Latest news with #SandipPatel
Time of India
5 days ago
- Business
- Time of India
IBM opens agentic AI innovation center in India
IBM opened its newest Agentic AI Innovation Center at its Bengaluru office. The Center fosters co-creation and offers clients hands-on experience working with autonomous AI agents. At the Center, clients and partners can build AI agents, fine-tune Small Language Models (SLMs) to power them, and audit the entire process—all within a matter of hours. Clients, partners and startups can explore AI agents on IBM's platform and solutions. At the heart of the Center and IBM's agentic AI strategy, is IBM watsonx Orchestrate, a single solution that helps companies build, deploy, and manage all of their AI agents and their assistants – and enable them to work across their existing technology stack. The Center will help clients, partners, and startups fast-track adoption of AI, foster co-innovation, and empower developers through hands-on learning and collaboration with IBM AI experts. Developer hangouts and AI Accelerator Days will be organized for an ongoing engagement with community to foster learning in the latest advancements in AI technology and deep engagement that leads to building tangible outcomes. Inaugurating the facility, Dinesh Nirmal, Senior Vice President, IBM Software said, 'We are entering a new era of AI—one defined by intelligent agents that don't just assist but act, adapt, and collaborate in real time. The IBM Agentic AI center brings this vision to life by urging local enterprises to evolve their AI strategy from reactive to proactive. It will empower clients and partners, to identify processes and workflows where AI will significantly boost productivity, elevate customer satisfaction, minimize downtime and enable users to focus on strategic tasks.' A recent survey by IBM, in collaboration with Oxford Economics, reveals that AI is now a key driver of financial performance. The study found that Indian business leaders are leading the charge globally in adopting AI across core business functions. Notably, 78% of Indian executives believe the greatest value of agentic AI lies in enhancing decision-making. Additionally, 78% of the Indian leaders are actively encouraging employees to experiment with agentic AI tools—underscoring a strong culture of innovation and forward-looking leadership. Sandip Patel, Managing Director, IBM India and South Asia added, "AI is no longer just the future—it is reshaping India today. To unlock its full potential and realize the vision of Viksit Bharat, Indian enterprises must deepen their understanding and focus on high-impact use cases. The rise of Agentic AI is accelerating innovation to meet evolving business needs. With its new Agentic AI Innovation Center, IBM will drive industry-wide collaboration, nurture homegrown innovation, and ensure scalable, real-world impact within a strong governance framework."
Entrepreneur
16-07-2025
- Business
- Entrepreneur
IBM Launches Agentic AI Innovation Center in Bengaluru to Advance Autonomous AI Development
Commenting on the launch, Sandip Patel, Managing Director, IBM India and South Asia, said the center aims to support the national agenda of digital transformation by promoting deeper understanding and implementation of high-impact AI use cases You're reading Entrepreneur India, an international franchise of Entrepreneur Media. IBM has launched its latest Agentic AI Innovation Center at its Bengaluru office, aiming to support the development and adoption of autonomous AI agents in India. The facility is designed to provide clients, partners, and startups with practical experience in building and deploying AI agents, including the fine-tuning of Small Language Models (SLMs). At the center, users will be able to experiment with IBM's AI platforms and tools, including watsonx Orchestrate—IBM's orchestration solution for managing AI agents across enterprise workflows. The initiative is part of IBM's broader push to support enterprise adoption of agentic AI, a model that allows AI systems to act independently, adapt to changing environments, and work collaboratively within existing business systems. The facility will also serve as a space for co-innovation and community engagement. IBM plans to host developer meetups, technical workshops, and "AI Accelerator Days" to encourage collaboration among developers, researchers, and industry professionals. "India's AI landscape is evolving rapidly. The goal now is to move from passive AI support to more proactive, intelligent systems," said Dinesh Nirmal, Senior Vice President, IBM Software, during the inauguration. He emphasized that the new center will help enterprises identify specific business functions where agentic AI can enhance productivity, reduce downtime, and improve decision-making. According to a joint survey conducted by IBM and Oxford Economics, India is at the forefront of AI adoption. The study noted that 78 per cent of Indian executives see decision-making as the top benefit of agentic AI. The same percentage of leaders also said they are encouraging employees to experiment with AI tools, suggesting a strong culture of innovation within Indian enterprises. Commenting on the launch, Sandip Patel, Managing Director, IBM India and South Asia, said the center aims to support the national agenda of digital transformation by promoting deeper understanding and implementation of high-impact AI use cases.
Time of India
19-06-2025
- Business
- Time of India
IBM study: Indian CEOs double down on AI investments to drive long-term innovation
74% of surveyed CEOs say more budget flexibility is needed to capitalize on digital opportunities that drive long-term growth and innovation64% of surveyed CEOs strongly agree that their organization is realizing value from GenAI investments beyond cost reduction A new global study by the IBM (NYSE: IBM ) Institute for Business Value suggests that surveyed Indian CEOs are open to investing in digital opportunities that drive long term growth and innovation but need more budget flexibility to do so. They also cite lack of expertise and knowledge as a top barrier to innovation in their organization. The study also points to Indian CEOs investing in AI with purpose and having clear metrics to measure innovation ROI. The annual IBM CEO study , which surveyed 2,000 CEOs globally, revealed that executive respondents expect the growth rate of AI investments to more than double in the next two years. In India, 51% of surveyed CEOs confirm they are actively adopting AI agents today and preparing to implement them at scale. According to the findings, in India 58% of surveyed CEOs identify integrated enterprise-wide data architecture as critical for cross-functional collaboration, and 71% view their organization's proprietary data as key to unlocking the value of generative AI . However, the research indicates organizations may be struggling to cultivate an effective data environment: 53% of respondents acknowledge that the pace of recent investments has left their organization with disconnected, piecemeal technology. 'Indian CEOs are at the forefront of a massive transformation fuelled by technological advancements like generative AI and Agentic AI. It is no longer if they should adopt AI but where it can deliver the strongest competitive edge, and accelerated growth,' said Sandip Patel, Managing Director, IBM India & South Asia. 'To lead in this era, CEOs must see disruption as opportunity, focusing on tangible business outcomes while navigating constant change. At IBM, we're helping Indian enterprises scale AI responsibly and drive seamless AI adoption for long-term growth,' he added. Highlights for India from the IBM CEO Study include: Less Than a Third of AI Initiatives Met ROI Expectations, But Indian CEOs Stay Committed Surveyed CEOs report that only 25% of AI initiatives have delivered expected ROI over the last few years, and only 15% have scaled enterprise wide. To accelerate progress, 62% of CEO respondents say their organization is leaning into AI use cases based on ROI, with 66% reporting that their organization has clear metrics to measure innovation ROI effectively.64% of CEO respondents say their organization is realizing value from generative AI investments beyond cost reduction.69% of CEOs surveyed acknowledge that the risk of falling behind drives investment in some technologies before they have a clear understanding of the value they bring to the organization, but only 39% say it's better to be 'fast and wrong' than 'right and slow' when it comes to technology adoption. 44% of surveyed CEOs admit their organization struggles to balance funding for existing operations and investment in innovation when unexpected change occurs, as 74% of say more budget flexibility is needed to capitalize on digital opportunities that drive long-term growth and 2027, 84% of surveyed CEOs expect their investments in scaled AI efficiency and cost savings to have returned a positive ROI, while 78% expect to see a positive return from their investments in scaled AI growth and expansion. Indian CEOs Prioritize Strategic Leadership and AI Talent to Unlock Future Growth 67% of CEO respondents say their organization's success is directly tied to maintaining a broad group of leaders with a deep understanding of strategy and the authority to make critical decisions.61% of CEOs surveyed say that differentiation depends on having the right expertise in the right positions with the right cite lack of clear innovation strategy, aversion to risk and disruption, and lack of expertise and knowledge as top barriers to innovation in their organization.68% of CEOs say their organization will use automation to address skill gaps.54% of CEO respondents say they are hiring for roles related to AI that did not exist a year ago.
Time of India
19-06-2025
- Entertainment
- Time of India
Jenn Osborne's 'Holy Ghost' explores the supernatural through redemption and truth
The makers of 'Holy Ghost' have unveiled the gripping trailer of Jenn Osborne's upcoming horror-mystery, and it promises more than just jump scares. Unlike typical ghost stories, "Holy Ghost" delves into themes of redemption, buried truths, and emotional reckoning. Set against an eerie backdrop, the film follows a deeply human journey wrapped in a chilling narrative. The trailer begins with eerie glimpses of a remote American town, accompanied by a chilling narration from Grace Brown-a young woman recently rescued from a kidnapper's farm. Her startling revelation that a long-deceased police officer was behind her rescue triggers a spine-tingling series of events. As Detective Madison Wells investigates, she's pulled into a world where the line between the living and the dead grows increasingly blurred. The trailer sets the tone for a gripping supernatural mystery. Jenn Osborne brings intensity to her role as Detective Wells, while Maya Adler's portrayal of Grace delivers emotional depth. Aaron Blomberg's haunting performance as the spectral officer adds an unsettling edge to the narrative, promising a ghost story layered with psychological and emotional complexity. Speaking about the film, producer Sandip Patel emphasized that "Holy Ghost" goes beyond a typical ghost story, exploring themes of redemption, truth, and the powerful grip of the past on the present. He noted that the trailer offers just a glimpse of the layered narrative that awaits audiences. Patel also shared that the film introduces a new style of horror-one that blends emotional depth with spine-chilling suspense. The upcoming horror thriller has been directed by 'Murshid' fame Shravan Tiwari. "Holy Ghost" is set to hit theatres across India on August 1, 2025, with distribution handled by Cinepolis India. Interestingly, NRI producer Sandip Patel, who is set to debut in Hollywood with "Holy Ghost," has already unveiled plans for its sequel, titled "Holy Father."
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Business Standard
18-06-2025
- Business
- Business Standard
Indian CEOs embrace AI for innovation but seek more flexibility: IBM
Indian CEOs are open to investing in digital opportunities that drive long-term growth and innovation but need more budget flexibility to do so, according to a new global study by the IBM Institute for Business Value. They also cite lack of expertise and knowledge as a top barrier to innovation within their organisations. The study highlights that Indian CEOs are approaching AI adoption with clear purpose and well-defined metrics to evaluate innovation return on investment (ROI). According to the findings, 58 per cent of Indian CEOs identified integrated, enterprise-wide data architecture as critical for cross-functional collaboration, while 71 per cent viewed their organisation's proprietary data as key to unlocking the value of generative AI. However, the research also indicates that many organisations may be struggling to cultivate an effective data environment: 53 per cent of respondents acknowledged that the pace of recent investments has left their organisation with disconnected, piecemeal technology. 'Indian CEOs are at the forefront of a massive transformation fuelled by technological advancements like generative AI and Agentic AI. It is no longer about if they should adopt AI but where it can deliver the strongest competitive edge and accelerated growth,' said Sandip Patel, managing director, IBM India & South Asia. 'To lead in this era, CEOs must see disruption as opportunity, focusing on tangible business outcomes while navigating constant change. At IBM, we're helping Indian enterprises scale AI responsibly and drive seamless AI adoption for long-term growth,' he added. The annual IBM CEO study, which surveyed 2,000 CEOs globally, revealed that executive respondents expect the growth rate of AI investments to more than double over the next two years. Highlights from the IBM CEO Study – India Insights: Less Than a Third of AI Initiatives Met ROI Expectations, But Indian CEOs Stay Committed Surveyed CEOs reported that only 25 per cent of AI initiatives have delivered expected ROI over the past few years, and only 15 per cent have scaled enterprise-wide. To accelerate progress, 62 per cent of respondents said their organisations are prioritising AI use cases based on ROI, with 66 per cent stating they have clear metrics to measure innovation ROI effectively. 64 per cent of CEOs said their organisations are realising value from generative AI investments beyond cost reduction. 69 per cent acknowledged that fear of falling behind drives investment in certain technologies, even before fully understanding the value they bring. However, only 39 per cent agreed it is better to be 'fast and wrong' than 'right and slow' when it comes to technology adoption. By 2027, 84 per cent of CEOs expect their investments in scaled AI efficiency and cost savings to yield positive ROI, while 78 per cent expect positive returns from scaled AI investments focused on growth and expansion.
