Year: 2020

Covid-19 has posed major challenges for governments and businesses across the globe and technology is playing a major role in combating the crisis. Indian industry’s actions will be the key to revival as it explores new opportunities.   I think businesses are looking at driving innovation in their products and services because that’s undergoing a change. The needs of the end customers have also shifted. We have seen customers opening up to the technology.   Nearly 70 percent of business-to-business startups cite client payment delays as a major issue, with retail…

The Covid-19 crisis has taught India the importance of local manufacturing and supply chains. Now it is time to “be vocal about local”. It is the right time, if we can revive local industries, which is the need of the hour. The Government has taken care of the challenges faced by the MSMEs and will uplift small contractors, real estate sector.   There is a strong wave going on to Boycott Chinese products (Boycott Made-in-China or stop using and buying Chinese products) – a slogan used over Internet campaigns that advocates a complete boycott of Chinese-made products.   By seeing the…

The digital age has propelled the world into consuming electronics at an unprecedented scale. The arrival of Industry 4.0 to bring a deep impact in manufacturing. Technologies such as IIoT, big data and analytics, digital twin/thread, and the smart connected factory and supply chain are all elements of Industry 4.0 that are becoming ubiquitous in almost every manufacturing company.   Advancements in artificial intelligence (AI) technologies have induced tremendous growth in innovation and automation. At the same time, the third generation of AI, is bringing machine learning to drive threat…

When most people talk about remote working today, they are really talking about working from home. And of course, that is what many people are currently doing. What’s interesting is that, even before we entered the pandemic situation, Gartner research suggested that “By 2030, the demand for remote work will increase by 30% due to Generation Z fully entering the workforce.   However, the model needs to be flexible—the ability to “work from wherever,” rather than just home, is key. The challenge for CIOs is that most current workplace constructs…

The rise of streaming services, on-demand viewing and the battle for consumers’ attention are transforming the role of the video service provider before our eyes. Customers are expecting a simple, seamless and pleasant experience. These changes are already strongly impacting consumer-goods companies and their ecosystem partnerships. They are facing a major disruption in speed and scale that influence the further development of their operating models.   As the marketing budgets are under the fire in the wake of COVID-19 and companies are making bold changes to capture revenue quickly and…

India’s digital economy has the potential to reach $1 trillion by the year 2025. This highlights that 5G is going to be the potential enabler for the next wave of industry growth. Organizations are required to prepare their IT infrastructure and data management strategy for addressing the massive amount of data generated from the IoT devices.   The short-term challenge is about the increase of cybercrime which has risen to 600% with malicious emails amid Covid-19 and the crisis is moving the world toward increased technological innovation and online collaboration.…