Telangana to host global AI summit; make Hyderabad Artificial Intelligence Hub

Hyderabad: Telangana is planning to host a global AI summit to make Hyderabad an Artificial Intelligence Hub.

Minister for IT & Industries, D Sridhar Babu said the government will invite top technology professionals from around the globe to participate in the summit. The goal is to generate AI beyond just Generic AI.

Minister D Sridhar Babu held an interaction session with IT associations and prominent personalities including Raghu Boddupally from Infosys, Arijit Sarker from Google, Murali Bukkapatnam from TIE, BVR Mohan Reddy from Cyient, Rajanna V from TCS, Sridhar Muppidi from Purple Talk and TVAGA, Amarnath Reddy Atmakuri - CRO Govt of Telangana, Prasanth Nanduri from HYSEA, and a few representatives from Nasscom, STPI, TVAGA at Infosys campus Gachibowli on Tuesday.

The Minister said the IT industry has steadily augmented and accelerated the growth of India. This industry absorbs a large pool of Indian skilled human resources, making the country a global IT hub.

“The IT industry has been instrumental in transforming the entire Indian economic and governance landscape. India's IT industry is gaining ground in new disruptive technologies and will play a leading role in the ongoing fourth industrial revolution globally. We aim to harness the potential of the IT industry in the future through strategic planning. Despite these hurdles, the industry is expected to maintain a healthy growth trajectory, driven by strong global client demand,” he said.

In 2023, the IT industry's key areas of expansion will revolve around digital transformation, cloud computing, cybersecurity, and artificial intelligence.

He said the growth of the IT industry in India in the last two decades has changed the perception of the whole world about India's storehouse of knowledge and skills and powered economic growth.

“The IT industry has been instrumental in transforming the entire Indian economic and governance landscape. India's IT industry is making strides in new disruptive technologies and will play a leading role in the ongoing fourth industrial revolution globally,” he said.

The Minister discussed emerging areas and opportunities in the next decade.

These include

Digital Transformation

Cybersecurity

AI and Machine Learning

5G Technology

Remote Work Technology

Sustainability and Green Tech

Road map for Telangana IT sector to be globally competitive:

Creating effective strategies to capture the future demand in the IT industry involves a comprehensive approach that considers various factors, including technology trends, talent development, infrastructure, and global competitiveness.

Here are several strategies a state can adopt to position itself for success in the evolving IT landscape:

Investment in Infrastructure

Skill Development Initiatives

Research and Development (R&D) Focus

Global Collaborations

Policy Reforms

Startup Ecosystem Enhancement

Cybersecurity Measures

Digital Transformation Initiatives

Promotion of Green Technologies

Talent Retention Strategies

Industry-Academia Collaboration

Brand Building and Marketing

Continuous Monitoring and Evaluation

Inclusive Growth in Rural Areas

Adaptation to Fourth Industrial Revolution (4IR)

In the next few years, the last year of a degree course will be treated as an R&D year, and the syllabus will be developed based on the latest technological advancements, skills, and knowledge. This will surely add value to our graduates, not just as job seekers but also as job creators.

Facilitate innovation and fortify an ecosystem that propels the development of next-generation products and novel business models. Extend the establishment of incubators to encompass even rural areas in Telangana.