2019 will be challenging for Indian IT-ITeS industry
The year, however, will bring in a lot of opportunities as the industry is expected to grow around 10%.
- Technologies such as artificial intelligence (AI), Internet of things (IoT), augmented reality, virtual reality, machine learning (ML), big data analytics, robotic process automation, and 3D Printing are increasingly becoming mainstream, cutting across industries.
- This is a quite a forward-looking step to leverage this important technology in key sectors such as healthcare, education, agriculture, smart cities and infrastructure, and smart mobility and transportation.
- In the context of India scaling up 30 positions in 2018 over its 2017 ranking of ease of doing business, it would be prudent to expect that the Indian startup ecosystem, especially the tech startups, would attract greater interest from investors across the world.
- As we step into the new year, the future continues to look bright for the Indian IT-ITeS industry.
- To monetise the opportunity, we as a nation in general, and as IT industry in specific, have to make interventions in technology, talent, and ecosystem.