According to Kapil Joshi, deputy CEO of Quess IT Staffing, job portals at the moment record over 350 openings for AI management roles in India, with 10 particularly for the CAIO place.A examine carried out by Nasscom and BCG in February revealed that roughly 70% of know-how providers companies in India have already established such management roles.
Companies from numerous industries, together with Harman International, Blackrock India, American Express, Swarovski, Dolby Laboratories, Netcom Learning, IT providers companies, and even some Big Four consulting companies, are actively looking for to rent for quite a lot of AI management positions, reminiscent of AI director, AI head, vp or affiliate vp for AI, AI engineering head, and follow head of AI, in accordance to specialist staffing agency Xpheno quoted by ET.
In Demand: CAIO
On a world scale, companies like Accenture, SAP, Dell Technologies, and Deloitte have already appointed a chief AI officer. Srikanth Velamakanni, cofounder and CEO of AI firm Fractal Analytics, emphasised the significance of getting C-suite-stage AI management as AI turns into extra highly effective. This can be more and more turning into an expectation of boards, as AI is acknowledged not solely as an enabler but in addition as a possible disruptor to companies.
The precise rely of obtainable positions for Chief AI Officers might be better than reported. According to Joshi, “The true number (of openings for CAIO) is likely higher. Many companies might be filling these roles through internal hires or leveraging specialised recruitment channels.” He anticipates that some organizations will begin hiring for these AI management positions inside the upcoming quarter, with broader adoption occurring in the subsequent 12 months and a half.
Krishna Vij, enterprise head at Teamlease Digital, said, “As more companies mature in their AI adoption and the demand for AI talent grows, there will be a greater need for specialised leadership roles like CAIOs.” However, Vij famous that the place remains to be growing in India.
Sangeeta Gupta, senior vp and chief technique officer at Nasscom, emphasised the essential function of the CAIO in securing management help and main the planning and implementation of AI readiness all through the group. “As AI becomes integral to core business operations, organisations are recognizing the need for dedicated AI leadership positions.”
Gupta additional famous that with India’s AI market anticipated to develop at a compound annual progress price (CAGR) of 25-35% by means of 2027, the demand for such leaders will inevitably rise.
Mahesh Calavai, who was appointed as the chief digital and AI officer at TVS Motor Group in January 2022, shared that the firm started its digital and AI transformation journey at the moment. “We began recognising the growing significance of AI in reimagining business flows and models in the mobility industry. As AI becomes an integral part of our everyday lives, we see organisations across industries adopting it as a focus area with dedicated leaders to champion their AI strategies,” Calavai defined to ET.
Vij from Teamlease highlighted that past the chief AI officer, a spread of recent roles are rising in response to the rising AI panorama. These positions embody AI ethics specialists, AI governance coverage analysts, AI answer managers, AI studying architects, AI curriculum builders, chatbot builders, studying expertise designers, compliance specialists, provide chain optimisation specialists, and robotics engineers.
