So, we got some data here, and it’s saying there’s been an 85% increase in planned investments in intelligent automation solutions from last year. Automation Anywhere, who you might have heard of, is behind it all. They’re talking about process automation and generative AI as key investment catalysts for Indian enterprises. Big stuff, man. The report also says that 63% of Indian enterprises are putting money into artificial intelligence and machine learning for their business processes. That’s an 85% increase over last year, dude. They’re expecting big things, too, talking about 78% of enterprises wanting productivity gains. That’s a big motivation for them.
But there are some hurdles. Some of these Indian enterprises are running into obstacles with data challenges, regulatory and ethical concerns, technical complexities, and data security. That’s holding some of them back. But 33% of these enterprises are feeling confident about implementing strong security measures and privacy protocols to handle those AI technologies.
And they want to find out how all this tech is impacting the business. They’re looking at business ROI and customer and employee satisfaction as top measures of success for their automation solutions. They’re seeing the potential for industry-specific automation to solve specialized requirements.
They’re also talking about GenAI, and they see a need to scale up automation. But there are some problems, man. They’re running into issues with security and governance concerns, technical skills and training. They’re trying to encourage widespread citizen development, but it’s not easy.
But overall, they’re expecting to see significant scaling up of investments in Automation and AI/ML. They’re predicting generative AI-powered virtual assistants will be the key in turning conversational requests into high-quality automations.
So, that’s the deal, people. It’s a rapidly evolving landscape out there, and it looks like big things are on the horizon.