Digital growth in India has shown a tremendous spur among organizations and has significantly impacted the consumers, services in the market. Our annual Enterprise IT Trends and Investments Survey titled SMAC 3.0: Digital is Here covers the journey of the Social, Media, Analytics and Cloud (SMAC), areas that have been the latest buzzwords among IT strategists. The survey, which was aimed to capture key IT priorities and initiatives taken by organizations across various sectors, provided meaningful insights from the 267 CIO’s that responded. The results clearly highlight that the direction of the respondents’ current and future plans align with the ‘Digital India’ story.
The Indian e-commerce sector is expected to grow 70 per cent in 2015 and cross $6 billion to become one of the fastest-growing e-commerce markets in the Asia-Pacific region. Market players are providing various incentives to lure customers in order to gain market share. They have adopted a low margin and high customer acquisition cost business model. However, players must focus on long-term value creation while racing for the bigger piece of the pie.
An overwhelming 22 out of our major 32 cities (in India) have to struggle with the problem of water shortage on an everyday basis. Some of the cities have adequate supply but are plagued by inadequate engineering and poor maintenance.
Who knew that the value of a cell phone will depend on the apps that it can support; and shoes will have integrated censors to enhance user experience? Trends such as social media, mobility, analytics and cloud can not only disrupt your business models but transform the inter-relationship of IT and end-users. Such changes in the marketplace require CIOs to take on a more strategic role to deliver value.
The market scenario is presently characterized by customer expectations being at an all-time high, intense competition and rising cost pressures. As such, companies are on their toes to come up with products that excel in terms of their durability and performance. This requirement has enhanced the need for known, but revived field of engineering, called mechatronics, or systems engineering. In this blog post, Devendra Parulekar, Partner, IT Risk and Assurance (Technology, Communications and Entertainment Group), EY, emphasizes upon the need for an integration of mechanical, electronic and computation to enhance the performance of your business.
In a phenomenon that is pervasive globally, rapid urbanisation and the migration of millions of people to cities are not only shaping our societies and businesses, but are also putting an enormous stress on transportation related infrastructure. In this post we attempt to explore opportunities presented by emerging technologies and present a few practical technology solutions that can help resolve the Mumbai skywalking experiment and similar concerns faced by other metros across the globe.