AI spending in India to grow 2.2x faster than digital tech in 3 yrs, generating USD 115 billion of economic impact: IDC

New Delhi [India], March 2 (ANI): Spending on Artificial Intelligence (AI) technologies will grow at 2.2x the rate of overall digital technology spending in the next three years, generating an India economic impact of over USD 115 billion by the end of 2027, according to a latest report by International Data Corporation (IDC).

IDC further predicts that by 2027, company executives would expect their GenAI projects to have at least a 70 per cent success rate in order to boost operational effectiveness and generate new income.