Future forward: How AI will redefine new year
Financial Express Kochi|December 31, 2024
ARTIFICIAL INTELLIGENCE (AI) is set to redefine industries in 2025, driven by advancements in agentic AI, smaller language models (SLMs), and domain-specific solutions.
PADMINI DHRUVARAJ

ARTIFICIAL INTELLIGENCE (AI) is set to redefine industries in 2025, driven by advancements in agentic AI, smaller language models (SLMs), and domain-specific solutions. These technologies promise to revolutionize workflows, enhance customer experiences, and drive innovation across sectors such as healthcare, finance, supply chains, and small and medium-sized enterprises (SMEs).

Companies are responding with increased budgets, prioritization of custom AI applications, and a focus on workforce upskilling to prepare for this AI-driven transformation. Industry leaders have underlined the potential of AI in reshaping their operations. Harrick Vin, chief technology officer at TCS, predicts that AI will shift the focus of workflows from task management to driving customer success, fundamentally transforming knowledge work.

Similarly, Wipro is investing in industry-specific AI frameworks aimed at solving sector-specific challenges and maximizing returns on AI investments. Sindhu Gangadharan, managing director at SAP Labs, emphasized that generative AI will revolutionize how organizations interact with data, optimize operations, and create unique customer experiences.

This story is from the December 31, 2024 edition of Financial Express Kochi.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 31, 2024 edition of Financial Express Kochi.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FINANCIAL EXPRESS KOCHIView All
Financial Express Kochi

Manu, Gukesh Among 4 to Be Awarded Khel Ratna

DOUBLE OLYMPIC-MEDAL-LIST Manu Bhaker and chess world champion D Gukesh were among four winners of the Major Dhyan Chand Khel Ratna award announced by the Sports Ministry, which also named an unprecedented 17 para-athletes in the list of 32 Arjuna awardees to honour their resounding success at the Paris Paralympics.

time-read
1 min  |
January 03, 2025
Financial Express Kochi

Captain Rohit to miss Sydney Test, 'opts to rest'

THE EARLY HINT of India captain Rohit Sharma sitting out of the final Test of the Border-Gavaskar Trophy at Sydney came from head coach Gautam Gambhir.

time-read
3 mins  |
January 03, 2025
Financial Express Kochi

White-collar hiring up 9% in December

Hiring for white-collar jobs in India rose 9% in December compared to the same month in the previous year, a survey released on Thursday showed.

time-read
2 mins  |
January 03, 2025
Financial Express Kochi

Norms for capex release...

Minimising Shortfall

time-read
2 mins  |
January 03, 2025
Financial Express Kochi

Indices soar nearly 2%

EQUITY INDICES OF China, Hong Kong, and Thailand declined by up to 2.66%, while Indonesia (up 1.18%), Australia (up 0.53%), and Singapore (up 0.35%) ended with gains.

time-read
1 min  |
January 03, 2025
Financial Express Kochi

Rein in tax terrorism

WE NEED A TRANSPARENT SYSTEM THAT CURBS LITIGATION AND A QUICK RESOLUTION PROCESS

time-read
4 mins  |
January 03, 2025
Financial Express Kochi

Lessons from Manmohan Singh

Singh, as an RBI governor living through the permissive 1980s, understood the value of fiscal conservatism and implemented it as finance minister

time-read
3 mins  |
January 03, 2025
Financial Express Kochi

H-1B Visa Flip-Flop

Trump must convince hardliners that giving US access to the world's best and brightest is essential to its future

time-read
2 mins  |
January 03, 2025
Financial Express Kochi

New Orleans attack: Accused was inspired by Islamic State

A Tesla Cybertruck exploded in flames outside the Trump International Hotel Las Vegas on Wednesday, killing the driver and injuring seven others, and the FBI was investigating whether the blast was an act of terrorism, officials said.

time-read
1 min  |
January 03, 2025
Financial Express Kochi

Europe, Asia factories end 2024 on weak footing

FACTORY ACTIVITY IN Asia and Europe ended 2024 on a soft note as expectations for the new year soured amid growing trade risks from a second Donald Trump presidency and China's fragile economic recovery.

time-read
1 min  |
January 03, 2025