Investment company in india

Summary:

According to a recent KPMG India report titled "Redefining TMT with AI," over 55% of organizations in the Technology, Media, and Telecommunications (TMT) sectors have fully incorporated AI, with 37% expanding their projects. The report emphasizes AI's disruptive influence on operations, including improved efficiency, personalized experiences, and decision-making. Notably, 67% of respondents reported a 5-10% decrease in operating expenses, with AI investments yielding returns exceeding 10%, indicating significant opportunities in the telecom and media sectors.

 

While 13% of organizations are in the early stages of planning for AI adoption, over 55% expect 30-50% of their product portfolios to be AI-led, contributing 10-30% to incremental income. Additionally, 65% of Indian CXOs see a competitive advantage in Generative AI. However, obstacles persist, with 26% citing a shortage of skilled workers and 27% noting high implementation costs. Furthermore, 33% expect 30-50% of staff to be AI-ready by FY26.

 

Source: IBEF 

 

Disclaimer: The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness.

GHL INDIA is here to create a prosperous environment that serves the world at large

Let us join together to live an opulent life