Percentage Of Businesses Using Ai In 2024 In India

Percentage Of Businesses Using Ai In 2024 In India. Notably, the report indicates 63% of indian enterprises are proactively directing investments towards artificial intelligence (ai) and machine learning (ml) for the automation of their business processes in the upcoming 12 months, witnessing 85% growth in ai investments since last year. Software companies' sales and marketing budgets have shrunk from 41% of revenue in 2022 to 33% of revenue in 2024, while spending on r&d shrunk by just 3 percentage points declining from 21% to 18.

Over half of business owners use artificial intelligence for cybersecurity and fraud management. There has been a 122% increase in the.