Quote on AI Appreciation Day 2024- Ram Meenakshisundaram, Chief Technology Officer, Virtusa Corporation
“On AI Appreciation Day, we at Virtusa celebrate the profound impact of artificial intelligence in revolutionizing industries and driving innovation. With India’s AI market projected to reach $17 billion by 2027, growing at a CAGR of 25-35% between 2024 and 2027, AI is a cornerstone of our nation’s technological advancement. Strong government support through the India AI Mission, coupled with substantial funding and a focus on developing AI infrastructure and workforce skills, underpins this growth. Enhanced IT infrastructure and continuous technological advancements enable AI’s widespread adoption across sectors. At Virtusa, our Engineering First approach means thinking about opportunities for AI throughout the lifecycle of any project, fostering a culture of continuous learning and ethical AI practices. We believe AI is not just a technological advancement but a catalyst for unlocking human potential and redefining the future of business, creating lasting positive impacts for our clients and communities.