Artificial intelligence (AI) has been behind many technological innovations and is directly responsible for the rapid digital transformation of economies across the world. AI based technological solutions have helped companies to unravel potential markets and bolster industries like the E-commerce in the recent years. Developing nations like Malaysia and India too have benefitted much from AI and the flourishing digital economies and booming e-commerce sectors of these countries bear testimony of that fact. In India the government wants to leverage AI in order to digitally empower the nation and have taken many steps regarding that. As a result there are many companies in India now, offering AI based services and the Software as a service market of India is all set to reach $3.4 billion by 2022. The Indian economy is the fastest growing economy today and its e-commerce industry is also the largest in the world. Thus, it will be very interesting to see where India stands in terms of adaptation and utilization of AI based technologies.
AI in India- Some amazing facts!
• Research agency Itiahaasa in an analysis reported that India stands third in terms of research publication in AI. In the research it was estimated that from 2013 to 2017 approximately 12,135 documents were published as research papers on AI in peer-reviewed journals. However, the study also points out that although the performance is good yet India lags well behind China and USA. Thus, the Indian government aims to change it by cultivating India’s talent pool in AI.
• The NITI-Ayog which is the think tank of India, reported in June, 2018 that India could add more than a trillion dollars to its economy my fully integrating AI.
• The government of India aims to provide every bit of encouragement for adaptation of AI. In May,2019 guided by the philosophy of ‘Make in India’, the govt. recognized one startup per hour and each of the startups would receive tax benefits thus allowing them to grow without hindrances. This, healthy startup ecosystem has helped giving birth to 18,861 startups and most of them are technology based offering AI based business solutions. This in turn produced more than a Lakh of jobs in the technological sector and especially individuals skilled in AI, ML and analytics were placed in high paying jobs.
Should you go for AI training courses then?
Looking at the employment scenario it is beyond doubt that India needs skilled professionals in AI, big data and ML. The demand for such skilled individuals is high and yet the supply is very low, thus, AI training courses will definitely help you to take advantage of the demand and get placed at big company! Let’s take a look at the some of the advantages which a good AI training course offers in India:
- It will provide a boost to your CV thus enabling you to get employed faster.
- Plenty of opportunities for a stable and secure career with a hefty pay package.
- Chance for working in industry giants like Google, Amazon and Swiggy.
