Last year, the Government of India allocated Rs 3,958 crore for the Digital India Programme. Global Research and Advisory company Gartner predicted India’s IT spending will touch $7.3 billion, up by 9.4 percent from $6.6 billion last year.
In terms of human capital, reports suggest that 12 percent of global AI researchers are from India. The country has the talent pool and ammo to drive its AI For All strategy. On the other side, India is also a huge market for AI products.
Here is a list of the major product launches from this year so far:
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AI learning platform by DcodeAI
Delhi-based AI-focused edtech startup DcodeAI launched a DIY (Do-It-Yourself) learning platform for 12-18 years in January this year.
The DIY course teaches AI concepts to children and hones their data manipulation, data visualisation, statistics, ML, and deep learning skills. CEO and Co-founder Kartik Sharma said the launch of this programme was in line with India’s vision to democratise AI across all sectors.
Avaamo’s voice assistants
Virtual and HIPAA-compliant conversational assistant provider Avaamo recently deployed voice assistants to interact with patients. The information gathered from these patients will be stored by Epic App Orchard to improve the digital front door experience for patients.
DIZO by Realme
Smartphone manufacturer Realme recently announced the launch of its tech lifestyle ecosystem, DIZO, focused on AIoT products. DIZO will concentrate on four product categories– smart entertainment, smart care, smart accessories and smart home, and the company plans to launch over 100 AIoT products in India this year.
Madhav Sheth, Vice President of realme and Chief Executive Officer of realme India and Europe, said in a press statement: “This is a momentous occasion as DIZO goes live with its mission to offer innovative and diversified AIoT solutions to its consumers. The new brand will enable consumers to experience a smart, efficient, and interconnected life. Being the first brand in the realme TechLife ecosystem, I am very excited to tell you that DIZO already has great products in the pipeline to offer to its consumers.”
Yellow Messenger Cares
Conversational AI platform Yellow Messenger recently launched its omnichannel chatbots ‘Yellow Messenger Cares’ for COVID-19 related queries..
Medical institutions, NGOs, businesses and support groups or businesses can get access to the AI-based chatbot built by Yellow Messenger, and use it to provide real-time services. This is a CSR initiative by Yellow Messenger.
Qure.ai Intelligent X-ray solutions
Qure.ai announced its partnership with Fujifilm to launch X-ray solutions augmented with the former’s computed aided radiology software application qXR.
Fujifilm’s portable X-ray FDR Xair system is equipped with a new image processing box called Expansion Unit EX-Mobile, enabling it to connect with qXR. According to Qure.ai, the AI will analyse X-ray images within seconds to detect abnormalities.
Tredence’s ML Works
Bengaluru-based AI and analytics services company Tredence launched ML Works earlier last month. The state-of-the-art ML platform offers automated workflows, pre-built solutions for tracking model degradation, and code workflow management. Targeted towards engineers, data scientists and analysts, the platform will help enterprises navigate ML operations challenges.
ML Works includes data drift analysis capabilities for monitoring product model accuracy, explainable AI for non-technical users, and custom metrics.
India’s usage of AI technology is now breaking geographic barriers to reach the grassroot population of the country, HDFC Bank and Common Services Centres (CSCs) recently to the banking needs of entrepreneurs in villages.
Additionally, AI startup Uniphore Software Systems recently raised a $140 million investment to expand its AI-backed services to areas such as video calls.