1 week ago

AI Expands Indian IT Opportunities, Demanding New Business Models

AI Expands Indian IT Opportunities, Demanding New Business Models
AI will expand opportunity for Indian IT firms, but business models will have to evolve: Snowflake India MD · CNBC TV 18

Artificial intelligence is changing how India’s technology companies work.

It may create more opportunities for these companies.

Some of the new work will involve data engineering, specialised skills and enterprise AI.

Businesses are beginning to move AI projects beyond testing and into regular use.

Traditional technology companies may benefit from this change.

However, they cannot rely entirely on their old ways of doing business.

They may need to promise specific results instead of only providing services.

They will also need to show that AI projects deliver value and a good return on investment.

Key facts

Industry affected
India’s IT services industry
Key technology areas
Data engineering, specialised skills and enterprise AI
Business shift
Movement toward outcome-based engagements
Enterprise trend
AI is moving from experimentation to production
Required focus
Measurable business outcomes and return on investment
Named expert
Vijayant Rai, Snowflake India managing director

Sources

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