A significant number of global enterprises across industries are raising their stakes on emerging technologies, keeping in mind the two critical pillars of growth - increased productivity and a sustainable bottom-line. In the last year or so, we saw many enterprises swinging towards a technology-led mindset from a technology- driven mindset. India was no different compared to their global counterparts.
A recent industry research - jointly conducted by Everest Research and NASSCOM indicated how homegrown traditional IT services enterprises are transforming from their legacy model by increasing their spend as well as revenues on digital and other emerging technologies. This is not surprising considering the economic and business impact digital products and services is expected to create in the coming years. A study conducted by IDC in collaboration with Microsoft estimates Digital Transformation to contribute US$154 billion to India’s GDP by 2021 - which is an astonishing 60 percent of the entire GDP of the country.
With digital technologies showing true potential and shaping the future of business and work, the way forward for business leaders is to build a digital culture with the right skills and processes supporting it.
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