Business
Only 5 in 10 Indian brands adopted generative AI: Report
New Delhi, Nov 22
Only five in 10 Indian brands have adopted generative Artificial Intelligence (AI), compared to nine in ten employees claiming to have used generative AI in marketing campaigns, a new report said on Wednesday.
At work, about 94 per cent of Indian employees said they had already used generative AI in marketing and customer experience campaigns, with 52 per cent employing large language models and 50 per cent utilising text-to-image generators to create promotional brand materials and content, according to the software major Adobe.
However, only 47 per cent said the company they work for currently uses generative AI tools.
"Generative AI represents a transformative shift in how brands connect with consumers. It goes beyond mere automation and is the key to unleashing creativity, achieving hyper-personalisation, and productivity in marketing - a win-win for brands and their customers," said Anindita Veluri, Marketing Director, Adobe India.
Moreover, the report found that almost half (44 per cent) of Indian consumers said they are more likely to stay loyal to brands they trust, and 45 per cent are likely to spend more with them.
About 90 per cent of Indian consumers said they will decrease spending with brands that don’t keep their data safe, including 49 per cent that will refuse to spend at all.
An inaccessible experience that doesn’t support the needs of people with disabilities will also prompt 91 per cent to spend less, while 90 per cent will cut spending if a brand doesn’t comply with sustainability regulations and requirements, the report said.
“As employees start to bring their own generative AI tools to work, organisations need to be on the front foot with AI usage policies and monitoring,†said Duncan Egan, Vice President Digital Experience Marketing Asia Pacific and Japan, Adobe.
Nearly 58 per cent of Indian brands see data safety as important to attracting and retaining customers. For accessible and sustainable products and services, that number falls to 52 per cent and 41 per cent, respectively, the report noted.
54 minutes ago
Trump doubles down on CNN, MS NOW, Politico White House ban; alleges outlets “purposely write negative news” about his administration
55 minutes ago
Trump announces "Infinite Life" Greenland deal with Denmark; vows permanent US security control, expanded military presence
57 minutes ago
Trump renews $100,000 H-1B fee, targets layoffs
58 minutes ago
Trump signs law expanding sanctions against Russia
58 minutes ago
Trump says US secures Greenland security deal
59 minutes ago
Sundar Pichai, Elon Musk on guest list for Xi state dinner
1 hour ago
US touts $1 billion in UN cuts ahead of Trump’s General Assembly speech
1 hour ago
Trump to put Iran’s nuclear ambitions at centre of UN diplomacy
1 hour ago
Trump-Xi talks to focus on AI, trade, rare earths
1 hour ago
Uyghur group calls on Trump to raise issue of human rights abuses in Xinjiang during Xi’s US visit
1 hour ago
US: Christians hold prayers for persecuted churches, imprisoned pastors in China
1 hour ago
Creative economy emerges as India’s next growth frontier: MoS Murugan
1 hour ago
Piyush Goyal meets Canadian Minister Maninder Sidhu to seal trade pact soon
