The Indian market is slowly leaning towards adapting to the new cutting-edge IT solutions as well as technologies such as artificial intelligence and machine learning. Such applications find many fields in which they can be used, such as the fields of camera vision, facial recognition, and object identification, along with the use of recent trends and the behavioural patterns, these will find their way in the long run.
Indian market’s trends for IT adaptation in the enterprise sector is quite unclear. Let us see some of the observations that have been made:
There has been a tremendous adoption of IT in the enterprise sector over the past couple of years. It has been led primarily by a mobile-first strategy. India had a lot to catch up to in the past two decades as compared to the Western economies, where IT solutions like ERP, SCM were implemented on a large scale.
With the introduction of smartphones and the web, this has significantly changed. The rapid use of smartphones triggered the adoption of IT solutions in the enterprise sector. Initially, the entire customer0base was outside India, but, with the recent trends, we now have a 50-50 mix of foreign and Indian customers.
What is the effect of automation on the Indian market? We do not know how beneficial automation is, let us see the pros and cons of automation:
The continuous and rigorous push from the CIO’s of the big Indian enterprises for automation has created a demand and is quite beneficial to the enterprise sector. The primary drivers of automation are the larger economies of the world. However, Indian companies are bending towards the productivity, efficiency, and customer experience that can be achieved with the help of automation. The market trends show that the adoption of automation is in areas where employee efficiency and productivity can be substantially increased. The initial goal of automation in India is to launch a proof of concept which helps in showcasing the potential ROI and creates a sense of confidence among the customers.
So, we are quite unsure about the data protection bill, here’s all you need to know about the data protection bill:
With India rapidly evolving into a digital economy, the data protection bill will allow the rightful possession and processing of data. It is an excellent way to call out the data protection obligation while also learning from the global privacy regimes. It can also help in providing solutions to a few issues and laying down provisions for improved transparency and hold data organizations accountable for any actions in the future.
There are many initiatives undertaken by the Government of India concerning the Digital India mission. Members of the senior management team have been speaking at forums like the FICCI and CCI to provide insights into the industries of the current digital market scenario. They have been actively participating in technology showcases to contribute to the digital transformation. India is slowly becoming completely digitized.