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Top 10 AI Companies in India in 2024

Last Updated : 17 Jan, 2024
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Artificial Intelligence companies are the type of companies that focus on integrating artificial intelligence solutions to help other companies improve and remain in the tech industry. These AI companies provide services that range from natural language processing (NLP), data science, machine learning, algorithms, chatbot development, and many more. Therefore, artificial intelligence companies mainly prioritize bringing together disparate data resources into unified data warehouses. This type of consolidation of the data facilitates detailed analysis and empowers the software engineers to make data-driven decisions easily.

Top AI Company in India copy

Thus, AI nowadays is particularly used in the AI industry to workforce the planning of product design, improve the efficiency and product design, and look after the privacy and security of the employees. Therefore, in this article, a detailed overview has been provided of artificial intelligence and the top artificial intelligence companies.

What is AI?

AI is abbreviated as Artificial Intelligence which has the ability, where the digital computers control the robot to perform various types of tasks. In simple words, the Artificial Intelligence of machines or software is opposed to the intelligence of human beings. Thus, it is the science of creating machines that can think like human beings and complete complex tasks within minutes or seconds. Artificial intelligence technologies make it possible for machines to learn from new experiences and to adjust to new inputs and can also perform tasks similar to humans.

Top 10 AI Companies in India

There are multiple artificial intelligence companies that are available and these companies help to provide artificial intelligence solutions to help individuals and businesses. Some of the top AI companies are mentioned below:

1. Persistent System

Persistent System is a multinational software development company whose headquarters are located in New York City since 2007. The company provides multiple services which include data and analytics, cloud and infrastructure, data and product engineering, intelligent automation, and client experience transformation. They also provide services in multiple sectors which include financial services, healthcare, insurance, banking, media, software, and so on. This company mainly focuses more on artificial intelligence, the Internet of Things, and cloud security as the growth slowed down in the past traditional software services.

Some of the AI projects of Persistent System are mentioned below:

  • Smart Assistant- Smart assistant helps in improving productivity by implementing the context-driven personalized assistant with self-service automation.
  • Natural language processing- NLP fuels up business decisions by unearthing actionable insights.
  • Chatbots- The chatbots in the persistent system help to improve productivity and automate the client’s journey by providing 24/7 client support.
     
Factors Details
CEO Sandeep Kalra
Revenue ( till March 2023) 2.41 TCr
Total offices 59 offices
No. of employees More than 22,800+
Founded in 1990

2. Zensar Technologies

Zensar Technologies is one of the leading technologies that has headquarters in Pune, India, and the company builds and manages digital products for the Forbes Global 2000 clients across the banking, financial, insurance, and high-tech engineering services. Zensar consists of a huge ecosystem of 60+ technology partners which includes Salesforce, SAP, Oracle, and many more.

Factors Details
CEO Manish Tandon
Revenue ( till March 2023) 1.24TCr
Total offices 33 offices
No. of employees 10,500+
Founded in 2001

3. Bosch

Bosch is another AI company which offers innovative solutions for smart homes, industry 4.0, and connected mobility. Bosch company also works in the health technology sector and it has developed the catalytic as it has a solution for molecular laboratory diagnostics. These types of technologies can be used for the procedures including the endpoint PCR. It can also be used for the diagnostics and screenings of viruses.

Factors Details
CEO Stefan Hartung
Revenue ( till 2021) Euros 78.74 billion
Total offices More than 400 location
No. of employees More than 421,338
Founded in 1886

4. Kellton

Kellton Tech is an IT and digital technology consulting company that delivers innovative Digital and IoT solutions. The company provides end-to-end digital solutions to hundreds of clients all over the world. The main objective of the company is to deliver personalized value-driven solutions to help the enterprise achieve unprecedented performance and to provide customer delight.

Factors Details
CEO Karanjit Singh
Revenue ( till March 2023) 240.58Cr
Total offices Office present in 13 locations
No. of employees 5000+
Founded in 2009

5. Saksoft

Saksoft is one of the information technology companies that provides digital transformation solutions to multiple industries such as financial services, healthcare, banking, and many more. The company provides technology services to companies in the industry verticals of Logistics, Fintech, Healthcare, and Transportation.

Factors Details
CEO Aditya Krishna
Revenue ( till Sept 2023) 190.41Cr
Total offices Offices in 14 locations
No. of employees More than 5000 employees
Founded in 1999

6. Fractal Analytics

Fractal Analytics company provides analytical solutions for consumer-facing companies that have a high volume of transactions to solve the problems that are centered in the following two areas. The first area is where they need to understand the consumers drive loyalty and engagement and secondly, the company helps businesses to operate more efficiently by institutionalizing the data-informed decisions.

Factors Details
CEO Pranay Agrawal
Revenue ( till March 2023) 1985.4Cr
Total offices Offices across 15 locations
No. of employees 4000+ employees
Founded in 2000

7. Cyient Ltd

Cyient Ltd is a multinational company that is focused on data analytics, networks, operations, and engineering manufacturing. The company mainly offers engineering design manufacturing support to aftermarket services with the expertise to help the client to design and build good products. This company also helps in combining engineering expertise with digital capabilities which includes artificial intelligence, IoT, and machine learning.

Factors Details
CEO Karthikeyan Natarajan
Revenue ( till Sept 2023) 1.78TCr
Total offices 62 Locations
No. of employees 14,000 employees
Founded in 1991

8. Infosys

Infosys is one of the top IT companies due to its global presence as this company provides multiple services which include system integration, application development, cloud services, IT consulting and data analytics. The company Infosys has its expertise in various sectors such as retail, financial services, manufacturing energy, and healthcare. The company works on different services, it helps in innovation to help the clients with digital transformation.

Factors Details
CEO Salil Parekh
Revenue ( till March 2023) 471.8Cr
Total offices 247 office locations
No. of employees Around 335, 186 employees
Founded in 1981

9. Haptik

Haptik is one of the emerging Information technology companies that enables enterprises to develop conversational artificial intelligence systems that further allow users to converse with applications and electronic services in natural language, free format. The company mainly helps brands to engage, convert, and acquire users with AI-driven personalization across 20 channels.

Factors Details
CEO Aakrit Vaish
Revenue ( till March 2023) $100 million
Total offices Office at 7 locations
No. of employees 350 +employees
Founded in 2013

10. Arya.ai

Arya.ai is an IT company that offers an “Autonomous AI’ product stack for financial institutions to automate and augment core business tasks by using technologies such as Deep learning. Therefore, the company offers an end-to-end autonomous AI product stack for the financial institution to automate the core processes by using deep learning.

Factors Details
CEO Vinay Kumar Sankarapu
Revenue ( till March 2023) $ 6 million
Headquarters Mumbai
No. of employees 11- 50 employees
Founded in 2013

Conclusion

Artificial Intelligence is one of the most demanding technologies in the recent past due to its evolving features in multiple fields, mainly in the tech industries. Various companies are adapting Artificial intelligence in their businesses to provide better software products, 24/7 customer support, and increasing the efficiency of the businesses. Artificial intelligence companies help in developing AI solutions for the healthcare, financial, and other sectors. Therefore, in this article, detailed knowledge has been provided about the top 10 AI companies with their services and other detailed information about the companies.

FAQs

What is Artificial Intelligence?

Artificial Intelligence is one of the branches of computer science which is mainly concerned with creating machines which are capable of performing tasks which need human intelligence. Some of the AI tools are – ChatGPT, Google Bard.

What is the use of AI companies?

The Artificial intelligence companies are used to provide artificial solutions to the individuals and their businesses. These companies are also used to provide multiple other services such as NLP, data science, machine learning and many more.

Name some of the top AI companies.

Some of the top Artificial intelligence companies are- Persistent System, Infosys, Haptik, Arya.ai, Cyient Ltd, Fractal Analytics, Saksoft, Kellton, Zensar Technologies and Bosch.



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