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News on Medial
Best time to be in India for those in tech; we lead in AI talent: Nasscom chief Gangadharan
Economic Times
·
10m ago
Medial
India is leading the way in AI talent and domain skills, positioning itself strongly in the transformative era of Artificial Intelligence. According to Nasscom's new chairperson, Sindhu Gangadharan, India's technology sector is thriving, making it the best time to be in the country. Gangadharan emphasizes the importance of mental and social well-being in the workplace and addresses concerns about AI displacing jobs by stating that productivity gains will lead to further innovation. She also highlights India's prominence in the global tech landscape, particularly as the "GCC capital of the world." With over 1,200 Global Capability Centres in India and counting, the country's AI talent and skills are a significant strength. Collaboration between industry, academia, and the government will ensure solid skilling programs and training for future AI advancements.
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Nasscom appoints SAP Labs India MD Sindhu Gangadharan as chairperson
Economic Times
·
11m ago
Medial
Sindhu Gangadharan, the Managing Director of SAP Labs India, has been appointed as the new Chairperson of Nasscom. She will succeed Rajesh Nambiar, who has been named President-designate of the IT industry body. Gangadharan, along with Nambiar and the Nasscom Executive Council, will work towards establishing India as a leading technology ecosystem, focusing on areas such as AI, digital talent, innovation, policy development, and R&D capabilities. Gangadharan, the first woman to lead SAP Labs India, expressed her excitement at shaping India's future in the tech industry.
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Expect more tech adoption, strategic partnerships in 2025: NASSCOM Chairperson
YourStory
·
8m ago
Medial
The year 2025 is expected to bring increased technology adoption and strategic partnerships as businesses strive to stay relevant in a changing world, according to NASSCOM Chairperson Sindhu Gangadharan. She emphasized the need to view artificial intelligence (AI) as an enabler rather than a threat to jobs, highlighting its potential to amplify skills and boost productivity. Gangadharan stressed the importance of strong partnerships in driving significant changes and meeting challenges. Furthermore, she discussed the growth of AI in India and SAP's plans to invest and hire more talent in the country.
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NASSCOM onboards Sap Labs India MD Sindhu Gangadharan as Vice Chairperson
IndianStartupNews
·
1y ago
Medial
The National Association of Software and Service Companies (NASSCOM) has appointed Sindhu Gangadharan, Senior Vice President and Managing Director of SAP Labs India, as its Vice Chairperson. She also holds the position of Chairperson of the Nasscom GCC Council 2023-25. Gangadharan, known for her human-centric approach to technology, will contribute her extensive technology and corporate leadership experience to India's TechAde initiative. She is the first woman to lead SAP Labs India, the largest global R&D center for SAP, overseeing product development and innovation across multiple Indian centers.
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India-US ties strong; no way around leveraging tech prowess India offers: Nasscom chairperson
Economic Times
·
9m ago
Medial
India and the US are expected to maintain their strong ties in strategic areas of cooperation and technology, according to Sindhu Gangadharan, the new chairperson of IT industry association Nasscom. She expressed confidence in the continued cooperation between the two countries and emphasized India's tech prowess and the importance of leveraging it globally. Gangadharan also highlighted the growing number of Global Capability Centres (GCCs) being set up and expanded in India, reflecting the country's strong presence in the outsourcing industry.
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India's AI Market To Touch $17-Billion By 2027: Nasscom-BCG report
OutlookIndia
·
1y ago
Medial
India's AI market is expected to reach $17 billion by 2027, driven by factors like increasing enterprise tech spending and a growing AI talent base, according to a report by Nasscom and BCG. The global investments in AI have seen a 24% CAGR since 2019, with data analytics, GenAI, and ML algorithms and platforms being the majority of the investments. The report also highlights India's strong position in the AI talent market, with the second-highest installed talent base and three times more AI skilled talent compared to other countries. However, to accelerate AI growth, significant investments in AI skilling and ethical development practices are needed.
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Unavailability of deep tech talent may affect growth of Indian B2B SaaS firms: Report
Money Control
·
1y ago
Medial
A report by Nasscom and EY highlights that India's SaaS growth may be hindered by a shortage of deep tech talent in areas like AI and ML. The report states that specialized expertise is needed, but recruitment and retention are challenging due to high demand and limited supply. Around 80% of CXOs from leading SaaS firms expressed concerns about talent shortage affecting growth. This follows previous remarks by venture capital firm Accel about India's lacking ecosystem in deep tech.
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Elon Musk’s latest dust-up: What does ‘science’ even mean?
Livemint
·
1y ago
Medial
Elon Musk and the AI chief at Meta Platforms, Yann LeCun, engaged in a heated Twitter debate over differing views on the meaning of "science." Musk celebrated raising funds for his AI startup xAI, to which LeCun criticized Musk's claims and conspiracy theories. The exchange highlighted the ongoing tension between researchers and entrepreneurs in Silicon Valley. LeCun defended the importance of publishing research, while Musk emphasized the need for practical application. The debate reflects the battle for AI talent and the race among tech giants to lead in the AI field.
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OpenAI, Google, xAI Offer Up to $190 Million Salaries, Poker Games in AI Talent Battle
Business Bytes
·
2m ago
Medial
The ongoing battle for AI talent sees companies like OpenAI and Google offering lucrative salaries, with packages reaching up to $190 million, to attract top researchers and engineers. This competition reflects the high stakes and substantial investments being made in the artificial intelligence sector. Companies are keen to secure the best talent to lead innovations and maintain their competitive edge in AI advancements, highlighting the field's critical role in technological progress.
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India's 'AI for All' mantra backed by concrete action: Commerce and IT MoS Jitin Prasada
Economic Times
·
4m ago
Medial
India is championing its 'AI for All' vision through substantial efforts, leading in AI skill penetration and talent concentration, as highlighted by Union Minister Jitin Prasada. He emphasized the importance of research and development to harness India's global skill leadership. Addressing the Nasscom Global Confluence 2025, Prasada noted India's readiness to be a strategic technology partner internationally. The Indian IT sector, with $254 billion in revenue, exemplifies this innovation and resilience, positioning India as a global tech leader.
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Microsoft CEO Nadella on AI LLM race: 'We are waiting for competition to arrive'
Startup News FYI
·
1y ago
Medial
Microsoft CEO, Satya Nadella, declared at an event in Mumbai that Microsoft has the best AI model currently available and even GPT4, the highly anticipated AI model, would be surpassed by Microsoft's offering. He urged businesses to embrace AI and not fall behind, highlighting India as a growing talent base for AI developers. Nadella's remarks reflect Microsoft's confidence in their AI capabilities as they continue to invest and lead in the AI space.
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