AI Spearheads Investment Talks: Strategic Innovation Driving IT Growth in India

Artificial Intelligence is central to investment discussions in business processes. SAP Labs India's expansion underscores India's key role in global tech innovation. AI is also driving productivity and strategic industry realignments. SAP's focus on talent and innovation echoes industry trends of automation and future skills development.

Artificial Intelligence (AI) has emerged as a pivotal focus in investment discussions across business process management and product arenas, according to Sindhu Gangadharan, managing director of SAP Labs India and chairperson of Nasscom.

In an interview with PTI, Gangadharan emphasized the strategic role of intelligent systems in business adaptability amidst changing tariffs. AI is now central to investments in various business sectors. SAP Labs has unveiled a massive new campus in Bengaluru, solidifying India's position as a global innovation hub for the company.

With 40% of SAP's global R&D resources based in India, the country plays a crucial role in developing innovations. Gangadharan highlighted AI's impact on productivity and customer outcomes. Although automation could lead to workforce changes, the focus is on reskilling and future skill development to adapt to industry shifts.

(With inputs from agencies.)