In 2024, about 91% of Indian companies are projected to utilize at least half of their data for training artificial intelligence (AI) models, as per insights from NetApp, an intelligent data infrastructure company. This statistic underscores India's leadership in AI and cloud innovation compared to its global peers.
India stands out as an AI frontrunner, with 70 percent of enterprises actively running AI projects or in progress, a figure significantly higher than the global average of 49 percent. Puneet Gupta, VP & MD of NetApp India/SAARC, attributed India's AI leadership to its abundant data resources, stating, "India is a country of humungous data sets. No surprise then, that India leads the world, and corporations are embracing AI to further their IT agenda."
The report, based on a survey of 1,300 IT executives across key global markets, including the US, the UK, France, Germany, Spain, Australia, New Zealand, Japan, Singapore, and India, revealed that AI-leading countries like India, Singapore, the UK, and the US have a higher prevalence of AI projects compared to AI-lagging countries such as Spain, Australia, New Zealand, Germany, and Japan.
Moreover, 87 percent of Indian companies have optimized their IT environments for AI, a trend also observed in some AI-lagging countries like Germany (67 percent) and Spain (59 percent). Gabie Boko, Chief Marketing Officer at NetApp, emphasized the importance of data-ready enterprises that integrate and unify diverse structured and unstructured data sets into an intelligent data infrastructure to thrive in the era of AI.
In addition, 53 percent of India-based companies reported being more likely to scale back or cut other parts of IT operations to make room for AI projects.
