Assuming that Artificial Intelligence will reach a hyper growth phrase in the next 3-4 of years, organizations have already begun to embrace AI in their various aspect of business and started acquainting new-age professionals with the latest AI developments.
According to CXOToday.com recently, IIIT-Hyderabad (III-H) announced a plan to equip 10, 000 industry professionals with expertise in Artificial Intelligence and Machine learning by 2021. The first cohort of its state-of-the-art AI/ML executive program has already attracted 400 participants from 127 leading technology companies and will be sent in Bangalore starting June 2018. The program is being organized and offered in collaboration with TalentSprint.
IIIT-H’s Kohli centre is the premise on which the AI/ML executive program has been designed. Kohli centre has developed into India’s premier research cluster for Artificial Intelligence and its exemplary research in language technology, computer vision, data sciences, robotics, cognitive sciences and machine learning is recognized by the researchers around the globe.
This executive program which comes with certain unique objectives, is led by Prof. P.J Narayanan and Prof. C.V Jawahar. To make India a global AI/ML hub, the program enables a rapid transfer of latest research insights to industry practitioners.
International Data Corporation (IDC) forecasts that global spending worldwide for cognitive computing, machine learning, and artificial intelligence will continue to see significant corporate investment over the next several years, achieving a compound annual growth rate (CAGR) of 54.4% through 2020 when revenues will be more than $46 billion. According to Gartner, AI will add 2.3 million jobs by 2020. However, the major question that lies in front of us is- Are we ready to adopt AI?
As per the liberal estimates by Tencent and Analytics India, there are approximately 3-4 million IT professionals in our country and only 1 percent is equipped with AI technology. India’s technical expertise gap needs urgent attention.
The CXOToday report highlighted the views of Dr. P.J. Narayanan, Director, IIIT-H who said that the complexity of AI/ML calls for a unique program design, so that it can be absorbed by technology professionals with conventional backgrounds. They are very delighted as well encouraged by the enthusiastic response from participants who are hailing the format, delivery, and effectiveness of the program as a game changer. Bangalore, the hotspot of disruptive technologies and exciting startups, will play a pivotal role in the overall success of this programs.
In order to maximize learning effectiveness, the program combines lectures with online and offline labs, experts mentoring, industry workshops and team hackathons. Also, the initiative is trying to bridge the gender gap in deep and disruptive technologies by giving a major impetus to working and returning women professionals by offering special scholarships.
