Leveling the Playing Field: How Generative AI is Revolutionizing SMEs and MMEs in India
DataQuest|May 2024
As small and medium-sized enterprises (SMEs) and mid-market enterprises (MMEs) become pivotal to economic growth, industry leaders like SAP report that a substantial portion of their business revenue-up to 80 percent-comes from this sector, highlighting the growing importance and potential of these businesses in the global market. In light of this, concerted efforts from industry associations like NASSCOM are crucial in equipping these enterprises with advanced technologies such as generative AI, ensuring they remain competitive and innovative in a rapidly evolving digital landscape.
Minu Sirsalewala
Leveling the Playing Field: How Generative AI is Revolutionizing SMEs and MMEs in India

In an exclusive interview with Srikanth Srinivasan, Vice President & Head – Membership & Outreach at NASSCOM, we explore how generative AI is reshaping the operations of SMEs in India, democratizing access to technologies that were once the preserve of larger corporations. This conversation delves into the initiatives aimed at enhancing the adoption of AI technologies, addressing ethical concerns, and ensuring a skilled workforce to harness these advanced tools effectively.

How is generative ai influencing sme operations in india, especially in terms of automation, cost, and access to advanced analytics?

Today, generative AI and AI technologies are no longer exclusive to just a handful of large companies. The landscape has evolved into a more democratic setup, making these technologies widely accessible in an open-source environment. This shift has particularly benefited SMEs by making advanced tools readily available to them. SMEs are leveraging these technologies primarily to boost productivity, improve customer experiences, and accelerate their time to market. These advantages are helping them utilize AI effectively across various aspects of their operations.

Are smes seeing significant impacts from implementing generative AI? 

هذه القصة مأخوذة من طبعة May 2024 من DataQuest.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 2024 من DataQuest.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من DATAQUEST مشاهدة الكل
Rewriting Insurance with Data and Foresight: Lessons from Pramerica's CTO
DataQuest

Rewriting Insurance with Data and Foresight: Lessons from Pramerica's CTO

As insurance companies pivot from operational reliance on technology to embedding it as a core strategy, Pramerica Life Insurance leads by example. CTO Sunil Jain discusses how innovations in AI, cloud platforms, and data frameworks are not only solving current challenges but shaping the future of the industry.

time-read
7 mins  |
January 2025
Is AI on Batman's side or on Joker's side?
DataQuest

Is AI on Batman's side or on Joker's side?

Also, spoiler alert. Your body-guard is not your body double. Leave the couch. In an age where Cyber-insurers also look at security maturity before they undertake new enterprises, where security fatigue is a bitter reality, where the grey-matter of LLMs can easily be conned by benign chatter, and where AI is turning as much into a Robin as into a Harley Quinn - and with equal speed and probability - whose side is AI on? Philippa Cogswell, Managing Partner, Unit 42, Asia Pacific & Japan, Palo Alto Networks helps us unravel these complex plot lines.

time-read
7 mins  |
January 2025
Counting on Quantum - A quick peek inside India's Refrigerator
DataQuest

Counting on Quantum - A quick peek inside India's Refrigerator

The menu of tomorrow's IT courses would be completely changed by what's currently being marinated in quantum computing trays. From cryptography to heavy simulations to huge AI workloads to Cloud. Let’s open the doors of this cold, but busy, kitchen area for a minute to get a sense of what Indian ice-boxes are up to.

time-read
6 mins  |
January 2025
Digital Twins: The Blueprint Becomes the Blue-eyed Boy
DataQuest

Digital Twins: The Blueprint Becomes the Blue-eyed Boy

Ever wondered why people in offices are seen more around the photocopier or printer rather than their computers?

time-read
9 mins  |
January 2025
The Cloud Advantage: Infor's CloudFueled Growth in Asia-Pacific
DataQuest

The Cloud Advantage: Infor's CloudFueled Growth in Asia-Pacific

Senior VP Terry Smagh highlights Infor’s growth, cloud adoption, and AIdriven operations. With major investments in India, including an R&D hub and upcoming data center, Infor leads in innovation, efficiency, and sustainability.

time-read
3 mins  |
January 2025
How Onix is Making AI Accessible to All Business Teams
DataQuest

How Onix is Making AI Accessible to All Business Teams

Niraj Kumar, CTO of Onix, shares his extensive experience in IT and cloud technology to explore how the convergence of data, cloud infrastructure, and AIL is driving digital transformation. He discusses the critical role of data context, ethical practices, and security in ensuring that AI delivers its full potential across all levels of an organization.

time-read
6 mins  |
January 2025
Arka Fincap Redefining Finance Through Technology
DataQuest

Arka Fincap Redefining Finance Through Technology

Arka Fincap has embraced technology to streamline its operations and enhance customer experiences. By utilizing tools such as low-code platforms, automation, and cloud infrastructure, the company has significantly reduced processing times and operational costs. This approach has enabled efficient loan processing, seamless fintech integrations, and data-driven decision-making. Arka's journey highlights the role of technology in modernizing financial services while balancing scalability, compliance, and customer-centricity.

time-read
5 mins  |
January 2025
AWS is assuring that the AI that's being built is reliable, responsible and trustworthy
DataQuest

AWS is assuring that the AI that's being built is reliable, responsible and trustworthy

At AWS re:Invent 2024, Las Vegas Dr. Angela Shippy, Senior Physician Executive at AWS, discusses how technology is reshaping healthcare-from generative AI to predictive analytics and secure cloud solutions.

time-read
5 mins  |
January 2025
AI in Multiplexes, the 'cold open' scene is here
DataQuest

AI in Multiplexes, the 'cold open' scene is here

Would AI remove all the walls in, and around, Cinema; or would it create very personalized boxes for every viewer? Here's a peek. No Spoilers here. But some Stingers for sure.

time-read
5 mins  |
January 2025
e-Red Tape, virtual CAs and wait-and-watch hoops - a look at India's digital Selfie
DataQuest

e-Red Tape, virtual CAs and wait-and-watch hoops - a look at India's digital Selfie

Bertram D’Souza, Chief Product Innovation Officer, Protean eGov Technologies Ltd. helps us to unpack how India’s digital stacks, digital goods, fast interfaces, real-time financial lanes and tech-driven tax administration shine and where they do/can falter if we ignore some tough, but practical, questions.

time-read
6 mins  |
January 2025