Companies Step Up Investments in AI, Sustainability to Stay Ahead of the Game

Over the last few years, India has made rapid strides in technology, becoming a global leader in tech-led innovation. As digital transformation becomes a top priority across sectors, companies are increasingly investing in emerging technologies like artificial intelligence (AI), cybersecurity, cloud, and automation to stay ahead in a dynamic business environment.

Enterprise data company NetApp notes that India’s advancements in AI are driving data expansion and increasing power consumption. They highlight the importance of robust data infrastructure for reducing digital waste and optimising storage and energy consumption.

Major tech firms suggest that the future of AI hinges on sustainable practices. Wipro emphasises optimising resource usage while addressing energy consumption concerns tied to AI technology and data centres.

Sanket Atal from Salesforce argues that as India approaches its vision of Viksit Bharat by 2047, the focus should be on intentional innovation that benefits society and the environment.

As AI workload demands rise, infrastructure must keep pace. Vertiv’s Shrirang Deshpande underscores the need for evolving data centre capabilities to effectively support AI technologies.

The healthcare sector is also benefiting significantly from AI, with advancements in drug discovery and patient care. Raj Babu from Agilisium discusses how AI is shortening drug discovery timelines and optimising healthcare processes.

Fidelity Investments is also adapting by promoting a culture of continuous learning and reskilling among its workforce to better meet the evolving tech landscape in financial services.

Key Points

  • India’s rapid tech advancements are driving significant investments in AI and sustainability.
  • Companies like NetApp stress the importance of robust data infrastructures to manage energy consumption and data efficiently.
  • Sustainability is becoming a central tenet for tech firms, optimising resource usage while addressing AI’s power needs.
  • Intentional innovation is vital for India’s future, aiming for technology that benefits both society and the environment.
  • As demand for AI grows, data centre infrastructures must evolve to keep up with technological advancements.
  • AI is transforming healthcare by speeding up drug discovery and enhancing patient care processes.
  • Fidelity Investments fosters continuous upskilling to keep pace with emerging technologies in finance.

Why should I read this?

This article is your ticket to understanding how companies in India are mastering the art of balancing technological advancement with sustainability. With so much chatter about AI’s potential, it’s crucial to get the scoop on how organisations are tackling the challenges and seizing opportunities. Trust me, you’ll want to know how these innovations could shape the future of everything we touch.