India is going ahead of many other countries in implementing Artificial Intelligence (AI).
More than half, or 58 percent of all companies that use AI in India, are working with the technology at scale. What this means, India in implementing AI is already above average, as companies the country are going beyond just test and pilot.
They're adopting the technology at a larger scale into production level.
A report titled Turning AI into concrete value: the successful implementers’ toolkit, released by Capgemini’s Digital Transformation Institute on September 2017, took records on surveys conducted between March and June 2017 on nearly 1,000 companies that are using AI and have revenues of over $500 million across nine countries.
While the U.S., China and several others are able to deliver AI into good use by discovering new things, in India, the ratio of using AI in productivity exceeds those countries.
This statistic is largely driven by American companies like Accenture, Microsoft, and Adobe, which set up innovation centers in India,
In 2016, India was the second-largest global site for new centers, sitting just after the U.S..
The Indian government’s Digital India initiative also has created a favorable regulatory environment for increased use of AI, it said.
While India is ill-prepared to counter the wholesome achievement in science if compared to China. India is setting up national targets in the areas of AI as it does in space technology. The country is also trying to make its science and research institutions more streamlined, free of political activism, and more committed to national missions in science.
The larger benefit of AI in the Indian context doesn't come from the domain of productivity, but in distribution and management, which opens doors to consider alternate ownership models.
Meanwhile, the slower pace of AI adoption in European countries, "[indicate that] firms in these markets are not yet ready to adopt the technology," the report said.
