From finance to healthcare, India is adopting automation at a global pace: ET-ILC members

As per a McKinsey report, automation is transforming economies and the workforce – in fact, 60% of all occupations have at least 30% of their activities that can be automated. And in addition to that there are jobs that are only possible with AI and ML because they’re beyond human capabilities. During the global Covid-19 pandemic, when medical research had to be accelerated or algorithms had to be tweaked remotely to carry out banking transactions, every industry has relied on automation. Data science platforms can analyze over trillion data points in real-time and provide actionable solutions – whether it is related to data management, predictive maintenance or building new products.