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Data and AI are the two centrepieces having the potential to address dual goals of economic and social value creation and recovery, helping India realise the vision for 2025. Countries that are actively promoting data utilization and AI are driving initiatives across these 5 building blocks – Strategy, Data, Technology Stack, Talent, and Execution.
NASSCOM recently launched a crucial report on “Unlocking Value from Data and AI – The India Opportunity”. The report highlights how harnessing the power of data and AI can help India in delivering economic value and realizing the vision of inclusive development, making increased adoption of data and AI services in India an imperative. This article focuses on identifying the fundamental blocks critical for promoting data utilization and AI adoption for realising India’s vision for 2025. Countries that are actively promoting data utilization and AI are driving initiatives across these 5 building blocks.
1. Strategy
2. Data
3. Technology Stack
4. Talent
5. Execution
It is critical that a coordinated action plan is designed across these 5 building blocks to help accelerate India’s journey towards its vision for 2025.
Learnings from global case studies: Case in Point – Singapore
Countries proactively leveraging data and AI have taken actions across the five building blocks. Let us take the example of Singapore.
Given India’s scale and complexity, the global learnings will require tweaks and tailoring to make them work in the India specific context. Refer my article on Community – by NASSCOM insights on the topic for more related work and download the full report on “Unlocking Value from Data and AI – The India Opportunity” for more details on each of the construct and other global case studies.
Image by Gerd Altmann from Pixabay