Expert Views on AI Appreciation Day

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16/07/2024- Every year on July 16, we mark AI Appreciation Day to celebrate the incredible advancements in artificial intelligence. AI, a field of computer science focused on creating systems capable of human-like intelligence, has significantly impacted our daily lives and industries alike. From simplifying routine tasks to revolutionizing entire sectors, AI has become indispensable.

Experts highlight the vast potential of AI across diverse fields such as healthcare, finance, agriculture, education, and manufacturing. This technology collaborates seamlessly with humans, offering solutions to complex challenges and driving innovation.

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Mr. Padmakumar Nair, CEO & Co-founder of Ennoventure, Inc.

‘’On this Artificial Intelligence Appreciation Day, we recognize the transformative power of AI in reshaping our world and enhancing our daily lives. This year’s theme, “AI 4 Society,” underscores AI’s pivotal role in cultivating a society that is not only more innovative but also more reliable and inclusive. Artificial intelligence is no longer a distant dream; it is a present reality driving progress and positive change across all sectors.

At Ennoventure, Inc., our mission is to use artificial intelligence’s transformative potential for the good of society. Our solutions are carefully crafted to safeguard customers and businesses while guaranteeing the safety and authenticity of products in international marketplaces. We want to stimulate innovation and have a beneficial social impact by placing a high priority on ethical and responsible AI development. Our goal is to use AI to make the world a safer and more inclusive place.

As we navigate the complexities of AI governance, our commitment to ensuring that AI serves as a force for encouraging innovation, security, and trust in every community we touch remains unwavering. We believe that by working together, we can create a future where AI serves as a powerful tool for enhancing the quality of life for everyone.”

Mr. L Srinath Reddy, Managing Director, Raminfo Limited.

“At Raminfo, we celebrate the power of AI to transform industries, innovate solutions, and empower progress. In our journey, AI has revolutionized how we analyze complex data, enhancing decision-making, optimizing processes, and delivering insights that drive meaningful outcomes. We are introducing a cutting-edge neural network that will leverage AI to simplify intricate data analysis, making it more accessible and actionable for our clients. Today, on AI Appreciation Day and beyond, we continue to leverage AI’s capabilities to pioneer advancements in e-governance, IoT analytics, engineering, education and skill development, Agri & Logistics, and energy sectors shaping a future where possibilities are limitless. We also commend the progress made in the deep tech policy, as the government plans to introduce measures to unlock long-term funds and support for deep tech startups, reinforcing our commitment to innovation and sustainable growth through advanced technologies.”

Mr. Amitabh Misra, CTO, Sprinklr:

“The AI landscape today is rapidly evolving, and we stand at the cusp of transformative change. As we look ahead, we see AI not just as a tool, but as a fundamental shift in the way we operate and innovate. We have witnessed firsthand the transformative impact of AI, and this has driven us to integrate it into our own products, such as the Sprinklr Digital Twin. This new AI technology transcends traditional conversational AI chat bots, providing a more comprehensive and effective solution. At Sprinklr, we are building in India, for India and we are committed to leveraging AI to drive progress and innovation. On this AI Appreciation Day, we look forward to continuing to harness the power of AI to drive progress and innovation in the years to come.”

Mitesh Jain, Regional Vice President – India, Akamai Technologies

“AI’s integration into IT operations has had a profound impact by driving innovation and efficiency, fundamentally transforming how businesses operate. This has been revolutionizing the IT industry by automating a broad spectrum of tasks, from basic data entry to complex software coding. This paradigm shift has enhanced efficiency and fostered innovation, empowering IT companies to deliver more sophisticated and intelligent solutions. By integrating AI, companies can now streamline operations, cut costs, and deliver higher-quality services. This transformation has become crucial for maintaining competitiveness in a global market increasingly dominated by advanced technologies.

To adapt, the industry must embrace AI-driven changes, foster collaborations with AI startups and invest in reskilling its workforce. At Akamai, we leverage AI to enhance security, optimize performance, and deliver seamless digital experiences. Our AI-driven solutions, such as advanced threat detection and the Guardicore AI Chatbot, underscore our commitment to innovation and excellence, ensuring we remain at the forefront of the IT industry’s transformation. As we celebrate AI’s contributions, Akamai remains steadfast in pushing the boundaries of what’s achievable with AI, continuously innovating to deliver secure, reliable, and high-performance digital experiences.”

Jayaprakash Nair, Senior Engineering Leader – Data Science at Altimetrik

AI has swiftly transformed from a futuristic concept to a tangible force, driving innovation and efficiency across various industries. According to a report by IBM 59% of Indian enterprises have implemented AI, the highest percentage among the surveyed countries. This widespread adoption highlights AI’s growing prowess and impact on business operations and strategy.

A significant development in AI’s evolution is its verticalization, where AI solutions are tailored to meet the specific needs of different industries. For example, AI is revolutionizing sectors like healthcare with predictive diagnostics, retail with optimized supply chains, and manufacturing with enhanced precision through automation. This targeted application of AI ensures that implementations are highly relevant and practical, driving substantial value and fostering industry-specific advancements.

Organizations must leverage AI beyond generative capabilities, encompassing Discriminative AI, Rules-based AI, and Casual AI to deliver comprehensive, industry-specific solutions. Strategic implementation of AI allows organizations to combine AI with data quality and agile practices to maximize business value. This forward-thinking approach ensures that AI exceeds the specific needs of each industry, fostering a new era of digital business.”

Ranga Jagannath, Senior Director – Growth, Agora

“AI is transforming business operations across industries, and the B2B sector is no exception. It goes beyond just driving efficiency and automating tasks. In real-time communication, AI enhances user experiences through natural interactions, like voice recognition and personalized content delivery. This effectively breaks down global communication barriers. Just imagine the possibilities – seamless video conferencing with real-time language translation, fostering collaboration across borders and languages. This is the exciting present and even more exciting future of B2B communication, powered by AI integration with platforms like Agora. As AI continues to evolve, we can expect even greater innovation and efficiencies across industries. Imagine AI-powered assistants summarizing key points during meetings or generating real-time transcripts with sentiment analysis. The possibilities are endless, and Agora is at the forefront of bringing this future to reality.”

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