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92 of businesses in India say local storage to ensure data safety : Cisco study ET Telecom

The Indian Perspective on Data Security

The Indian government has been actively working towards creating a robust data protection framework to safeguard the sensitive information of its citizens.

The Rise of Generative Artificial Intelligence in India

Generative artificial intelligence (GenAI) is transforming the way businesses operate in India. This technology has the potential to revolutionize various industries, including healthcare, finance, and customer service.

  • Improved Efficiency: GenAI can automate repetitive tasks, freeing up human resources for more strategic and creative work.
  • Enhanced Decision-Making: GenAI can analyze vast amounts of data, providing insights that humans may miss, and enabling businesses to make more informed decisions.
  • Personalized Experiences: GenAI can create personalized experiences for customers, improving engagement and loyalty.
    Overcoming Privacy Concerns
  • Stronger privacy regulations can make enterprises more comfortable in sharing their data in AI applications.

    70% of respondents reported experiencing difficulties in obtaining reliable information from AI applications. 70% of respondents also said they would be willing to pay a premium for AI applications with robust privacy features. 70% of respondents reported encountering AI-related frustration, which may be a sign of a deeper issue with trust in AI systems.

    Further details on this topic will be provided shortly.

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