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The Rise of the AI Product Manager

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  So, 2024 started in quite an exciting way, especially if we talk about the significant achievements in   Artificial intelligence (AI) . We saw how various AI models like Open AI’s   Sora ,   Neuralink   & Gen-AI bots drive transformative innovations across industries. However, within all these AI transformations happening around us, a new trend in product management has started to attract attention. Currently,   72% of business   leaders believe that AI applications will enhance their products & service quality to a great extent. As AI spreads through various industries, the need for an AI product manager becomes more crucial than ever.  So, who exactly is an AI product manager?  Well, we all know how traditional product management has been solely responsible for overseeing operations from development to successful delivery. However, the emergence of AI has added a new dimension to this role. Nowadays, It requires more than just pos...

5 Ways to Leverage AI in Business for Competitive Advantage

 The advent of advanced technologies, particularly artificial intelligence (AI), has revolutionized the way organizations operate. Businesses that can be considered early adopters of AI technology were able to access innovative solutions to streamline their processes, enhance their decision-making, and deliver superior customer experiences. In this sense, AI has emerged as a game-changer for enterprises seeking to leverage technology to gain a competitive advantage in their respective fields or industries. It’s not yet too late for other businesses to undergo  digital transformation  themselves and harness the power of AI-driven technologies. The costs of adopting AI solutions have plummeted in recent years, which means that organizations can unlock new opportunities for growth, innovation, and efficiency at much more accessible prices. In particular, businesses can make use of AI in the following ways to stay ahead of the curve in an ever-changing business environm...

Union Interim Budget 2024: How Will it Impact Businesses?

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  Our Hon’ble Finance Minister Nirmala Sitharaman presented India’s Interim Budget of 2024, outlining this year’s fiscal plans. This budget holds a crucial vision for technological development and business growth in India. And as a software development company, this is exactly what we are focusing on.   Many commended the budget, stating it outlines a clear path for a fully developed & economically strong India by 2047. As per the  IMF , India is likely to become the third-largest economy in 2027 (in USD at market exchange rate). As per reports, India’s contribution to global growth will rise by 200 basis points in 5 years.  Exciting, isn’t it?  Moreover, international agencies such as the  World Bank  & ADB, project India’s GDP to grow by 6.4% –  6.7%. (Respectively in 2024-25, as well).  According to the Finance Minister, the Indian economy has witnessed a profound positive transformation in the last few years. She adds, “ Cond...