Not Seeing Slowdown in Tech Spends, Rather Lot of Momentum ...
In a recent interview, Puneet Chandok, the President of Microsoft India and South Asia, expressed his views on the current state of technology spends in the region. Chandok highlighted that Microsoft does not observe any slowdown in technology investments in India. On the contrary, he mentioned that there is a significant amount of momentum building up, particularly in the field of Artificial Intelligence (AI).
Shifting Perceptions Around AI
In a significant shift, the perception around AI has evolved over time, moving from skepticism to optimism, and now transitioning to real impact on the ground. Chandok emphasized the emergence of "real, interesting use cases" that are driving this shift in perception. Microsoft's AI assistant, 'Copilot,' has played a pivotal role in this transformation, becoming synonymous with artificial intelligence.
Microsoft considers India as one of its fastest-growing regions, offering a substantial opportunity to leverage technology and innovation. Chandok reiterated the company's commitment to responsible development, ensuring compliance with regulatory requirements and evolving frameworks.
AI Transformation in India
Chandok expressed Microsoft's dedication to democratizing AI in India and becoming a catalyst for the country's digital transformation. He highlighted initiatives such as the 'ADVANTA(I)GE INDIA' program, aimed at upskilling 2 million individuals in AI over the next two years.
India's vibrant technology landscape presents enormous growth opportunities, with Microsoft witnessing robust demand and supply dynamics in the market. Chandok emphasized the collaborative approach of 'One Microsoft,' leveraging the company's diverse capabilities to drive the AI-for-everyone mission in India.
Harnessing India's Tech Potential
With India emerging as a key market for tech companies globally, Microsoft sees immense potential for growth and impact in the region. Chandok highlighted the significant presence of developers in India, emphasizing the country's pivotal role in shaping the future of AI research and innovation.
As technologies like AI continue to reshape industries, Chandok stressed the importance of responsible development, emphasizing Microsoft's focus on security, data privacy, transparency, and bias removal in product design. He stated that building secure solutions is a top priority for the company, ensuring the safeguarding of customer data and adherence to ethical principles.
AI's Transformative Role in India
Chandok underscored the transformative opportunities that AI presents across various sectors in India, particularly in bridging linguistic divides and reducing digital disparities. By focusing on local language capabilities, AI is playing a pivotal role in driving inclusive growth and accessibility in the country.
Looking ahead, Microsoft remains dedicated to advancing AI technologies in India and fostering a culture of innovation and responsible tech practices.
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