Digitalisation is taking over the world. India doesn’t lag behind in terms of digitalisation and is gradually transitioning towards using such technologies. COVID-19 has further propelled India’s digital revolution with the majority of the users switching to digital means. IAMAI’s Kantar ICUBE 2020 Report confirms the rising digitalisation and its adoption in India. The report predicts that there will be 900 million active Internet users by 2025 as against 622 million in 2020. This means that India will be witnessing a stupendous growth of about 45% in the next 5 years.
What does this digital transformation mean for India? It is obvious that there is going to be a paradigm shift in the way we think, communicate, and function. As India looks to transform itself digitally, the role of Artificial Intelligence (AI) and Internet of Things (IoT) has become vital. The new technology can be used to further bolster India’s transition into a more digitally sound nation.
The catalyst for India’s journey towards digital inclusion
There have been instances where Artificial Intelligence was put into use to fast track digitisation. It has been a part of several governance schemes including Aadhar where citizens could create their unique digital identity thanks to Artificial Intelligence. The Digital India campaign was also focused on our nation’s journey into digital inclusion.
● Driving economic growth
The use of data analytics and Artificial Intelligence is paving a way for digitisation globally. Therefore, the adoption of the new technology is imperative for India’s economic growth. Cloud, IoT, big data, and analytics are the driving factors behind this growth that has ultimately supplemented the digital journey.
● The applications of IoT and Artificial IntelligenceConsidering its diverse applications in everyday life, the future of artificial intelligence certainly looks promising. Artificial Intelligence can be integrated into home appliances to enhance its efficiency and save time. It has also been involved in the creation of smart communities where residents get to experience a hassle-free life.
There have been talks about the internet of things and its effectiveness in the real world. Recent instances of increased usage of futuristic technologies like IoT and AI has proved it right. AI-based software offering financial advisory in BFSI, real-time detection of diseases in healthcare, prediction of climate conditions in agriculture are some of the prominent examples of the applications of IoT.
Various sectors like education, banking, agriculture, healthcare, insurance, and others have benefitted from the adoption of AI. Futuristic technologies are creating an impact on the world and India has the opportunity to use AI to its advantage. The nation only needs to tap into the actual potential of AI. As India works its way towards digital transformation, Tigon has decided to join its journey. Our idea is to back India’s digitisation goal by developing futuristic technology powered by AI and IoT. Become a part of this digital revolution by connecting with us on 1800 102 3271 or by emailing us at email@example.com.