Deloitte Launched an Artificial Intelligence Institute in India

December 6th, 2021, Deloitte launched its new AI institute in India for the adoption of advanced technology in the country

It is not surprising that tech companies hire professionals and put money into AI development. AI applications in the Automotive industry promise self-driving cars and buses. It is also evident in the Agriculture sector, where climate changes facing challenges have propelled the use of algorithms for predicting crop health and yield. Robot-helped surgery can improve complicated procedures in the medical and healthcare sectors, while effective nursing assistants can provide efficient and economical support.

India is one of the great introducers of (AI) Artificial Intelligence solutions, and across industries in India, businesses have benefited in their very beginning AI adoption. The space between organizations that hold AI and those waiting for the future is quickly broadening. To fill the gap, ‘Deloitte AI Institute India’ launched will provide an ecosystem in the country by integrating AI innovations and research for functioning in various organizations. AI solutions will use data, text, pictures, and voices from these organizations to propose or classify outcomes and then transfer those into business performance.

It is an opportunity for India to jump up in the world where they connect the power of human intelligence with machine intelligence. Now, research and academic institutions, start-ups, and businesses are heavily putting their money into discovering new AI-based innovative solutions.

From the recent report as cited by Deloitte ‘State of AI in India’, local tech industry trade body NASSCOM has charged that AI and data could add as much as USD500,000 million to India’s GDP by just 2025.

With the pandemic, a lot of work went virtual, creating large amounts of data. The adoption of IoT and other emerging technologies, too, is creating huge volumes of data. Deloitte will work with clients to apply AI to this data to create solutions and leverage it better, the firm said.

In addition to collaborating with academia, research groups, and start-ups, the regional AI institute will also be able to valve into Deloitte’s flourishing network to share best practices, case studies, insights, and solutions.

First launched in the USA in the mid of last year, then the model has since expanded to eight locations, counting Australia, China, and Japan. Other centers have been unveiled in Canada, the UK, Germany, and Luxembourg.