Latest news with #IBMIndia
Entrepreneur
16-07-2025
- Business
- Entrepreneur
IBM Launches Agentic AI Innovation Center in Bengaluru to Advance Autonomous AI Development
Commenting on the launch, Sandip Patel, Managing Director, IBM India and South Asia, said the center aims to support the national agenda of digital transformation by promoting deeper understanding and implementation of high-impact AI use cases You're reading Entrepreneur India, an international franchise of Entrepreneur Media. IBM has launched its latest Agentic AI Innovation Center at its Bengaluru office, aiming to support the development and adoption of autonomous AI agents in India. The facility is designed to provide clients, partners, and startups with practical experience in building and deploying AI agents, including the fine-tuning of Small Language Models (SLMs). At the center, users will be able to experiment with IBM's AI platforms and tools, including watsonx Orchestrate—IBM's orchestration solution for managing AI agents across enterprise workflows. The initiative is part of IBM's broader push to support enterprise adoption of agentic AI, a model that allows AI systems to act independently, adapt to changing environments, and work collaboratively within existing business systems. The facility will also serve as a space for co-innovation and community engagement. IBM plans to host developer meetups, technical workshops, and "AI Accelerator Days" to encourage collaboration among developers, researchers, and industry professionals. "India's AI landscape is evolving rapidly. The goal now is to move from passive AI support to more proactive, intelligent systems," said Dinesh Nirmal, Senior Vice President, IBM Software, during the inauguration. He emphasized that the new center will help enterprises identify specific business functions where agentic AI can enhance productivity, reduce downtime, and improve decision-making. According to a joint survey conducted by IBM and Oxford Economics, India is at the forefront of AI adoption. The study noted that 78 per cent of Indian executives see decision-making as the top benefit of agentic AI. The same percentage of leaders also said they are encouraging employees to experiment with AI tools, suggesting a strong culture of innovation within Indian enterprises. Commenting on the launch, Sandip Patel, Managing Director, IBM India and South Asia, said the center aims to support the national agenda of digital transformation by promoting deeper understanding and implementation of high-impact AI use cases.
Time of India
19-06-2025
- Business
- Time of India
IBM study: Indian CEOs double down on AI investments to drive long-term innovation
74% of surveyed CEOs say more budget flexibility is needed to capitalize on digital opportunities that drive long-term growth and innovation64% of surveyed CEOs strongly agree that their organization is realizing value from GenAI investments beyond cost reduction A new global study by the IBM (NYSE: IBM ) Institute for Business Value suggests that surveyed Indian CEOs are open to investing in digital opportunities that drive long term growth and innovation but need more budget flexibility to do so. They also cite lack of expertise and knowledge as a top barrier to innovation in their organization. The study also points to Indian CEOs investing in AI with purpose and having clear metrics to measure innovation ROI. The annual IBM CEO study , which surveyed 2,000 CEOs globally, revealed that executive respondents expect the growth rate of AI investments to more than double in the next two years. In India, 51% of surveyed CEOs confirm they are actively adopting AI agents today and preparing to implement them at scale. According to the findings, in India 58% of surveyed CEOs identify integrated enterprise-wide data architecture as critical for cross-functional collaboration, and 71% view their organization's proprietary data as key to unlocking the value of generative AI . However, the research indicates organizations may be struggling to cultivate an effective data environment: 53% of respondents acknowledge that the pace of recent investments has left their organization with disconnected, piecemeal technology. 'Indian CEOs are at the forefront of a massive transformation fuelled by technological advancements like generative AI and Agentic AI. It is no longer if they should adopt AI but where it can deliver the strongest competitive edge, and accelerated growth,' said Sandip Patel, Managing Director, IBM India & South Asia. 'To lead in this era, CEOs must see disruption as opportunity, focusing on tangible business outcomes while navigating constant change. At IBM, we're helping Indian enterprises scale AI responsibly and drive seamless AI adoption for long-term growth,' he added. Highlights for India from the IBM CEO Study include: Less Than a Third of AI Initiatives Met ROI Expectations, But Indian CEOs Stay Committed Surveyed CEOs report that only 25% of AI initiatives have delivered expected ROI over the last few years, and only 15% have scaled enterprise wide. To accelerate progress, 62% of CEO respondents say their organization is leaning into AI use cases based on ROI, with 66% reporting that their organization has clear metrics to measure innovation ROI effectively.64% of CEO respondents say their organization is realizing value from generative AI investments beyond cost reduction.69% of CEOs surveyed acknowledge that the risk of falling behind drives investment in some technologies before they have a clear understanding of the value they bring to the organization, but only 39% say it's better to be 'fast and wrong' than 'right and slow' when it comes to technology adoption. 44% of surveyed CEOs admit their organization struggles to balance funding for existing operations and investment in innovation when unexpected change occurs, as 74% of say more budget flexibility is needed to capitalize on digital opportunities that drive long-term growth and 2027, 84% of surveyed CEOs expect their investments in scaled AI efficiency and cost savings to have returned a positive ROI, while 78% expect to see a positive return from their investments in scaled AI growth and expansion. Indian CEOs Prioritize Strategic Leadership and AI Talent to Unlock Future Growth 67% of CEO respondents say their organization's success is directly tied to maintaining a broad group of leaders with a deep understanding of strategy and the authority to make critical decisions.61% of CEOs surveyed say that differentiation depends on having the right expertise in the right positions with the right cite lack of clear innovation strategy, aversion to risk and disruption, and lack of expertise and knowledge as top barriers to innovation in their organization.68% of CEOs say their organization will use automation to address skill gaps.54% of CEO respondents say they are hiring for roles related to AI that did not exist a year ago.
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Business Standard
13-06-2025
- Business
- Business Standard
Strong data strategy crucial for faster Gen AI RoI: IBM's Siddesh Naik
IBM India's AI head says most Gen AI projects fail due to weak data foundations and suggests a phased approach to unlock RoI within 18-24 months Avik Das New Delhi Listen to This Article Enterprises will see a comprehensive return on their artificial intelligence (AI) and generative AI (Gen AI) investments in 18–24 months if they adopt a proper data strategy that involves managing data effectively across siloes, according to IBM. Streamlining enterprise data, having an AI policy, reskilling people, and driving cultural transformation are often cited as key tenets of becoming an AI-first organisation. These all involve significant heavy lifting, which is why Gen AI adoption among enterprises continues to lag behind market expectations. AI is only as good as the data it is trained on. 'You have to find the right use
Economic Times
30-05-2025
- Business
- Economic Times
AI regulations key to safe usage amid possible disruption: Tech experts
Artificial intelligence is ushering in a new era of productivity as well as risks that enterprises and the government need to be prepared for, industry leaders said on Thursday. While AI will be a catalyst for India's economic growth, guardrails and governance will be key to adopt the technology safely and to build resilience amid possible disruption, they said. 'If we truly want to move towards Viksit Bharat in 2047, that will be rooted in technological empowerment, inclusive economic growth, and digital sovereignty, and AI truly can be an accelerator,' said Sandip Patel, MD, IBM India & South Asia. AI adoption in India is higher than in other countries, as per a global survey carried out by IBM, Patel said. However, this is more experimentation while adoption at scale still in trust and confidence in the technology are a key reason for this, he said, adding that credible cases with the right ROI are also needed. IBM itself is adopting the technology, with 95% of its HR processes now being done using AI agents, said B Lall, COO, Microsoft India & South Asia, said businesses should look at how to reshape their processes. 'As the world gets more agentic AI, we're hearing of terms like human-in-the-loop, human-on-the-loop and human-out-of-the-loop, as agents get to be more autonomous and they do most of the work by talking to other agents,' he said. At the same time, enterprises need to empower their employees with AI, he added. 'It's not just about giving them a tool that helps them to use AI, it's fundamentally changing the way organisations are looking at talent – do you need somebody with 20 years of experience or you could get somebody with lesser experience with a powerful AI assistant?'AI is bringing a moment of irreversible acceleration where intelligence is not confined to machines but also gets embedded into life itself, said Debjani Ghosh, distinguished fellow, NITI Aayog and chief architect, NITI Frontier Tech Hub.'India will have a very key role to play in shaping this future,' said Ghosh. 'Our tradition of human centric thinking, inclusivity, respect for collective good - this must become our competitive advantage in a world that needs to get anchored in trust for its survival.'There will be bad actors who master the technology much faster, however, and countries need to build resilience to recover quickly when things go wrong, she added. Shiv Siddhant Kaul, co-chair, CII National AI Forum & MD, NICCO Engineering Services, said that CII's AI taskforce has been focusing on outreach and workshops to familiarise businesses with AI, especially MSMEs which may not be engaging much with the is also a generation gap in awareness and use of AI, he said, with the 48–55 year age group lagging.'For most companies, it's going to be existential because newer companies that are empowering younger people are going to figure out how to use AI, and our challenge will be making sure that the companies that are left behind don't leave a big-sized hole in our society in terms of employment,' Kaul Singh Bhamra, founder & CEO, AgNext Technologies, said that startups are embracing AI and tend to do this with precise use cases rather than broad experimentation given their relatively limited resources compared to large it comes to agriculture, AI can play a role in optimising inputs and measuring output quantity and quality, which would be needed to build algorithms that can help us increase food production, he said.
Time of India
30-05-2025
- Business
- Time of India
AI regulations key to safe usage amid possible disruption: Tech experts
Artificial intelligence is ushering in a new era of productivity as well as risks that enterprises and the government need to be prepared for, industry leaders said on Thursday. While AI will be a catalyst for India's economic growth, guardrails and governance will be key to adopt the technology safely and to build resilience amid possible disruption, they said. 'If we truly want to move towards Viksit Bharat in 2047, that will be rooted in technological empowerment, inclusive economic growth, and digital sovereignty , and AI truly can be an accelerator,' said Sandip Patel, MD, IBM India & South Asia. AI adoption in India is higher than in other countries, as per a global survey carried out by IBM, Patel said. However, this is more experimentation while adoption at scale still lags. Gaps in trust and confidence in the technology are a key reason for this, he said, adding that credible cases with the right ROI are also needed. IBM itself is adopting the technology, with 95% of its HR processes now being done using AI agents, said Patel. Alok B Lall, COO, Microsoft India & South Asia, said businesses should look at how to reshape their processes. Live Events 'As the world gets more agentic AI, we're hearing of terms like human-in-the-loop, human-on-the-loop and human-out-of-the-loop, as agents get to be more autonomous and they do most of the work by talking to other agents,' he said. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories At the same time, enterprises need to empower their employees with AI, he added. 'It's not just about giving them a tool that helps them to use AI, it's fundamentally changing the way organisations are looking at talent – do you need somebody with 20 years of experience or you could get somebody with lesser experience with a powerful AI assistant?' AI is bringing a moment of irreversible acceleration where intelligence is not confined to machines but also gets embedded into life itself, said Debjani Ghosh, distinguished fellow, NITI Aayog and chief architect, NITI Frontier Tech Hub. 'India will have a very key role to play in shaping this future,' said Ghosh. 'Our tradition of human centric thinking, inclusivity, respect for collective good - this must become our competitive advantage in a world that needs to get anchored in trust for its survival.' There will be bad actors who master the technology much faster, however, and countries need to build resilience to recover quickly when things go wrong, she added. Shiv Siddhant Kaul, co-chair, CII National AI Forum & MD, NICCO Engineering Services, said that CII's AI taskforce has been focusing on outreach and workshops to familiarise businesses with AI, especially MSMEs which may not be engaging much with the technology. There is also a generation gap in awareness and use of AI, he said, with the 48–55 year age group lagging. 'For most companies, it's going to be existential because newer companies that are empowering younger people are going to figure out how to use AI, and our challenge will be making sure that the companies that are left behind don't leave a big-sized hole in our society in terms of employment,' Kaul said. Taranjeet Singh Bhamra, founder & CEO, AgNext Technologies, said that startups are embracing AI and tend to do this with precise use cases rather than broad experimentation given their relatively limited resources compared to large enterprises. When it comes to agriculture, AI can play a role in optimising inputs and measuring output quantity and quality, which would be needed to build algorithms that can help us increase food production, he said.
