In the fast world of tech, Indian companies are teaming up with two cool assistances and these are Generative AI and the Cloud. Recent studies show a surge in cloud technology adoption, with McKinsey reporting accelerated use during the COVID-19 pandemic. Looking ahead, Gartner predicts that 75% of organizations in India will embrace a digital transformation model with the cloud at its core by 2026.

It is not just a trend; but it is a smart plan too. Startups and fintech companies are at the front and a big survey says 90% of companies think using cloud tech is super important for growing and staying competitive.

Generative AI and the cloud are not just partners. They are catalysts for each other’s success. When Generative AI and the cloud work together, they do a great job spotting scams, protecting data and dealing with emergencies, especially in places like banks. The cloud provides handy tools, making it easy for companies to use Generative AI in their tasks.

Take the case of ‘OmniAI,’ a cloud-powered platform by a multinational financial services firm. This platform, operational since 2019, relies heavily on cloud flexibility to use AI on a large scale while maintaining top-notch security for sensitive data.

The relationship between Generative AI and the cloud is mutual. Gen AI helps the cloud work better, saves money and takes care of security automatically.

Consider India’s largest private sector bank partnering with Microsoft Azure. This partnership aims to use cool AI to study information and create a fresh, modern experience in banking. Generative AI can also predict changes in what people need from banks, helping to use the cloud better, so things work well and cost less.

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