Ending Soon! Save 33% on All Access

'India is Well-Poised As Significant And Valuable Partner in the AI Ecosystem' The impact of Generative AI will be significant, and can lead to improved customer experience, increased market share, revenue growth, supply chain resiliency, operational efficiency, and achievable sustainability goals, says Brijesh Singh, Senior Vice President and Global Artificial Intelligence (AI) Head, Wipro Limited in an exclusive interview with Entrepreneur India. Edited Excerpts.

By Priya Kapoor

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Brijesh Singh, Senior Vice President and Global Artificial Intelligence (AI) Head, Wipro Limited

What key trends in AI are emerging across the globe?

The biggest development is that we are now at an inflection point, with AI shifting from the age of adoption to the age of value. The technology is maturing, businesses are invested and learning more about where and how to leverage AI and what works for them and what doesn't. Now comes the pursuit of value, which will be found from efficiencies created, savings realized, increased productivity, as well as monetization and creation of new revenue streams.

Another aspect of reaching maturity and usefulness comes from the interplay between the analysis, predictions, and insights garnered through Traditional AI and the productivity, efficiency, and creativity that Generative AI brings into the mix. This opens the aperture, expanding possibilities and possible use cases, from fueling and funding other transformations, to targeting investments, or gaining/maintaining competitiveness, or even more fully implementing AI across the enterprise.

Where does India stand, compared to the US & China in the AI ecosystem?

India is well-poised as a significant and valuable partner in the AI ecosystem. India has a long-term, strong STEM foundation, and a talent pool that has matured significantly over the last three decades. In turn this strong foundation has provided engagements across the globe, and servicing those engagements creates more knowledge and understanding for the talent pool. Additionally, the government has funded the creation of many STEM-focused colleges and universities, consistently refreshing and expanding that talent pool.

Another strength comes from the recent "Innovation Handshake" event that took place between the US and India. Along with several US-tech leaders, a commitment was made to ensure continued innovation supporting future security and prosperity, via a focus on technology and talent.

What are some of the biggest challenges that the AI industry is facing today, and how's Wipro working to address them?

AI doesn't come without risk and challenges. The technological innovation is fast moving, hard to keep up with, and only getting more complicated. The constant updates and upgrades, both for the technology itself and the upskilling and training of talent, is expensive and time-consuming for companies. These dynamic changes also make it hard for AI professionals to stay current. Crowded and confused landscape is also rapidly evolving, with a lot of existing players and new entrants emerging every day. The AI-driven future will also require us to rethink how we train, deploy and develop talent.

Investment is a ubiquitous challenge, but today's economic environment and AI requirements heighten this obstacle. First, an uncertain economic environment is creating an increased level of caution in investments. And while commitment to AI remains high, my second point is the dependent spend connected to AI. For example, many companies will need to establish or upgrade their data foundation – migrating, modernizing, unifying.

As we navigate these challenges and uncertainties, one thing we always advise clients on—and adopt in our own business—is to not lose sight of the long game.

How does Wipro help businesses and organizations leverage AI technology?

For starters, we practice what we preach. Our years-long focus and investment in AI has allowed us to be an early adopter, and through the lessons we learn, we help clients do it better. In addition to saving them mistakes, it helps save time & money for our clients. We also employ pilots and other testing to help minimize risk while implementing AI initiatives. Then scaling is faster and smarter. Our domain focus provides deeper understanding so we can address specific challenges and needs. This understanding also informs the solutions we develop.

What do you have in mind regarding Wipro's ai360?

The impact of Generative AI will be significant. It can lead to improved customer experience, increased market share, revenue growth, supply chain resiliency, operational efficiency, and achievable sustainability goals. This opportunity is the genesis of Wipro ai360. Wipro ai360 brings together our full set of AI capabilities, talent and technology, from across our four global business lines.

How do you plan to accelerate AI adoption across Wipro's portfolio?

We are working to infuse AI into every part of our ecosystem – every platform, every tool, every solution and across business functions, processes and practices – to build AI-first, intelligent enterprises. With platform-agnostic capabilities and frameworks and the world-class expertise of our global partner network, we enable new levels of agility, knowledge, execution and outcomes.

Our plan to invest $1 billion in AI over the next 3 years will transform both our own business, and our offering for clients through the combined forces of all Wipro business lines – Cloud, Engineering, Consulting and Enterprise. We also aim to expand and build upon existing AI solutions, assets, accelerators, tools, etc., through the investment. Overall, Wipro's extensive expertise, comprehensive solutions, commitment to responsible AI, global presence, will allow us to help accelerate the Generative Enterprise journey.

There is much talk about Responsible AI. Your thoughts on it.

No reward comes without risk. At Wipro, we believe that businesses are accountable for the products and solutions they put into the market, the systems they use and the due diligence they apply. That's why we have responsible AI at the heart of how we work and what we do through 4 core dimensions:

  • Individual: Ensuring data privacy, responsible data handling and safeguarding of protected and copyrighted information.
  • Social: Bringing transparency – so we know where data comes from, quality of the data and most importantly making sure data is free of bias and prejudice.
  • Technical: Embedded security from the onset through strong protections and governance.
  • Environmental: Both employing measures to minimize environmental impact (synthetic data, use of the cloud) and using AI to help fight climate change.
Priya Kapoor

Former Feature Editor

Priya holds more than a decade of experience in journalism. She has worked on various beats and was chosen as a Road Safety Fellow in 2018, wherein she produced many in-depth & insightful features on road crashes in India. She writes on startups, personal finance and Web3. Outside of work, she likes gardening, driving and reading. 

 

 

 

Side Hustle

The Side Hustle He Started at Age 15 Led to a $4 Billion Boon for Small Businesses: 'They Would Take a Chance on Me With Their Hard-Earned Money'

Nic Beique asked his local barber, gym and more if they'd like him to build a website for their businesses.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Employee Experience & Recruiting

Beyond the Great Resignation — How to Attract Freelancers and Independent Talent Back to Traditional Work

Discussing the recent workplace exit of employees in search of more meaningful work and ways companies can attract that talent back.

Franchise

What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.