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India’s US$957 Billion AI Economy and How Serious are Indian Companies about it?

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India will witness one of its biggest AI gatherings in Mumbai with a special address from Shri Suresh Prabhu, India’s Sherpa to G7 and G20 and former Union Minister for Commerce and Industry; NITI Aayog`s Program Director, Arnab Kumar and India’s top C-level tech folks and AI experts. World AI & RPA Show will also feature India’s most popular humanoid robots Nino, Mitra 2.0 and Indro 3.0. 

Tuesday, 15 October 2019 (Mumbai): The growing interest of Indian organizations in deploying 5th generation technologies such as Artificial Intelligence, Machine Learning and Robotic Process Automation (RPA) is likely to drive significant growth in investments in this space. According to Accenture, Artificial Intelligence has the potential to add US$957 billion, or 15% of India’s current gross value in 2035 and with the RPA market growing immensely at 63.1% to US$846 million last year, research firm, Gartner predicts that by the end of 2022, 85% of large organizations will have deployed some form of RPA. But how serious are Indian organizations about going digital?

To find out, India will witness one of its biggest AI gatherings in Mumbai this month. The 12th global edition of World AI & RPA Show supported by the Ministry of Electronics and Information Technology, Government of India, will open at the Nesco Center, The Grande – Gate 2 in Mumbai on 16 and 17 October 2019. With IBM as Headline Partner and Antworks as Lead Partner, World AI & RPA Show will have a vehement participation from India’s government bodies, top C-level executives, tech leaders, AI & RPA implementers, solution providers, investors, startups and various robots — all under one roof.

When asked about the upcoming event, CEO and Founder of Trescon, Mohammed Saleem said, India’s startup ecosystem is booming! This would mean equal growth opportunities in the AI and RPA markets. World AI & RPA Show will aim to harness ideas and strategies from top thinkers and decision-makers by sharing use-cases and application scenarios that can contribute to India’s implementation roadmap for AI.

Speakers for the conference include Shri Suresh Prabhu, India’s Sherpa to G7 and G20 and former Union Minister for Commerce and Industry, Govt. of India; Arnab Kumar, Program Director at NITI Aayog, Govt. of India; Rama Devi Lanka, Director – Emerging Technologies, Officer on Special Duty, ITE&C Department, Govt. of Telangana; Deepali Naair, CMO for IBM India & South Asia and Dr Vikram Vij, Sr. Vice President, R&D for Samsung Electronics among other top speakers.

World AI & RPA Show will also feature India’s most popular humanoid robots Nino (India’s First Educational Robot) Mitra 2.0 (India’s first indigenous humanoid robot) and Indro 3.0 (The autonomous humanoid robot).

India is the third-largest startup ecosystem in the world and World AI & RPA Show will give impetus to the nation’s vibrant startup ecosystem by setting the stage for over 15 startups to pitch before global investors at the regional competition of Startup World Cup by Pegasus Tech Ventures. The World Champion team will receive US$1,000,000 investment prize and exposure to over 10 million people across the globe.

Conference Partners of World AI & RPA Show include Headline Partner, IBM; Lead Partner, Antworks; Platinum Partner, Kanerika; Gold Partner, DDN Storage; Innovation Spotlight Partner, UST Global; Badge Partner, QualityKiosk Technologies Pvt. Ltd; Bronze Partners, Huawei, Acxiom Technologies, Team Computers Pvt Ltd, Anblicks and Nividous Software Solutions; Exhibitors, Finesse Global, NeoSoft Technologies and Heptagon Technologies Pvt Ltd.

Visiting Partner: Uniphore

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Astha is an experienced Content Writer and Blogger in Blockchain, Tech, Fashion and eCommerce field with a successful track record of working in Creative Content Writing, Public Relations and Growth planning.

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