Cutting-edge technology known as artificial intelligence (AI) is becoming increasingly important in a variety of businesses.By automating processes, customizing client experiences, and streamlining operations, it has the potential to completely transform industries and increase company efficiency.The artificial intelligence (AI) sector in India is expanding quickly, with many businesses using AI technology for a range of purposes. It includes manufacturing, retail, and finance in addition to healthcare.Today in this ultimate guide to investing in AI stocks, we will talk about the tips to investing in AI stocks;
Ultimate guide to investing in AI stocks
Indian businesses are using artificial intelligence (AI) more and more as a tool to enhance business results. AI has a lot of potential to enhance people’s lives and productivity at work. It is applied in a variety of ways to alter corporate operations.
Future of AI stocks in india
India made significant investments in AI in 2018 totaling over US$ 665 million. By 2025, it is projected to have grown to US$ 11,781 million.AI development and adoption have significantly increased recently. According to a 2018 NITI Aayog research, AI could increase revenue by $957 billion by 2025
Top AI stocks to investing in india
Here are the top AI stocks to investing in india;
Affle india
Affle India Limited is a global technology business that was established in 1994. Its primary goal is to help advertisers find, engage, acquire, and drive potential consumers in order to turn their advertisements into recommendations.The enterprise and consumer platform segments comprise the company’s two business divisions.To produce digital content targeted at specific audiences, its enterprise platform provides a range of digital transformation services. Platforms like MAAS, RevX, Vizury, Appnext, and Jampp are among them.The company also offers comprehensive solutions, including app development and assistance for offline businesses to go online, to help businesses enhance their interactions with mobile users.Their consumer platform also uses targeted mobile advertising to increase conversions and provide suggestions. With its main office located in Mumbai, Affle India Limited provides services to over 20 nations.
Zensar technologies
Zensar Technologies Limited is a Pune-based company that offers technological services and digital solutions.The business is divided into five service segments: foundation, application, experience, data engineering & analytics, and advanced engineering services.Digital engineering, cloud strategy and operating model, cloud transformation and operations, etc. are some of the advanced engineering services offered.Automation, AI and ML, analytics and visualization, generative AI services, and more are all part of Zensar’s data engineering and analytics offerings.
Its foundation services also include digital operations, digital security, digital workplace, and digital infrastructure.In addition, it offers experience services, banking and finance services, medical and biological sciences services, telecom, manufacturing, high-tech engineering services, and consumer services.In addition, Zensar has established a goal to attain net zero greenhouse gas emissions by 2040 in order to further advance sustainability through the use of technology.
Persistent system
Persistent Systems Limited is an Indian technological services firm that was founded in 1990 and specializes in the development and upkeep of software goods and solutions.Cloud and infrastructure, CX transformation, data and analytics, application development and administration, intelligent automation, enterprise integration, software product engineering, corporate IT security, and consultancy are just a few of the services offered by the organization.Additionally, Persistent Systems Limited offers services to a range of industries, including telecom, media, healthcare, consumer tech, life sciences, software, insurance, banking, and financial services.Additionally, it provides Persistent.AI solutions, which aid clients in improving software development, cutting expenses, eliminating manual tasks, accelerating revenue growth, and enhancing client experiences. Persistent Intelligent IT Operations (PiOps), hybrid and multi-cloud transition, data center modernization, and cloud consultancy services are all included in its cloud and infrastructure division. With operations in the US, France, Singapore, South Africa, Australia, and Japan, Persistent Systems is global.
Bosch
Robert Bosch GmbH, a worldwide engineering and technology business based in Germany, is the parent company of Bosch Limited, a Bengaluru-based company.The company provides services and technologies in the areas of industrial technology, power tools for professionals, engineering and business solutions, mobility solutions, energy and building solutions, security solutions, etc. goods like diesel and gasoline fuel injection systems, automotive aftermarket items, industrial machinery, electrical power tools, security systems, and energy goods for consumers and businesses are all manufactured and sold by Bosch Limited. power tool and related item trading is the main emphasis of its consumer products division. Additionally, among other things, Bosch’s primary business activities include the supply, marketing, and distribution of car parts for auto repair and workshops. It has about 17 production facilities.
Oracle financial services software
Oracle Financial Services Software (OFSS) Limited is an IT firm that provides information technology services to the finance industry. Its headquarters are in Mumbai. Solutions include payments, risk and finance, human resource management, cloud infrastructure, data management, payments, AML and financial crime compliance, insurance, and client acquisition are offered by the organization.
Its Products division oversees the development of banking software and product-related tasks like improving and implementing banking operations.Oracle FLEXCUBE for Islamic Banking and Oracle FLEXCUBE Universal Banking are just a couple of the banking products that the company provides.
Things to check before investing in any IT stock
Here are the following things to consider before investing;
- Negative cash flow
- Debt to equity ratio
- Competition
- Company’s reputation in the market
- Past performances
