Indian firms leading APAC markets when it comes to AI/ML usage: Report

96

New Delhi, April 3 (IANS) Indian enterprises are leading Asia-Pacific (APAC) markets when it comes to Artificial Intelligence (AI) and Machine Learning (ML) usage, a new report revealed on Wednesday.

According to the cloud security company Zscaler, the top five countries generating the most enterprise AI transactions are the US, India, the UK, Australia, and Japan.

“India leading the charge in APAC when it comes to AI usage is a clear indication of the country’s unwavering commitment to leveraging technology to drive innovation and positive change,” said Sudip Banerjee, CTO, APAC & Japan at Zscaler.

“As we strive towards the transformative ‘Viksit Bharat vision by 2047’, AI emerges as a powerful force, infusing intelligence into every facet of our society,” he added.

However, Banerjee also mentioned that “there is an escalation in AI-powered threats, which underscores the importance of ensuring our data is being well protected against these emerging attacks.”

The report analysed 18.09 billion AI transactions from April 2023 to January 2024.

As per the report, AI adoption trends differ globally as regulations, requirements, technology infrastructure, cultural considerations, and other factors play key roles.

At 16 per cent, India produced the second-highest percentage of enterprise AI transactions globally, coming second to the US.

Enterprise AI/ML transactions increased from 521 million monthly in April 2023 to 3.1 billion monthly by January 2024.

Moreover, the report showed that ChatGPT accounted for more than half of all enterprise AI transactions (52 per cent), while the OpenAI application itself ranked third (8 per cent).

Drift, the popular AI-powered chatbot, generated nearly 20 per cent of enterprise traffic, while LivePerson and BoldChat also made it into the list.

–IANS

shs/rad

Go to Source

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

For any legal details or query please visit original source link given with news or click on Go to Source.

Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.

If you are not willing to accept this disclaimer then we recommend reading news post in its original language.

MGID