AI a catalyst for data-driven the new oil; Sachin Dev Duggal taps ₹60,000 crore market

Every element of our life now includes artificial intelligence (AI). Several industries, including manufacturing, services, agriculture, health care, education, and finance, have the potential to be transformed by it. Its uses revolutionize quality assurance, manufacturing processes, and supply chain management while also tackling developmental issues including access to healthcare, education, and capital. Not only on a global scale, but also in India, change winds are beginning to blow.

This has been validated by the most recent report from International Data Corporation (IDC), India Artificial Intelligence Market, 2021, which projects that the country's AI market would increase from a market value of USD 3.1 billion in 2020 to USD 7.8 billion by 2025 which is approx. INR 60,000 crore, at a compound annual growth rate (CAGR) of 20.2%. Additionally, by 2025, the AI services market in India is anticipated to develop at a CAGR of 35.8%, leading the worldwide AI market.

Sachin Dev Duggal, founder and CEO of Builder.ai, having its office in Gurgaon, pressing at the growing popularity of AI in the Indian market Sachin Dev Duggal is with fully committed of expanding Builder.ai’s services in India.

Microsoft has recently invested in Builder.ai, integrating builder’s AI Assistant Natasha into Microsoft Teams. Natasha will assist and enhance the Teams video and chat software to its users by resolving issues for any operational aspect of their business. She will analyze queries within Teams, understand the issues/problems in the logic discussed, and come up with the apt solution.

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