Tesla’s entry will compel existing EV manufacturers to re-evaluate their vehicle offerings GlobalData, a leading data and analytics company, states that Tesla’s long-awaited entry into the Indian automotive market is gaining momentum. Elon Musk’s recent statement following his meeting with Indian Prime Minister Narendra Modi during the latter’s US visit…
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Health-conscious Indians are becoming more mindful of their sugar and calorie intake The COVID-19 pandemic has sparked a heightened focus on food safety and hygiene among consumers worldwide. In India, this trend, coupled with concerns about short shelf-life, is projected to create significant growth opportunities for packaged street-selling juices. According…
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The COVID-19 pandemic has accelerated digital transformation efforts in India According to the International Data Corporation (IDC), the India public cloud services (PCS) market, which includes infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS) solutions, generated a revenue of $US6.2 billion in 2022. The market is projected to reach $US17.8 billion…
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Indian organizations have shown a higher adoption rate of digital strategies According to a recent report by International Data Corporation (IDC), 69 per cent of organizations consider themselves “digital businesses” with well-defined digital strategies and widespread implementation of digital technologies. Another 22 per cent of organizations do not prioritize digitalization,…
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Rising inflation and currency devaluations made technology investments costlier According to the latest data released by IDC’s Worldwide Black Book: Live Edition, IT spending by Indian enterprises and service providers is projected to grow 7.8 per cent in 2023, albeit more slowly than in 2022. Consumer IT spending (dominated by…
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Upgrading digital infrastructure in India Nokia today announced that it has entered a partnership with Lightstorm, in India, to supply the latest WDM optical network solutions for Lightstorm’s network expansion into the Eastern and Northern regions of India. The deal includes integration and consulting services to assist Lightstorm in deploying…
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Achieving digital trust is critical to be considered while making any strategic investments International Data Corporation predicts that by 2026, 20 per cent of large enterprise organizations will migrate to autonomous security operations centres (SOC) accessed by distributed teams for faster remediation, incident management, and response. India is on the rise…
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Adoption of as-a-service or consumption-based models is increasing rapidly International Data Corporation ’s (IDC) new report finds that “Anything as a Service”, or XaaS, is quickly becoming the preferred delivery model for several products, tools, and technologies. As per IDC Future of Digital Infrastructure 2022 Global Sentiment Survey (India, n=100), almost…
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Considerable investments observed in BFSI, healthcare, manufacturing, and retail International Data Corporation reveals that over 54 per cent of large enterprises in India are planning to implement SD-Branch and ZTNA as a part of a drive towards SASE adoption. As we move beyond the boundaries of primitive working style with…
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Total mobile data consumed in India is expected to more than double by 2024 Nokia today announced in its annual Mobile Broadband Index (MBiT) report that mobile data traffic in India has risen 3.2 times over the last five years. The report also revealed that pan-India mobile data usage per month grew from 4.5 exabytes in…
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