With AI and ML, Indian MSMEs will gain real-time insights, enabling them to quickly respond to market demands and operational challenges. —Kapil Rana, Founder, Hostbooks
Technology plays a huge role in driving the economy. To stay ahead in the dynamic ever-changing IT sector, MSMEs and Startups highly rely on technology. In recent times, AI and ML have transformed the Indian IT domain.
Whether OEMs, Independent Software Vendors (ISVs), hardware resellers or startups, to win the competition, it is becoming more and more essential for them to adopt AI and ML and move ahead of the rivals.
AI and ML Assist Data Driven Decision Making
AI and ML assist Indian MSMEs to harness vast amounts of data for more informed decision-making. ML algorithms can analyse consumer behaviour, market trends and financial data, providing actionable insights. This data-driven approach helps businesses predict demand, personalise customer experiences and create targeted marketing campaigns, making their offerings more competitive on a global scale.
To stay ahead of global peers, Indian MSMEs must adopt AI and ML strategically. This involves investing in talent development, adopting cutting-edge AI tools and continuously innovating their business models. By staying agile and integrating AI-driven solutions, Indian MSMEs can’t only compete globally, but also lead the charge in sectors like E-commerce, cybersecurity, fintech, equipment manufacturing etc., where AI is rapidly evolving.
Understanding the AI and ML Concepts
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Partners are Integrating Security Solutions
Chris Moore, SVP, Global Channels and Ajith Ramnath, Senior Partner Manager, India and SAARC, both at CyberArk, shared insights on the partner programme
Integrate both Online and Offline Channels
Ramesh Ramanujam, CEO, ABC Computers talks about challenges in hardware segment and how to get ahead
Growth Strategy for the Semiconductors Industry
Emerging techs present opportunities for Indian businesses to innovate, grow and contribute to the global semiconductor industry. An interaction with Srinivasa Gupta, CTO, SmartSoC Solution
Managing Software is Evolving with the Emerging Techs
The more we are abreast with technology, the more we can make the best use of our resources. Julian John, Owner, Zion Technologies on offering third partner software services
Predictive Data Analytics for Tracking and Optimising Performance
Anirudh Varshney, Founder & CEO, Trailytics talks about how to track and optimise performance of large and small enterprises
AI Edge to help Startups Outpace Industry Giants in Innovation
With Al, there is an efficient product development where the design and testing segments are compressed and products are introduced to the market faster to suit the dynamic consumer trends
Responsible AI Starts with Transparency
Building a trusted approach to AI requires enterprises to track data provenance and lineage and build models in a way that gives users confidence and control
How was Business this Year?
Some insights into how the partner businesses fared this year
-Dash 10, a Wireless DualBass Party Speaker
Portronics has introduced the Dash 10, a wireless dual-bass party speaker designed to elevate karaoke nights and social gatherings.
Post-Quantum Security-Enabled PIC64HX Microprocessors
Microchip Technology has announced the PIC64HX family of microprocessors (MPUs).
