Indian Companies Are Investing in AI for the Long Term, Intend to Use Open-Source Tools to Drive ROI and Innovation: IBM Study

Bengaluru (Karnataka) [India], February 14: New research commissioned by IBM (NYSE: IBM) found that companies surveyed are investing in AI for the long term, with a growing interest in using open-source tools to drive ROI and innovation going forward.

The study of IT decision makers (ITDMs), conducted by Morning Consult and developed in collaboration with Lopez Research, revealed that 87% of Indian respondents report making significant progress in executing their 2024 AI strategy, with 76% already seeing positive ROI from their AI investments.