IT firms accelerate rollout of AI-based technologies; increase focus on security, threats: IBM survey

IT firms accelerate rollout of AI-based technologies; increase focus on security, threats: IBM survey

IANSUpdated: Tuesday, May 11, 2021, 01:58 PM IST
article-image
Representative image | Markus Spiske from Pexels

More than 1 in 2 (53 percent) of Indian IT professionals say that their company has accelerated the rollout of artificial intelligence (AI) based technologies due to the COVID-19 pandemic, an IBM survey revealed on Tuesday.

While 43 percent of Indian IT professionals say that the pandemic has increased their focus on security and threats, more than 1 in 2 feel limited expertise or knowledge and increasing data complexity and data silos as barriers to AI adoption.

"Nearly all (95 percent) IT professionals in India believe that it is critical or very important to their business that they can trust the AI's output is fair, safe and reliable," according to IBM's ‘Global AI Adoption Index 2021' survey released during the company's IBM Think 2021' virtual conference.

"Trusted AI, the rise of virtual agents using NLP, automation, and anywhere Hybrid are the top areas that have emerged as key business enablers in the last year owing to the acceleration of technology adoption," said Viswanath Ramaswamy, Vice President, Technology, IBM Technology Sales, India/South Asia.

Over 3 in 4 (78 percent) Indian IT professionals said it is very important to their company that they can build and run their AI projects wherever the data resides.

During the virtual event, IBM unveiled new competencies, skills training, and benefits to ensure its partners succeed in an increasingly competitive market, as part of its $1 billion investment to support its partner ecosystem.

"We will look back on this year and last as the moment the world entered the digital century in full force," said IBM Chairman and CEO, Arvind Krishna.

"In the same way that we electrified factories and machines in the past century, we will use hybrid cloud to infuse AI into software and systems in the 21st century," he added.

IBM announced several advances in artificial intelligence (AI), hybrid cloud, and quantum computing at the Think conference.

RECENT STORIES

Game-Changing Alliance: Ambani's Reliance Ventures Into Adani's Power For The First Time; Acquires...

Game-Changing Alliance: Ambani's Reliance Ventures Into Adani's Power For The First Time; Acquires...

SRM Contractors IPO Subscribed 86.57 Times On Last Day Of Bidding

SRM Contractors IPO Subscribed 86.57 Times On Last Day Of Bidding

Tax-Saving Tip From Zerodha CEO Nithin Kamath: 'If You're Married And Hindu..."; Here's How To Save...

Tax-Saving Tip From Zerodha CEO Nithin Kamath: 'If You're Married And Hindu...

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

A Big Relief For Byjus's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29...

A Big Relief For Byjus's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29...