GENERATIVE ARTIFICIAL intelligence (Gen AI) is rapidly transforming the business landscape. With every passing day, its influence in shaping business operations is proving to be more real than hype. Companies that do not recognise or leverage its transformative potential may find it hard to remain economically viable over the next decade or so. PwC's 27th Annual Global CEO Survey: India perspective, accordingly, highlights the imperative for companies to reinvent-especially with Gen AI-not only to stay the course but also to increase revenue and profitability.
While CEOs in general have been upbeat about the Indian economy, numerous social challenges barricade India's road to economic prosperity. A well-defined strategy comprising the following five action steps can perhaps help businesses gain a competitive advantage while remaining viable in the long run.
BUILDING TRUST
Denne historien er fra March 17, 2024-utgaven av Business Today India.
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Denne historien er fra March 17, 2024-utgaven av Business Today India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky
