Aligning artificial intelligence, big data with business goals is the need of the hour for small businesses

Technology for MSMEs: In today’s world, technologies such as AI and big data have become quite ubiquitous. So much so that they are present and used unequivocally in our everyday lives. From ride-sharing apps, to voice searches on smartphones, AI service delivery is being used every day. Even from the perspective of the business landscape, India is making rapid strides in the SME and MSME sector with respect to the adoption of digital technologies. While on one hand, these technologies offer you a great promise, they also manage to raise apprehension at the same time and only the concerted efforts of key stakeholders can create a framework that will capitalise on the technology landscape and be able to derive maximum benefits in the most pragmatic manner.