Sunday, February 28, 2021
  • Setup menu at Appearance » Menus and assign menu to Top Bar Navigation
Advertisement
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News
No Result
View All Result
NikolaNews
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News
No Result
View All Result
NikolaNews
No Result
View All Result
Home Machine Learning

Artificial intelligence, machine learning can be as big as $177bn IT services industry: Kris Gopalakrishna

August 10, 2019
in Machine Learning
Artificial intelligence, machine learning can be as big as $177bn IT services industry: Kris Gopalakrishna
585
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter
NEW DELHI: Kris Gopalakrishnan, co-founder Axilor Ventures and former executive vice chairman of Infosys, said emerging technologies such as artificial intelligence and machine learning would impact the Indian economy like the $177 IT services sector.

The IT services sector veteran said use of AI and ML in industries and every aspect of life would significantly increase the use of these technologies, and it could form up to 40% of the government’s estimated $1 trillion digital economy in the next 20-30 years.

You might also like

Top Master’s Programs In Machine Learning In The US

Key Company Profile, Production Revenue, Product Picture and Specifications 2025

Machine Learning May Reduce Mental Health Misdiagnosis

“If I look back and see the introduction of digital computers in India, the best example is IT services industry, which is today $177 billion and around 4 million people employed. It had significant impact and AI and ML will have similar significant impact,” said Gopalakrishnan, the chairman of India Innovation Summit organised by industry body CII.

The IT services industry has grown to $177 billion during the past three decades as companies globally have outsourced their software maintenance and application development work to Indian companies. The sector, which saw consistent growth, created thousands of jobs every year.

He also announced the 15th edition of the Summit would focus on creating a “game plan” to drive innovation using such technologies. The two-day conference (August 21-22) will see participants from industry, academia and government organisations.

Gopalakrishnan said increasing use of devices across industries and people would create huge data and such new-age technologies could create actionable insights from them.

The former Infosys vice chairman said CII is setting up an AI forum this year and he would chair it.


Credit: Google News

Previous Post

inMarket acquires rival Thinknear, suggesting consolidation ahead for location intelligence

Next Post

How to Stay Employed in the AI Era

Related Posts

Top Master’s Programs In Machine Learning In The US
Machine Learning

Top Master’s Programs In Machine Learning In The US

February 28, 2021
Machine Learning as a Service (MLaaS) Market 2020 Emerging Trend and Advancement Outlook 2025
Machine Learning

Key Company Profile, Production Revenue, Product Picture and Specifications 2025

February 28, 2021
New AI Machine Learning Reduces Mental Health Misdiagnosis
Machine Learning

Machine Learning May Reduce Mental Health Misdiagnosis

February 28, 2021
AI & ML Are Not Same. Here's Why – Analytics India Magazine
Machine Learning

AI & ML Are Not Same. Here's Why – Analytics India Magazine

February 27, 2021
Is Wattpad and its machine learning tool the future of TV? — Quartz
Machine Learning

Is Wattpad and its machine learning tool the future of TV? — Quartz

February 27, 2021
Next Post
How to Stay Employed in the AI Era

How to Stay Employed in the AI Era

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Plasticity in Deep Learning: Dynamic Adaptations for AI Self-Driving Cars

Plasticity in Deep Learning: Dynamic Adaptations for AI Self-Driving Cars

January 6, 2019
Microsoft, Google Use Artificial Intelligence to Fight Hackers

Microsoft, Google Use Artificial Intelligence to Fight Hackers

January 6, 2019

Categories

  • Artificial Intelligence
  • Big Data
  • Blockchain
  • Crypto News
  • Data Science
  • Digital Marketing
  • Internet Privacy
  • Internet Security
  • Learn to Code
  • Machine Learning
  • Marketing Technology
  • Neural Networks
  • Technology Companies

Don't miss it

Privacy Commissioner asks for clarity on minister’s powers in Critical Infrastructure Bill
Internet Security

Privacy Commissioner asks for clarity on minister’s powers in Critical Infrastructure Bill

February 28, 2021
Top Master’s Programs In Machine Learning In The US
Machine Learning

Top Master’s Programs In Machine Learning In The US

February 28, 2021
TikTok agrees to pay $92 million to settle teen privacy class-action lawsuit
Internet Security

TikTok agrees to pay $92 million to settle teen privacy class-action lawsuit

February 28, 2021
Machine Learning as a Service (MLaaS) Market 2020 Emerging Trend and Advancement Outlook 2025
Machine Learning

Key Company Profile, Production Revenue, Product Picture and Specifications 2025

February 28, 2021
Cybercrime groups are selling their hacking skills. Some countries are buying
Internet Security

Cybercrime groups are selling their hacking skills. Some countries are buying

February 28, 2021
New AI Machine Learning Reduces Mental Health Misdiagnosis
Machine Learning

Machine Learning May Reduce Mental Health Misdiagnosis

February 28, 2021
NikolaNews

NikolaNews.com is an online News Portal which aims to share news about blockchain, AI, Big Data, and Data Privacy and more!

What’s New Here?

  • Privacy Commissioner asks for clarity on minister’s powers in Critical Infrastructure Bill February 28, 2021
  • Top Master’s Programs In Machine Learning In The US February 28, 2021
  • TikTok agrees to pay $92 million to settle teen privacy class-action lawsuit February 28, 2021
  • Key Company Profile, Production Revenue, Product Picture and Specifications 2025 February 28, 2021

Subscribe to get more!

© 2019 NikolaNews.com - Global Tech Updates

No Result
View All Result
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News

© 2019 NikolaNews.com - Global Tech Updates