IIMA opens ‘School of Artificial Intelligence’, releases 1st research

The Indian Institute of Management Ahmedabad (IIMA) inaugurated the Krishnamurthy Tandon School of Artificial Intelligence on its campus on March 26.

Chandrika Krishnamurthy Tandon, business leader, Grammy-Award Winning Musician, and alumna of IIMA’s PGP Class of 1975, inaugurated the AI school.

Tandon and her husband, Ranjan, have contributed ₹100 crore for the establishment of this school. 

The school aims to translate advances in artificial intelligence (AI) into practical tools and solutions that support better decision-making, improve productivity, and address complex challenges across industry, government, and society, IIMA said. 

Alongside, the school also released its first research report titled ‘Navigating the Future Trap with AI Value Compass’ in collaboration with Persistent Systems. The report is based on an analysis of approximately 100 enterprises and reveals that despite rising investments in AI, most businesses remain focused on local efficiency gains rather than strategic transformation. 

The study identifies critical gaps, including the absence of AI leadership, lack of strategic vision, poorly defined success metrics, and weak ownership and governance, all of which limit long-term value creation using AI.

To address this, the report introduces the AI Value Compass, a structured decision-making framework that helps leaders evaluate AI initiatives beyond technical feasibility and short-term returns.