Never miss a story

Get subscribed to our newsletter


×
In India, half of all employees will be equipped with AI skills in the next 6-10 years, a new Microsoft survey said. Pixabay

The organisations that have deployed Artificial Intelligence (AI) with skilling initiatives in India are generating most value from this new-age technology, and senior executives predict that half of all employees will be equipped with AI skills in the next 6-10 years, a new Microsoft survey said on Monday.

In India, all AI-leading companies said they are actively building skills of their workers, or have plans to do so, while over 93 per cent of senior executives surveyed from these companies were sure their business was gaining value from AI.


The research surveyed employees and leaders within large enterprises across industry verticals in India, and 19 other countries, to look at the skills needed to thrive as AI becomes increasingly adopted by businesses, as well as the key learning from early AI adopters.

Follow NewsGram on LinkedIn to know what’s happening around the world.

“AI is at the heart of digital transformation – which has accelerated at an extraordinary pace – and will continue to play a critical role in helping businesses be more agile, resilient and competitive during this time,” said Dr Rohini Srivathsa, National Technology Officer, Microsoft India.


98% of the employees surveyed among all the Artificial Intelligence companies were highly motivated for reskilling. Pinterest

However, the path of unlocking the full potential of AI lies in “combining its deployment with skilling initiatives that focus on both tech and soft skills”, she stressed.

Notably, 98 per cent of the employees surveyed among all the Artificial Intelligence companies were highly motivated for reskilling.

While 98 per cent of AI leading firms in India were increasing skills investments and interestingly, the overall number of Indian employees interested in skilling (85 per cent) is more than double that of employees across all surveyed markets (38 per cent).

Both the senior executives and employees surveyed found a direct link between having the skills needed to thrive in an Artificial Intelligence world and the value organizations gain from their Artificial Intelligence implementations.

The combination of skilling and Artificial Intelligence deployment is helping businesses succeed, said the report.


Nearly 94% of senior executives from AI leading businesses acknowledged that they are already seeing value from AI deployment. Pixabay

Nearly 94 per cent of senior executives from AI leading businesses acknowledged that they are already seeing value from AI deployment.

In fact, Indian AI intermediate companies are also not too far behind in this aspect –- with 87 per cent sharing the same view.

Also Read: Twitter Working on New Feature to Allow Users to View Retweets With Quotes

The gap between the two categories across all the countries surveyed, however, is much wider at 25 per cent.

The research showed that AI-leading firms are focused on ensuring that Artificial Intelligence is complementing the talents of their people.

“We’re seeing a virtuous circle emerge among the companies seeing the greatest value from AI. These leaders have seen that having the right skills enables them to unlock value from Artificial Intelligence , which encourages them to extend their use of AI and, in turn, continue in up-levelling skills in their organization,” said Srivathsa. (IANS)


Popular

CNN

Doris Lessing who won a Nobel Prize in Literature

London (CNN)- At five o'clock in the morning, the esteemed 86-year-old astrophysicist Jim Peebles was woken suddenly by the telephone ringing.

"In previous experience, the only phone calls at that time of night are bad news," he said. This one was great news. "The opening sentence from the caller was: 'The Nobel committee has voted to award you the Nobel Prize in Physics. Do you accept?'" Peebles recalled. The wording threw him. Who wouldn't accept a Nobel Prize? "You know the Bob Dylan fiasco?" he said during a phone interview with CNN. "That might have put the wind up them."The "fiasco" Peebles mentions refers to the 2016 Nobel Prize in Literature, which was controversially given to an utterly unimpressed Dylan.Aside from being ever-presents on college campuses in the 1960s, little connects Peebles, an expert in theoretical cosmology, with Dylan. But one of the starkest contrasts might lie in their reactions to winning a Nobel -- and the songwriter is far from the only laureate whose crowning turned out to be an awkward affair.

The five committees are notoriously secretive, fiercely shielding their choices from the outside world -- including the laureates themselves, who are told of their victories just minutes before they are announced to the public.

Keep Reading Show less
Wikimedia Commons

Sindoor implies the longevity of a woman's marriage to her husband in the Hindu tradition

Married Hindu women are recognised by a red streak of vermillion in the middle of their foreheads. This is traditionally called 'sindoor', which is derived from the Sanskrit word sindura, meaning 'red lead.'. Sindoor is traditionally powdered turmeric and lime, sometimes red saffron, or red sandalwood. It is also called vermilion, or Kumkum.

Vermilion powder mixed on a plate Sindoor is traditionally powdered turmeric and lime, sometimes red saffron, or red sandalwood. It is also called vermilion, or Kumkum. Image source: Photo by Gayathri Malhotra on Unsplash

Keep Reading Show less
Wikimedia Commons

Actress Urvashi Rautela has recently announced the name of her next film which is titled 'Dil Hai Gray'.

Actress Urvashi Rautela has recently announced the name of her next film which is titled 'Dil Hai Gray'. It's a Hindi remake of Tamil film 'Thiruttu Payale 2'. Urvashi Rautela will be seen alongside Vineet Kumar Singh and Akshay Oberoi.

Urvashi shares: "I am excited to announce the title of my next film 'Dil Hai Gray' on the auspicious day of Vijaya Dashami. The film is very close to my heart and it was lovely working with director Susi Ganeshan sir, producer M Ramesh Reddy sir, and my co-stars Vineet Kumar Singh and Akshay Oberoi. "

"The film has created a massive response in the south industry and I am very positive about the story that it will be also be loved by the audience here. I hope my fans would bless us with their love and support. Super excited to watch my film on the big screen after a long time," she concludes. (IANS/ MBI)


Keep reading... Show less