Tag: investments in AI

India top choice for digital pursuit; firms to boost investments in AI, big data, cybersecurity: nasscom
Technology

India top choice for digital pursuit; firms to boost investments in AI, big data, cybersecurity: nasscom

[ad_1] India remains the top choice for enterprises looking to expand digital services portfolio and companies are expected to increase spending on AI, data analytics and cybersecurity, industry body nasscom said in a report on Monday.The report 'Digital Enterprise Maturity 5.0: Digital Readiness in the Era of AI' is based on a survey of 550 enterprises across 11 major sectors and seven major geographical regions. The survey found that 71 per cent of enterprises in India spent over 20 per cent of their tech spends on digital in 2023. "Nearly 90 per cent of companies have signalled plans to boost investments in key digital technology areas in 2024, including artificial intelligence (AI)/machine learning (AI/ML), big data analytics, cloud computing, cybersecurity, and intelligent automati...