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We are pleased to announce that Primus Partners has acted as a knowledge partner for the latest nasscom and Meta white paper titled "Empowering India's Growth: Unlock AI's Potential for Tech-enabled MSMEs." This comprehensive white paper explores the key opportunities and challenges tech MSMEs face in integrating AI into their business operations.   MSMEs, often called the backbone of the Indian economy, encompass over 64 million businesses, generate more than 110 million jobs, and contribute 27% to India's GDP. Their growth is essential to realizing India's vision of becoming a #ViksitBharat. The white paper draws insights from the experiences of over 300 MSMEs who participated in a sentiment analysis and a series of workshops conducted across five major cities—Gurugram, Bangalore, Pune, Mumbai, and Hyderabad. Their inputs were crucial in shaping the white paper.   We are proud to present this paper and believe it will serve as a valuable resource for ecosystem partners, government, and MSMEs looking to harness the power of AI. We hope you will take the time to read the report and look forward to your thoughts and feedback.   Download a copy of the paper here: https://lnkd.in/dEYiTqKf Nilaya Varma Suman Kasana Sanjana Mishra nasscom ai Sangeeta Gupta Ankit Bose Madhav Bissa Sandhya Devanathan Shivnath Thukral Natasha Jog Rajat Arora

The impact of GenAI is complex. While some companies plan to reduce technical staff in 2024, others intend to hire more because of GenAI. Read the full report: https://hubs.la/Q02tj_xj0 #TechTalent #SkillsDevelopment

The impact of GenAI is complex. While some companies plan to reduce technical staff in 2024, others intend to hire more because of GenAI. Read the full report: https://hubs.la/Q02tWJsx0 #TechTalent #SkillsDevelopment

Glad to have represented Omkara Infotech Private Limited’s flagship, QuarkGen, the first full stack Gen AI from eastern part of India, at the recently concluded #GenAISummit2024 conducted by Inc42 Media. The forum laid a strong emphasis largely on how reliable, explainable and responsible Gen AI has been evolved to look beyond hype cycles to actually solving critical Enterprise problems and how LLM developers of all shapes, sizes have been augmenting workforce functioning, saving time & money, manoeuvring complex workflows and simplifying digital roadmaps for businesses. Exchanged valuable ideas with fellow founders, all eying at a $17Bn AI market- the need for a balanced approach around innovation vs regulation in Indian context, impact of scaled up Enterprise - consumer data infra in digital commerce/fintechs like Digital Public Infrastructure (DPI) makes real applications consumer friendly, GTM strategies that work best for accelerating Gen AI adoption and implementations across Enterprise users - Sales & Referral Led/PLG & Consumption led models. And frameworks and guidelines to answer - Build vs Buy/Self-hosted vs API dilemmas & Cost-benefits while Gen AI is in production. The most reflected upon areas/opportunities for developers/products and platform businesses/collaborators alike - Ops/Infra, AI gateway, AI sentry, communication layer, reasoning layer,LLMOps/MLOps, Governance/observability, security, compliant and responsible AI. Use cases seeing industry relevance: communication AI - customer lifecycle & employee engagement, risk, scoring/personalised recommendation, summarisation, underwriting/due diligence & fraud analytics, document intelligence, recruitment lifecycle, content & marketing -seo/video/graphics, gaming & VR, interaction audit, actions & Insights. Future indicates towards more multimodality, interoperability and autonomous agents performing tasks and actions seamlessly. Deeper nuances were unlocked at knowledge sessions and fireside chats, when things looked at from an Enterprise lens - aspiring production ready Gen AI setups should be - data centric, contextual, meaningful, scalable, consistent and explainable, as desired by leading Enterprises handling volumes of daily transactions - MakeMyTrip, PhonePe, PW (PhysicsWallah), Pfizer, FM Global, ones who could interact during the show. QuarkGen provides touch points with Enterprise ready security and integrations-chat interfaces, machine-voice interfaces, document intelligence and copilots imparting differentiated stakeholder experience at both buy and sell side of business communication for internet companies operating in a multilingual emerging economy like India, all built on highly secure task-oriented private LLMs enriched with innovative natural language/speech tech. nasscom Kolkata IT Hub QX Lab AI Hanooman MongoDB Microsoft Google Cloud #deeptech #inc42 #microsoft #azure #gcp #generativeai #fintech #banking #digital #digitalisation #ccaas  

The #GenAI #paradox: Why Indian IT firms ban it while preparing to sell it For #IT #services firms, the priority is #building #use #cases that convince their #clients to #adopt the technology. The likes of #IT giants know that a freely available technology such as #GenAI won’t do much for their relative competitiveness or margins unless they build and sell “#transformative #solutions, which use #GenAI". #AI has existed for a few decades. But the reason why #GenAI is considered to be such a major leap forward is that it has #greatly #democratised #AI for the #general #public and #businesses. Applications that were #limited to #large #companies with years’ worth of #stored #data can now be accessed by even #smaller and #newer companies. #Gupshup - the US-based messaging platform founded in India attributes the expected AI-driven $194-billion bonanza in #global #e-commerce sales this holiday season to #GenAI and #LLMs, which empower #marketers and #retailers to “gain a #better #understanding of their #customers”. A #logistics major, is creating a #GenAI-powered executive assistant for its #CEO. It’s an assistant that can answer how the #company’s #products are performing vis-à-vis its #competitors. An #electricity #service #provider that wants a tool to #automate #customer #inquiry #responses, particularly during #peak #load #periods. As integrators, #IT companies are aware that different clients are at different stages of tech readiness. It is not enough for the technology to be just a #CIO or #CTO’s mandate. For instance, the primary areas in which #HCL is building its projects include #chatbots, #summarisation, #email generation, and #translation. The #customers don’t come up with #use cases for #GenAI. Rather, we have to come up with these solutions for them. Companies must understand #GenAI as a #business tool rather than just a #technological one. It’s like the difference between #cloud and #analytics. #Cloud is purely a #technical solution that allows companies to store large amounts of data. While #cloud #transformation can be done by technology, #analytics requires an understanding of #business and the specific domain. #Data #privacy, after all, is a #key #concern when considering the #use of #GenAI-based #solutions. Companies are tackling these issues differently by exploring a method called retrieval augmented generation (#RAG) to address data privacy and hallucination concerns. #AWS launched #Amazon #Bedrock for custom AI applications, while #Microsoft’s partnership with #OpenAI grants access to #GPT-4 and more through #Azure. #GenAI assists in candidate screening through tailored assessment tests and evaluations based on their work experience. It also streamlines the onboarding of candidates. The #human-#inputted #context will remain the #key #ingredient of #GenAI’s #adoption. #GenAI: shifting from #experimentation to #scalable solutions and taking the tech from the #boardroom to the #operational core.

#TechNews - 💡 Did you know that between July and September 2023, the adoption rate of #GenerativeAI 𝐬𝐨𝐚𝐫𝐞𝐝 𝐟𝐫𝐨𝐦 62% 𝐭𝐨 71%, 𝐫𝐞𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐢𝐧𝐠 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐟𝐚𝐬𝐭𝐞𝐬𝐭 𝐦𝐚𝐬𝐬 𝐚𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐫𝐚𝐭𝐞𝐬 𝐨𝐟 𝐚 𝐧𝐞𝐰 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐞𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞! According to Forrester, firms actively embracing #GenAI are set to achieve outsized growth, outpacing the competition.. Read the full article: 📰 https://lnkd.in/dgbApbbx To stay updated with latest #Technology trends, visit our Knowledge Hub (blog) 👉 https://lnkd.in/dTYevyJR To check out relevant #Job openings, visit our #Careers page 👉 https://lnkd.in/d4HVMTJw #technologynews #technologytrends #technologysolutions #techblog #blog #technologyforgood #technologyadvancements #techcommunity #techenthusiast #goodreads #generativeaitools #genaiweek #ai4good #aicommunity #aiadoption #aiapplications #aichallenges #aiandbusiness

#Nvidia’s 628% YoY profit surge made me once again reach for this book. It’s pretty clear #AI is here to stay with the global economic benefits it presents now being valued at staggering $15.7 trillion by 2030. If you are keen to jump on the wagon and take advantage of the technological innovation that #MachineLearning has got to offer, don’t delay and get in touch. Whether you are looking for a managed solution, team augmentation or permanent members of staff, Randstad Digital is here to help. Get in touch to discuss how we can help elevate your business. sylvia.elliott@randstaddigital.com

From Jaipur's heart to the global stage, Celebal Technologies co-founded by Anirudh Kala and Anupam Gupta in 2016 is turning heads! This premier software services company has rapidly expanded to the USA, APAC, Europe, and beyond, boasting an impressive client list that includes 90% of Fortune 500 companies. Their mission is simplifying data and revolutionizing businesses with AI. Curious about their journey and how they're nurturing AI talent in India's tier-2 and tier-3 cities? Click the link below to dive into their incredible story!

3AI Roundtable at nasscom's AI STRATEGIES SUMMIT AI Strategy: The Secret Sauce for Competitive Advantage, Growth & Scalability Speakers: 1. Sameer Dhanrajani, CEO, 3AI (Anchor) 2. Nishant Chandra, Ph.D., Site Lead Azure Industry AI, Microsoft 3. Indrani Goswami, Analytics Leader, Razorpay 4. Vinodh Ramachandran, Director, Data Science & Analytics, Neeman Marcus 5. Biddappa M., Director - Data Science, MiQ 6. Paras Nigam, Vice President, Data Science & Engineering, KnowBe4 Wednesday, 24th January 2024 | 2:30 pm to 7:00 pm The Leela, (Old HAL Airport Road), Bangalore Register here to block your seats: https://rb.gy/y4c5ld In today’s BANI world and competitive business environment, it’s indispensable for every organization to stay abreast of the latest trends and technologies and implement them to improve business performance and stay relevant. The future of business is AI. Organizations cannot escape the impact of proliferation of AI. Being AI ready is changing the whole economics of the world, buying behavior of the consumers and dynamics of the organizations. In this ever evolving world, any organization that is not in sync with velocity and agility of change stands at a huge risk of becoming irrelevant. How can you create a differentiated AI Strategy for your organization ? In the age of industry 4.0 revolution, AI continues to dominates the technology landscape. Whilst the naysayers have advocated the doomsday for humanity by predicting the advent of singularity, AI Strategy can usher a new change in how we make decisions at enterprise and personal fronts.   Curating AI strategy in organizations can usher competitive advantage, enhance growth and scalability and trigger transformation. #artificialintelligence #genai #analytics #aistrategy #aiadoption #nasscom #events Kapil Gandhi Nandakumar Ramaiah

Have you heard the big news? 🗞️We recently unveiled our vision for iCIMS Copilot, our new generative AI recruiting assistant. But, these new capabilities aren’t where our AI story begins 🤖 AI is already natively embedded throughout the iCIMS Talent Cloud, at a platform level, to provide intelligence throughout the talent acquisition lifecycle. Our longstanding responsible AI program helps with candidate and job matching, chat, skills matching and more. Enter iCIMS Copilot: We’re building upon this journey to further elevate the recruiting experience through the power of #generativeAI, helping teams to unlock breakthrough hiring efficiencies, make smarter hiring decisions, accelerate hiring workflows and level up their recruiting skills. Andreea Wade, our VP of product strategy, shares more about our thoughtful and deliberate approach to bringing #GenAI to talent acquisition: https://okt.to/H6AgMF