Artificial intelligence is the process of creating computer systems and programs that capture data in various forms, like text, videos, gestures, speech, and pictures, to identify them with the help of AI training data and respond as per machine learning algorithms.
We often integrate natural language processing, computer vision and deep learning with ai system to mimic human brain. Artificial intelligence is capable of handling complicated situations and making informed and better decisions than humans.
Artificial intelligence is revolutionizing different sectors of economy of developing nation like India. In India, we can hire offshore AI developers or recruit in-house AI developers to handle artificial intelligence projects.
Before choosing any company for AI development services for business, we need to seek help from AI consulting firms. They help us build cost-efficient plans and AI implementation strategies.
Artificial intelligence consulting faces many challenges in India. Let us understand major challenges of artificial intelligence consulting in India.
Why do we need AI consulting in India?
In developing countries in India, where entrepreneurs and start-up business owners fear adopting AI solutions in their businesses, it becomes difficult to ensure their sustainable business growth.
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To educate them about the possible application of artificial intelligence in business, they formulate cost-effective strategies for AI implementation. In this way, they try to solve unique business problems and address complicated business issues with robust, scalable, and secure AI-based solutions.
Certified AI professionals and consultants bring a wealth of experience, expertise, and proficiency in artificial intelligence, machine learning, natural language processing, computer vision, and neural networking.
They help us find business areas where we can utilize customized AI solutions for automating repetitive workflow in business, optimizing complicated business processes, improving the efficiency of operational work, and effectively maximizing business output costs. In this way, AI consultants help maximize AI investments and ROI.
Before selecting any AI consulting company, we must check the company’s experience, technical expertise in AI tools and frameworks, proficiency in machine learning or deep learning, and ability to think outside the box for cost-effective AI solutions.
We can search for Google business profiles of AI consulting firms, check their official websites, seek recommendations from their previous clients, or check the reviews or comments on social media profiles of AI consulting firms to evaluate the firms.
The selection of the right AI consulting firm enables business owners to build cost-effective AI strategies, develop AI-based solutions that can streamline business operations, and improve speed, accuracy, and efficiency at work that help achieve specific business goals.
Also Read: A Comprehensive Guide to Understand AI as a Service platform
#1. Lack of Professional Courses
Although there are many IIT’s and IIM’s in India where we can find CS branch students who pursue their career in artificial intelligence, deep learning or machine learning,. However, the number of students is dipping drastically.
The interest of Indians for engineering and medical courses has declined and they are interested in service-based, regular 9–6 jobs.
There are several government initiatives to draw interest of students for courses related to artificial intelligence but these are still ineffective because of the traditionally old education system in India.
#2. Lack of AI Infrastructure
Applications of Artificial intelligence is possible in nation that have high-speed internet or 5G connectivity, robust computational powers, high-quality ai training data, and advanced tools and platforms for building efficient ai models.
Organizations in India lack these resources, which is the main reason why we don’t see artificial intelligence in Indian businesses. There are only few companies that make use of artificial intelligence to reduce manual dependency in the production unit.
Related: Things to know about before selecting any AI as service provider
#3. Innovative Ideas Are Regarded as Risky Business
In this highly competitive business landscape where entrepreneurs or start-up business owners want to adopt latest and new technologies to bring revolution in their line of business, Indian entrepreneurs fear adopting these technologies for a variety of reasons.
First of all, investing in a nation that has inadequate resources and manpower can cause lots of problems. They fear of business failures, which is why they avoid taking risks.
#4. Limited Scope of AI Consulting
Although artificial intelligence finds application in almost every industry, the scope of ai consulting is limited. Customized AI solutions require building expensive AI infrastructure that requires lots of money and investments.
There is little awareness about the applications of AI in industries like finance, health care, education, and banking. The application of AI is limited to IT firms and tech industries, which is why demand for AI consulting in India is lower as compared with developed nations like the USA and Russia.
Related: Futuristic use of AI in various sectors
#5. Lack of global AI laws leads to fear of legal penalties
Data protection act and privacy laws are followed strictly in many nations. However, in some countries, these laws are flexible. That is why we see many marketing agencies seeking the data of their consumers and selling it for other purposes in India.
Since there are no strict laws for AI governance, it leaves entrepreneurs puzzled as to whether or not to adopt these cutting-edge technologies.
These AI solutions are developed using open source, which might become common for AI solutions in the same line of business. This might cause copyright infringement issues. Due to this anxiety, Indian businesses are not implementing AI.
Related: How to Maximize ROI with Customized AI products
Conclusion
AI consulting in India is essential for unlocking the true potential of artificial intelligence. The lack of specialized training in AI, professional courses, and general awareness about AI applications creates a hoax in Indian society that AI will take jobs and create unemployment in the country.
People fail to realize that traditional thinking opposes every technological advancement, but once they do, they drastically change and advance. We need to encourage entrepreneurs in India to start investing in artificial intelligence.
The government should take initiatives to drive AI adoption in various sectors of the economy. AI should be included in education system to ensure our coming generation have necessary knowledge skills and talent to get jobs in future.
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