All Indian firms plan to boost investments in Gen AI: NTT study

A recent study by NTT DATA reveals that Indian organisations are planning to increase investments in generative artificial intelligence (GenAI). 

This shift marks a transition from initial experimentation to a focus on long-term use cases aimed at enhancing business performance, compliance and safety. Globally, 99% of organisations surveyed indicated similar plans to boost GenAI investments, according to the digital services and IT integrator firm’s report.

The findings are based on a comprehensive survey involving over 2,300 IT and business leaders across 34 countries, including India. 

The study highlighted that 67% of organisations in India have already set up dedicated teams for GenAI, compared to 83% of global organisations. This indicates that while India is making significant strides in embracing GenAI, there is still a gap when compared to global counterparts.

The surge in interest and investment comes after the widespread adoption of generative AI technologies like OpenAI’s ChatGPT, backed by Microsoft. These tools have shown their potential in revolutionising various business processes. Globally, top use cases include personalised service recommendations, knowledge management, quality control, and research and development (R&D). 

In India, the focus areas for GenAI applications are slightly different, prioritising quality control, risk assessment and fraud detection, as well as personalised service recommendations and knowledge management process automation.

“The future is clear. Generative AI is more than just another tool – it’s a transformative force,” Yutaka Sasaki, President and CEO of NTT DATA Group said. “As we move beyond experimentation, a tension emerges: move too slow and we fall behind. Getting GenAI right isn’t optional. That’s why we’re providing a blueprint to help our clients harness its potential for lasting success.”

The survey also revealed that two-thirds of C-suite respondents in India believe that GenAI will significantly enhance competitiveness, accelerate innovation, ensure compliance, improve security, and ultimately increase revenue.

However, there are notable barriers to the widespread adoption of GenAI. These include the need for extensive user training, concerns over the safety and security of GenAI solutions, limited perceived value among some users, and a general lack of awareness about GenAI capabilities.

“This is a powerful point in world history as GenAI is shaping up to be a huge force in our tech-enabled economy,” Abhijit Dubey, CEO of NTT DATA, said.

 » Read More

Related Articles

Should you withdraw or reinvest your matured investments?

When an investment matures, you face a crucial decision: withdraw the funds or reinvest them for future growth. The right choice depends on your financial goals, market conditions, and liquidity needs. Reinvesting can help build wealth through compounding, while withdrawing may be ideal for immediate expenses or reallocating to better opportunities. Understanding the pros and

Starlink’s India entry a challenge for telecom Majors? Key factors to watch…

With Bharti Airtel and Reliance Jio announcing their respective agreements with SpaceX, JM Financial said that this tie-up is largely neutral for the two telecom companies and there seems to be no significant risk to growth potential for Indus Towers. Currently, the agreement between the two telcos and SpaceX is limited to distributing Starlink’s satellite

Ola Electric shares slump 6%- 4 key concerns for investors are…

OLA Electric Mobility has been continuously in the eye of the storm. The share price fell below Rs 50 per share on the National Stock Exchange, down 6.2% intra-day. This is after Rosmerta Digital Services initiated insolvency proceedings against OLA Electric Mobility’s wholly-owned subsidiary, Ola Electric Technologies, for non-payment of incurred services. Rosmerta initiates bankruptcy

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Should you withdraw or reinvest your matured investments?

When an investment matures, you face a crucial decision: withdraw the funds or reinvest them for future growth. The right choice depends on your financial goals, market conditions, and liquidity needs. Reinvesting can help build wealth through compounding, while withdrawing may be ideal for immediate expenses or reallocating to better opportunities. Understanding the pros and

Starlink’s India entry a challenge for telecom Majors? Key factors to watch…

With Bharti Airtel and Reliance Jio announcing their respective agreements with SpaceX, JM Financial said that this tie-up is largely neutral for the two telecom companies and there seems to be no significant risk to growth potential for Indus Towers. Currently, the agreement between the two telcos and SpaceX is limited to distributing Starlink’s satellite

Ola Electric shares slump 6%- 4 key concerns for investors are…

OLA Electric Mobility has been continuously in the eye of the storm. The share price fell below Rs 50 per share on the National Stock Exchange, down 6.2% intra-day. This is after Rosmerta Digital Services initiated insolvency proceedings against OLA Electric Mobility’s wholly-owned subsidiary, Ola Electric Technologies, for non-payment of incurred services. Rosmerta initiates bankruptcy

Wipro plummets 13% in 2025: 4 key factors to watch amidst restructuring of global business

Wipro shares fell 0.9% to an intra-day low of Rs 261.70 after it realigned the global business with clients’ needs. The stock was among the major losers on Nifty and has lost 13% year to date. The restructuring in global business line comes amidst the US recessionary concerns and challenging macroeconomic conditions. Also, the company

Infosys has plunged 16% in 2025: 5 key factors investors need to know ahead of Q4 earnings

Infosys is back in the spotlight as investors keep a close watch on the IT giant following recent developments. From its upcoming quarterly earnings to stock performance trends, here are five key things to know about Infosys shares right now. Infosys: Quarterly earnings on the radar The countdown has begun for Infosys Q4 results. The