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AI Adoption in BFSI | NASSCOM AI Adoption Index | Artificial Intelligence in India

June 27, 2022

AI

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Investments in Artificial Intelligence in India is still a small percentage (~1.5%) of the total worldwide spend. However, given its transformative nature and the rapid strides India has made in this space over the past few years, it is safe to state that the success of India’s Techade hinges on adoption of best-practices to convert this potential into tangible national value. Considering the centrality of Artificial Intelligence as a technology and its contribution to India’s GDP, it is important to track, assess and monitor its adoption at the enterprise level. NASSCOM AI Adoption Index, the first-of-its-kind assessment in the Indian context in partnership with Microsoft, Capgemini, Ernst & Young and EX is a comprehensive maturity assessment framework tracks and measures the degree of AI penetration in India and arrives at a composite score both at the country and sector levels.

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