial Intelligence (AI) is revolutionizing industries by streamlining processes, reducing costs, and enhancing productivity. Companies are exploring AI adoption across functions, with notable success. Mukul Gupta, Chief Enterprise Architect at Minfy, revealed that clients have saved around 50% of time spent on tasks.
AI-driven start-ups are emerging in India, focusing on various aspects of the technology. Sampath P, Partner at Kalaari Capital, highlighted that AI has multiple dimensions, including application development, data security, and guardrails. Investors analyze the problems AI solutions address before investing.
Rohan Chincholi, Chief Digital Officer at Havas Media Network, noted that AI has become integral to consumerism. Direct-to-consumer (D2C) companies use AI for personalized shopping recommendations, target audience identification, brand building, and campaign design. AI can perform time-consuming tasks in just 15 minutes with the right prompts.
Experts emphasize that AI should complement human capabilities, not replace them. Mukul Gupta stressed that AI should handle preliminary and repetitive tasks, transferring complex issues to humans. As AI adoption continues to grow, its transformative impact across industries will only intensify.
