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Deloitte launches AI incubator to nurture India’s tech sector

It is a significant step towards nurturing tech innovation and talent in India and enabling enterprises to achieve their business objectives.

Representative Image / Image: 1000logos.net

Deloitte has announced the launch of its global generative artificial intelligence (AI) market incubator that will promote innovation in generative AI and serve businesses in India and across the globe.

According to the firm, the incubator is a significant step towards nurturing tech innovation and talent in India and enabling enterprises to achieve their business objectives amid the current generative AI boom.

The incubator will leverage the in-depth sector knowledge and AI/ML expertise of the firm’s professionals, including data scientists and engineers. These professionals work through a multi-disciplinary model built on design thinking to ensure speed, faster time to market, and immediate value generation in critical projects.

Commemorating the launch, Nitin Mittal, Deloitte global consulting emerging markets leader, said, “Our focus is to harness generative AI’s disruptive potential in partnership with our key alliances by leveraging our targeted industry solutions that help clients realise sustainable business outcomes and achieve real transformations.”

The initiative, which aligns with the Indian government’s overall agenda of nurturing tech talent and AI-driven opportunities also presents the organisation’s focus and commitment towards investment in India to shape the future of technology.

“To catalyse the market, we are collaborating with premier academic institutions and industry bodies and rapidly scaling trained generative AI talent pool across skills. This will nurture local tech talent and provide them more opportunities to serve global clients from India on these fast-evolving technologies,” he added.

On the initiative, Sathish Gopalaiah, president of consulting at Deloitte India said, “We aim to resolve unique industry cases by providing the right strategy and drawing on the strengths of our collaboration with alliance partners. We officially launched the Gen AI practice in June this year. This launch shall further accelerate Gen AI deployments and bring global best practices.”

At present, Deloitte has active global engagements in the areas of drug discovery, customer experience, content generation, and personal avatars marking over 100 corporations in the past six months. These engagements demonstrate the increasing relevance of generative AI,  Deloitte said.

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