{"id":844844,"date":"2024-08-16T09:48:37","date_gmt":"2024-08-16T04:18:37","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=844844"},"modified":"2024-08-16T09:48:37","modified_gmt":"2024-08-16T04:18:37","slug":"majority-of-big-enterprises-plan-to-enhance-spending-on-ai-machine-learning-by-10-30-this-year","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/16\/majority-of-big-enterprises-plan-to-enhance-spending-on-ai-machine-learning-by-10-30-this-year\/","title":{"rendered":"Majority of big enterprises plan to enhance spending on AI, machine learning by 10-30% this year"},"content":{"rendered":"<p>Majority of leading business houses in India, with annual turnover of over Rs 5,000 crore, are planning to increase their investment in artificial intelligence and machine learning technology by 10-30 per cent in 2024, a survey by CIO&amp;Leader said on Thursday. The 2nd Annual CIO&amp;Leader State of Enterprise Technology (SET) Survey, conducted in partnership with research firm BM Nxt claims to have covered over 350 chief information officers and IT decision-makers found that 78 per cent of respondents want to invest in AI and ML to improve customer experience and engagement.<\/p>\n<p>&#8220;With 76 per cent of organizations planning to invest more in AI\/ML projects, the survey underscores the growing recognition of these technologies as pivotal drivers of competitive advantage and operational excellence,&#8221; the survey said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Majority of leading business houses in India, with annual turnover of over Rs 5,000 crore, are planning to increase their investment in artificial intelligence and machine learning technology by 10-30 per cent in 2024, a survey by CIO&amp;Leader said on Thursday. The 2nd Annual CIO&amp;Leader State of Enterprise Technology (SET) Survey, conducted in partnership with research firm BM Nxt claims to have covered over 350 chief information officers and IT decision-makers found that 78 per cent of respondents want to invest in AI and ML to improve customer experience and engagement. &#8220;With 76 per cent of organizations planning to invest [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-844844","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/844844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=844844"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/844844\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=844844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=844844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=844844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}