February 21, 2024

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India ranks 13 in AI tech

India has developed into one of the most AI forward countries, a survey says.

In terms of AI development for the Industrial Internet of Things (IIOT), India has been placed among some of the most technologically advanced countries.

According to a survey by Finnish AI-based solutions specialists Zyfra, the US ranks first, followed by China, while India comes in 13th, after Canada.

The ranking is based on a survey that studied the number and quality of scientific publications on the subject, a statement released by the agency said earlier this week. It accounts for studies about AI in more than 200 countries and in 50 of the most cited scientific magazines.

Over the last few years, tech services industry in India has had a significant impact on its economy and accounted for 7.7% of India’s GDP in 2016. In light of this, earlier this year, the Policy Commission of India, that is the National Institution for Transforming India (NITI Aayog), launched an AI-focused research programme.

In a document released in June, the Policy Commission said that India, being the fastest growing economy with the second largest population in the world, has a significant stake in the AI revolution.

It has adopted a three-pronged approach to create a national AI strategy. This includes undertaking exploratory proof-of-concept (POC) AI projects in various areas, crafting a national strategy for building a vibrant AI ecosystem in India, and collaborating with experts.

It said that since the start of this year, it has partnered up with several leading AI technology players to implement AI projects in critical areas such as agriculture and health. Learnings from these projects and its engagement with leading institutions have helped develop an effective national strategy for AI.

The survey highlighted the time it took for India to implement the research on paper and deploy it in various sectors. The statement said that in India, it takes time from the achievement of new frontiers in the academic field to the beginning of the successful practical application of corresponding methods.

The Business Director of the company said that a very important research on the use of convolutional neural networks for semantic segmentation was published in 2015, but it was not until 2017 that the work on implementing this method in steelmaking began.

Last month, the company announced its launch of a manufacturing data collection (MDC) plus system in the Indian market. The statement said that it is a real-time machine monitoring and with hundreds of customizable reports and charts that can be used to track jobs, parts, operations, work centres, scrap costs, downtime and people.

The Managing Director of the company said that they will sign over 15 contracts worth US $2.5 million with Indian firms in the business of machine-building, aircraft and steelmaking industries.  He said the MDC tool will help track equipment operation, enhance production without considerable investment. It is a crucial task and the initial step towards the Industrial Internet of Things (IIoT).

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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