Agentic AI, the next phase in AI evolution, is set to transform the financial services industry with autonomous, conversational agents capable of intelligent decision-making and workflow automation. Leading banks like HDFC, SBI, and Wells Fargo are exploring its potential across operations—from customer service and risk management to personal finance and...
Automation Anywhere is set to release an advanced AI model later this year, aimed at enabling over 50% of enterprise operations to function autonomously, surpassing the current 40% threshold. Indian enterprises, including Tata Sky, Indian Oil, and Adani Group, are already leveraging AI to optimize operations. Automation Anywhere is pioneering...
Automation is revolutionizing farming, transforming it from traditional practices to a tech-driven powerhouse. As global pressures like rising costs, labor shortages, and climate change intensify, farmers are turning to advanced technologies—such as AI, robotics, and IoT—to maintain productivity and profitability. This shift towards automation is not just a trend; it’s...
Automation in agriculture is rapidly emerging as a crucial solution to the challenges of feeding a growing global population. With over 7.7 billion people to sustain, the demand for food is soaring, placing immense pressure on traditional farming methods. At the same time, farmers face labor shortages, climate change, and...
Supervisory Control and Data Acquisition or SCADA has completely transformed how industrial processes and vital infrastructure systems are monitored and managed. In many industries, including manufacturing, energy, transportation, and water treatment, SCADA systems are essential and real-time visibility into the operation of the smart grid is provided through it. Data...
The future of business is undoubtedly looking bright for the industry, and cloud accounting is already the standard practice for many enterprises. Even though it might not completely replace all current accounting procedures, it will probably take on more significance with time. IBT spoke with Mr. Ritesh Kumar, co-founder and...
India’s renewable energy sector, ranked fourth globally, can greatly benefit from artificial intelligence (AI) adoption. With the fastest growth in renewable electricity and the potential to double capacity additions by 2026, AI’s transformative power enhances accessibility and affordability in clean energy. IBT looks at the potential upsides and current teething...
Global manufacturers are investing heavily on technological upgradation not just for smoother transactions, but to gain a healthier return on investments (RoI). Manufacturers, around the world, are investing on process automation, cloud/software as a service (SaaS), industrial internet of things (IIoT)/internet of things (IoT),machine integration and machine learning/artificial intelligence. So,...
The services sector has been India’s mainstay for over three decades post the economic liberalisation in 1991, when it comes to both GVA contribution and trade. However, with the rise of digitisation and automation, accelerated by the COVID-19 pandemic, India will have to evolve its strategic approach towards services in...
Given the evolutionary nature of 5G networks, India needs to ensure rapid rollout of the technology to avoid being caught on the wrong end of the digital divide. But is India truly ready? Sanjeev Nikore, Former President, Strategic Initiatives at Tech Mahindra & CEO, Strategies2Scale and Mitali Nikore, Founder Nikore...
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