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"Open source allows us to lower costs, accelerate delivery, and customise solutions to meet the market's fast-paced demands"

Open Source For You

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April 2024

Open source is crucial for cost reduction and accelerated delivery of tailored solutions to meet market demands. At OSI 2023, OSFY’s Yashasvini Razdan got a chance to speak to Dr Biswajit Mohapatra, Head, Customer Solutions at Amazon Web Services, who spoke about how open source empowered businesses with flexibility, experimentation, and agile methodologies for genuine customer satisfaction.

"Open source allows us to lower costs, accelerate delivery, and customise solutions to meet the market's fast-paced demands"

Q What AI/ML opportunity do you see in India?

A. According to India's NASSCOM report, the country's GDP is predicted to be US$ 5 trillion by 2025. The GDP from AI and data will be around US$ 500 billion, which means that almost 10% of this entire US$ 5 trillion GDP will come from AI and data. Around 45% of this 500 billion will be used by India's finance, retail and agriculture industries. AI/ ML is pervasive across every nook and cranny of India, from large banks and insurance companies to remote rural places. So that's the opportunity that India is offering.

Q. How has the adoption of open source technology grown across different industry sectors in India?

A. India is the fastest growing country in the world in terms of open source adoption. There is increased adoption of open source use cases across the fintech, insurance, healthcare, retail and agriculture industries. I would have expected the banking and telecom domains to have greater leverage of open source, but that's probably a little slower. However, other industries like media and entertainment have really picked up open source adoption.

Q. As a community leader, how do you encourage developers to adopt open source across businesses?

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Open Source For You

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