- Monday, February 24, 2025
By: Shubham Ghosh
In a revelation that would make India’s artificial intelligence (AI) experts elated, companies in the South Asian country have now gone past those in the US and UK in making use of AI, a firm specialising in the field has said.
And this has happened despite American companies having a headstart over their Indian counterparts in terms of adopting AI.
In the report titled ‘Decision Intelligence Maturity Report’ released on October 4, AI company Peak, which focuses on whether companies in the US, UK, and India are ready to rely on AI for decision-making.
“Decision Intelligence (DI) is the application of AI to commercial decision-making,” a press note issued by Peak said.
It added that while the US was an early leader in the field with 28 per cent of businesses adopting the technology more than six years ago, compared to 25 per cent in India and 20 per cent in the UK, the South Asian country is now the “more mature market when it comes to leveraging AI, scoring 64 (of 100) on Peak’s Decision Intelligence maturity scale”.
The US scored 52 while the UK 44.
Peak was jointly founded in 2015 by Richard Potter and David Leitch in Manchester, along with Atul Sharma from Jaipur, India. It provides companies with a software platform they can make use of to make decisions based on AI on how to maximise profits.
“India has already overtaken the UK to become the fifth largest economy in the world, and there are clear signs that its growth won’t stop there,” Potter said in the release.
“The US and UK have lost ground in the global AI race too, with India claiming the top spot at a time when western countries are facing increasing geopolitical uncertainty,” he added.
The findings of the report are based on a survey that covered 3,000 “senior decision makers” employed by companies with at least 100 employees across the US, UK, and India. It was conducted by Opinium, a London-headquartered third-party market research agency, in July.
