GenAI to boost India’s IT industry’s productivity by up to 45%: EY India survey

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The increasing use of generative artificial intelligence (GenAI) could boost the productivity of India’s $254-billion software by 43%-45% over the next five years, according to a survey by consulting firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ey-india” target=”_blank”>EY India.

This productivity boost, which EY India’s survey states will span 500 roles, will come through the dual effect of the IT industry itself integrating elements of GenAI internally and as more client projects move from proof of concept to production.

Top IT companies such as rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Tata Consultancy Services and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms”>Infosys have highlighted the use of AI…



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GenAI to boost India’s IT industry’s productivity by up to 45%: EY India survey


The increasing use of generative artificial intelligence (GenAI) could boost the productivity of India’s $254-billion software by 43%-45% over the next five years, according to a survey by consulting firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ey-india” target=”_blank”>EY India.

This productivity boost, which EY India’s survey states will span 500 roles, will come through the dual effect of the IT industry itself integrating elements of GenAI internally and as more client projects move from proof of concept to production.

Top IT companies such as rel=”dofollow” href=”https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Tata Consultancy Services and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms”>Infosys have highlighted the use of AI…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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