Information security and risk management spending in India to grow 9.5 per cent in 2021. Enterprise information security and risk management end user spending in India is on pace to total US$2.08 billion in 2021, an increase of 9.5 per cent from 2020, according to the latest forecast from Gartner.…
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India’s ICT Spending to grow by over 10 per cent to reach US$91 billion in 2021. Enterprises’ focus during the current pandemic to ensure future growth, innovation, and resilience is helping to revive Indian ICT spend to a strong positive outlook in 2021. International Data Corporation (IDC) forecasts India’s ICT Spending…
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The pandemic has exposed the gaps and shortcomings in analytics and AI/ML models for the Indian organisations. The COVID-19 pandemic has been driving demand for intelligence technologies to enable new ways of working, reports IDC FutureScape: Worldwide Future of Intelligence 2021 Predictions – India Implications that contextualizes Future of Intelligence predictions…
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Manufacturing companies across the globe are looking to diversify their manufacturing locations. The Government of India has approved the Production Linked Incentive (PLI) Scheme for IT Hardware. The scheme proposes production linked incentive to boost domestic manufacturing and attract large investments in the value chain of IT Hardware. The Target…
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India had the highest growth in mobile broadband traffic globally. In 2020, India’s data traffic grew by 36 per cent year on year (YoY) primarily due to rise in 4G data consumption as 4G subscribers surpassed 700 million with 100 million new additions during the year. Nokia’s recently released Mobile…
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Changing landscape of trust was set against a backdrop of global economic uncertainty. With the prospect of a sharp recovery in economic activities in 2021, corporate banking in India is expected to witness a significant evolution in the path to recovery as banks redesign their corporate customer experience (CX) on…
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India artificial intelligence predictions for 2021 and beyond. Organisations in India are embracing AI driven by improved internal efficiencies, competitive edge, and enhanced customer experience (CX). Driven by enterprise resiliency, leveraging tech has become existential in the journey to the new normal, states IDC’s latest report, IDC FutureScape: Worldwide Artificial…
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Application potential in different domains such as governance, banking and finance, cyber security India’s Ministry of Electronics and Information Technology (MeitY) has identified Blockchain Technology as one of the important research areas having application potential in different domains such as governance, banking, finance, and cyber security. MeitY has supported a…
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India and South Korea militaries lead the drive in Asia. Most militaries across the globe are transitioning their training to simulators to address personal safety challenges. In fact, the global military simulator systems market is anticipated to grow by 55 per cent in 2030, as compared to the current year’s market value. The modernisation of armed forces and the induction of increasingly sophisticated…
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Security offerings revenue in India will reach US$4bn in 2024. The ongoing impact of COVID-19 pandemic’s disruption to traditional business operation landscape, has forced the enterprises to adopt a proactive rather than a reactive approach to address the potential security threats. As a result, security offerings’ revenue in India is…
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