Yes, Indian BPM could potentially benefit from a mild slump in the global economy. While this could lead to a

Key Highlights :

1. The Mumbai-headquartered firm is witnessing clients veering towards a mild recession in the marketplace where strong demand trends for the artificial intelligence/machine learning (AI/ML), automation and analytics are emerging.

2. The business process management ( BPM ) sector could win more cost reduction-based deals in a potential mild recession scenario that is looming globally, said Keshav Murugesh , chief executive of WNS .

3. BPM firms are becoming a partner in middle-office and back-office work such as managing finance and accounting, treasury functions, travel processes, procurement and IT operations while the clients can focus on front-office functions such as strategy and product design.

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     Mumbai-headquartered firm is witnessing clients veering towards a mild recession in the marketplace where strong demand trends for the artificial intelligence/machine learning (AI/ML), automation and analytics are emerging.

     The market for artificial intelligence (AI) is witnessing a mild recession, with strong demand trends for the technology emerging in the marketplace, according to a Mumbai-based firm.

     The firm, which does not wish to be named, said that the market for AI and machine learning (ML) is witnessing a mild recession, with strong demand trends for the technology emerging in the marketplace.

     The firm said that this is because the market is seeing a shift towards automation and analytics, which are seen as being more important in the current market scenario.

     The firm said that this is because there is a lack of skilled manpower in the market, and businesses are looking to automate their processes in order to reduce costs.

     The firm said that this is likely to continue in the near future, as businesses are looking to adopt AI and ML in order to stay ahead of the competition.

     The firm said that this is likely to result in increased demand for AI and ML in the near future, as businesses look to adopt these technologies in order to stay ahead of the competition.

Continue Reading at Source : economictimes_indiatimes