15/07/2024- In today’s rapidly evolving tech landscape, Generative AI (GenAI) has quickly moved from a buzzword to a powerful, practical tool. AI is now integral to various fields, including healthcare, finance, transportation, and entertainment. Machine learning algorithms are enhancing medical diagnoses, optimizing financial trading, powering self-driving cars, and even creating art.
AI Appreciation Day is a time to celebrate the advancements in artificial intelligence and reflect on the ethical implications of this technology. It encourages a candid conversation about ensuring AI is used for the greater good.
As AI continues to develop rapidly, it is crucial to engage in thoughtful and inclusive dialogue about its potential and pitfalls. The decisions made today will shape the future of AI and its impact on society.
Comments By Industry Experts:
Amit Luthra, Managing Director – India, Lenovo ISG
“The AI decade has just begun, and we must recognize and emphasize practical applications over technological breakthroughs. With an increase in AI application, mitigating risks and deployment complexities becomes crucial for organizations looking to expand and enhance their operations. At Lenovo, our goal is to deliver AI to your data efficiently and responsibly. This AI Appreciation Day, let’s reaffirm our commitment to a ‘’Hybrid AI’’ vision ensuring AI is accessible, fair, and inclusive to all.
Today, 57% of Indian CIOs see AI as a game changer but face the biggest deployment challenges that are identifying the right business use case and skilled AI talent. Lenovo’s ongoing $1 billion investment in delivering a comprehensive AI-ready portfolio, spanning from pocket to cloud, accelerates large-scale AI deployment. Additionally, our ‘AI Fast Start’ for AI Innovators offering 165+ deployment-ready solutions, and 8-GPU systems quickly demonstrates AI value across industries.
As business needs expand, hybrid Smarter Infrastructure effectively manages AI complexities. Moreover, it enables them to generate and process data in real-time helping them to improve, innovate, and enhance superior customer experience. Ushering in this new era of AI, businesses must develop and evolve the entire industrial ecosystem to ensure AI is accessible across all development and application stages. Everyone should benefit from these advancements in a more sustainable future created through smarter AI.”
Mayank Baid, Regional Vice President, India, Cloudera.
“In India, AI is no longer a new technology or concept, but a part of India’s digital progress as one of the fastest-growing economies in the world. While 2023 was centered on AI quality and capabilities, 2024 is geared toward delivering tangible value. To achieve this, businesses are developing custom AI solutions to maximize the technology’s benefits. However, many Indian organizations still struggle to integrate AI models with business data and deploy LLMs efficiently. These challenges delay the realization of AI’s full potential, preventing businesses from maximizing data value, driving revenue, and optimizing costs. Additionally, the lack of accessible AI-driven tools for data analysis hinders the extraction of valuable insights.
At Cloudera, we fully understand this and constantly work towards addressing these gaps to better equip our customers to make data-driven decisions. We have recently introduced AI-driven assistants, including SQL AI Assistants, an AI Chatbot in Cloudera Data Visualization, and Cloudera Copilot for Cloudera Machine Learning. These tools accelerate AI development, democratize access to insights, reduce data management costs, and enable new use cases, empowering businesses to fully leverage their data.
Recently, an Indonesian bank, OCBC, has chosen Cloudera to support their vision of becoming a digital-first bank, enhancing customer experiences. The bank aims to leverage Cloudera’s hybrid data platform for generative AI, data management, and analytics. This partnership will aid The bank’s data science team integrated their data lake with various applications, enabling the delivery of advanced AI models and personalized customer recommendations,”
Sreejith AR, Global Head of Middleware Data Product & Services, Head of Creation Platform & Shared Services – APAC
“In an era where one-size-fits-all no longer cuts it, travelers crave unique experiences. Gen AI is today solving this by providing hyper-personalized search results to real-time recommendations, unlocking a new era of travel. At Amadeus, we are leveraging Gen AI to make the experience of travel better, for everyone, everywhere. We are empowering travel providers and sellers worldwide, to enable them to deliver smarter, more personalized travel experiences to their customers. Our APIs empower travel innovators to develop AI-based applications that not only innovate with new features but also introduce disruptive business models, fundamentally reshaping the travel experience. For instance, our Cytric solution offers conversational flight search, allowing travelers to book trips in natural language and inquire about travel policies and costs effortlessly. Amadeus Hey! builds brand loyalty post-trip through smart campaign management, keeping travelers inspired and engaged. In fact, AI’s impact extends beyond travel enhancements; it revolutionizes customer support by automating responses, providing instant and accurate information, thereby enhancing satisfaction and reducing the workload on support teams.
Looking ahead, AI-powered customer service promises heightened empathy and efficiency, establishing unprecedented standards in customer experience across the industry. AI brings transformative services to travelers’ fingertips, facilitating smarter choices, stress-free journeys, and seamless experiences. At Amadeus, we extend AI’s benefits not only to our customers but also integrate AI tools like Copilot to empower our employees, unlocking their full creative and productive potential. At Amadeus, we ignite a culture of relentless innovation and unparalleled efficiency that will transform the travel industry.”
Karthik Rajaram, Area Vice President and General Manager, India, Elastic
“As India’s digital economy rapidly expands, Artificial Intelligence (AI) has seen significant growth, redefining the country’s technological capabilities and social impact. From simplifying mundane tasks to solving complex global challenges, AI has seamlessly integrated into various aspects of our personal and work lives, driving efficiency and innovation and revolutionizing industries.
Among the various applications of AI, Search AI stands out as a game-changer. Taking the precision of search and the intelligence of AI, Elastic has helped many organizations interact with and derive value from their data, to get answers that are faster, smarter, and more efficient.
In healthcare, it is helping medical professionals quickly access critical patient information, research studies, and treatment plans, enabling better diagnosis and care. In business, it is empowering companies to swiftly uncover actionable insights from vast data pools, enhancing decision-making, customer service, and operational efficiency. Additionally, it assists IT and security teams in real-time threat identification and helps businesses offer more targeted customer support.
Yet, as we celebrate AI and its achievements, it is also crucial to emphasize our responsibility in ensuring its ethical application. Elastic is deeply committed to AI’s ethical development and deployment, emphasizing transparency, accountability, and fairness. Our vision is to harness the power of Search AI while preventing biases and ensuring equitable benefits for everyone.
On this AI Appreciation Day, let us celebrate the extraordinary advancements in AI technology and the positive impact it has on our lives. Let us commend the innovators and visionaries who make these advancements possible. At Elastic, we are thrilled to be part of this journey, transforming how the world searches, accesses, and interacts with data.”
Nick Magnuson, Head of AI, Qlik
“Artificial Intelligence, when grounded in contextually-relevant information, becomes a game-changer for businesses. The true power of AI lies in its ability to uncover insights across a wide array of information in real-time. Having a robust foundation for AI not only enhances the precision of these models but also transforms decision-making processes across all levels of an organization.
AI can make complex data accessible and actionable, democratizing insights and enabling employees, regardless of their technical expertise, to drive smarter outcomes. However, to unlock AI’s full potential responsibly, businesses must invest in comprehensive data integration and governance frameworks. This ensures that AI systems are fed with accurate, relevant, and timely data, while minimizing biases and fostering trust.
Looking ahead, AI will serve to differentiate industry leaders from laggards. Countries like India are pioneering in this space, demonstrating how AI can transform sectors such as healthcare and education. But remember two things: success in AI is a journey, not a destination. Develop a plan that suits your organizations needs and abilities, one that builds on early successes. Second, AI is not a replacement for human judgment – it’s an enhancement. By combining AI’s capabilities with human expertise, we significantly improve our ability to make informed, strategic decisions in this rapidly evolving technological landscape.”
Chinmay Hegde, Co-Founder, CEO, and Managing Director of Astrikos
“Under the central government’s ambitious National Infrastructure Pipeline (NIP) Program, India’s infrastructure sector will be fuelled by planned investments worth USD 1.4 trillion by 2025. This massive growth demands a substantial workforce, both technical and non-technical, to ensure these projects succeed. However, the shortage of skilled labor in the sector is a growing challenge, with employability remaining a significant hurdle.
With new airports, roads, and other infrastructure projects slated for this year, the solution to the manpower crisis lies in harnessing Infra-AI technology. The year 2024 will be a critical milestone in AI’s evolution, as Infra-AI has the potential to create more efficient, resilient, smarter, and sustainable infrastructure systems by integrating machine learning, IoT, and other advanced technologies. Infra-AI can also provide real-time data analytics and predictive models, monitor carbon emissions, identify inefficiencies, forecast ambient temperature requirements, and optimize energy output. These capabilities empower administrators in planning, monitoring, and decision-making. On AI Appreciation Day 2024, we at Astrikos.ai celebrate AI’s vital role in ensuring the enduring success of sustainable infrastructure projects.”
