Team siliconindia

• IIT Mandi held AiXcelerate 3.0, focusing on AI’s impact on business transformation and innovation.
• Industry experts and students explored AI applications in marketing, finance, HR, and strategic planning.
• Speakers stressed ethical AI use, transparency, and leadership in the evolving digital business landscape.

The Indian Institute of Technology (IIT) Mandi recently held the third edition of its annual management conclave, AiXcelerate 3.0, focusing on how Artificial Intelligence (AI) is reshaping business practices. The two-day event brought together industry experts, academicians, and students to discuss AI’s growing impact on various business functions. The conclave aimed to prepare future business leaders to thrive in a data driven world and foster innovation.

The event featured sessions on how AI is transforming key areas like marketing, finance, human resources, operations, and strategic planning. Students got a chance to interact with industry leaders and policymakers, gaining practical insights into AI applications in real world business scenarios. The conclave highlighted the importance of transparency, trust, and inclusivity as AI becomes more integrated into business strategies.

IIT Mandi welcomed 10 industry experts as speakers, including leaders from L’Oréal India, GE Healthcare, Salesforce, Nippon Life India, Starbucks India, and others. These experts discussed themes such as AI-driven strategic leadership, smart customer engagement, AI’s role in transforming banking and fintech, and the ethical use of AI to build trust. The conclave underlined the crucial role AI will play in shaping the future of business, urging leaders to adopt responsible and innovative AI practices.

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The event was praised by IIT Mandi’s director, Prof. Laxmidhar Behera, and School of Management chairperson, Prof. Anjan Kumar Swain, who emphasized the conclave’s success in driving progress and innovation in management education.