Deloitte Tech Trends 2023 is a comprehensive report that delves into the impact of adopting new-age technologies on ground-breaking innovations and foundational business industries such as BFSI, health care and pharmaceuticals, e-commerce, retail, and manufacturing. This report outlines expected trends that can disrupt businesses.
How Data and IT are Changing the Face of Digital IndiaeGov magazine
India’s digital initiatives are based on use of technology that is affordable, inclusive and transformative. The Digital India programme aims to transform India into a knowledge based economy and a digitally empowered society, writes Prem Narayan, Deputy Director General, Unique Identification Authority of India (UIDAI).
Read More: http://bit.ly/2sVzjEX
Here are 5 Digital Transformation that will help you transform your company.
To know more details, visit us at : https://mitidinnovation.com/recreation/5-digital-transformation-that-will-help-transform-your-company/
Exciting io t trends and predictions to look out for in 2022ArpitGautam20
Here are some emerging IoT Trends for 2022 that startups, SMEs, leading organizations and technology professionals should know about. https://arsr.tech/exciting-iot-trends-and-predictions-to-look-out-for-in-2022/
Evolution of Internet of Things (IoT) Ecosystem - Potential in IndiaConvergence Catalyst
The document discusses the evolution of the Internet of Things (IoT) ecosystem and its potential in India. It provides an overview of the current state of IoT globally and in India. Some key points discussed include:
- IoT is expected to connect around 28 billion devices by 2020, presenting both opportunities and challenges around managing scale.
- India has over 60 startups working on IoT solutions and the potential to play a significant role in the global IoT ecosystem as both a market and innovation hub.
- Factors like rapid urbanization, government initiatives, and the growing startup ecosystem are driving IoT's growth in India, but challenges around connectivity, interoperability, and skills also exist.
Evolution of Internet of Things (IoT) Ecosystem - Potential in IndiaJayanth Kolla
This is India's first, and one of the world's first market-specific industry analysis report on Internet of Things (IoT) domain.
This report evaluates the global developments in the IoT space. And, delves deeper into the current state, growth potential and future outlook of IoT ecosystem evolution in India. This report assesses India as a potential market and innovation hub for IoT based products and solutions.
This is the Executive Summary and ToC of the full report
Kellton Tech Solutions Ltd is among the top AI stocks in India focused on digital commerce, marketing, and transformation. It develops platforms to help clients with digital transformation across sectors. The Indian government aims to employ AI and robotics technology for various applications, making the sector lucrative for investors. The top AI companies in India include Tata Elxsi Ltd, Bosch Ltd, Oracle Financial Services Software Ltd, Persistent Systems Ltd, Affle India Ltd, Happiest Minds Technologies Ltd, Zensar Technologies Ltd, Saksoft Ltd, and Kellton Tech Solutions Ltd. These companies offer solutions across industries like manufacturing, retail, automotive, and more.
Kellton Tech Solutions Ltd is among the top AI stocks in India focused on digital commerce, marketing, and transformation. It develops platforms to help clients with digital transformation across sectors. The Indian government aims to employ AI and robotics technology for various applications, making the sector lucrative for investors. The top AI companies in India include Tata Elxsi Ltd, Bosch Ltd, Oracle Financial Services Software Ltd, Persistent Systems Ltd, Affle India Ltd, Happiest Minds Technologies Ltd, Zensar Technologies Ltd, Saksoft Ltd, and Kellton Tech Solutions Ltd. These companies offer solutions across industries like manufacturing, retail, automotive, and more.
It industry tcs group 7_ssm assignmentAdvait Bhobe
The document discusses the Indian IT industry and Tata Consultancy Services (TCS). It provides an overview of the growth of the Indian IT industry, trends in the industry such as increasing internet usage and employment. It also discusses the various components of the IT industry in India. Finally, it gives details about TCS, the largest IT company in India, including its history, services provided, and size.
The world is changing at an unprecedented rate and most of these changes can be attributed to the rapid technological progress being made by humans. Progress in the fields of Artificial Intelligence and Machine Learning has been crucial for making our lives more convenient and better.
The document discusses the Accenture Technology Vision for 2015. It notes that businesses are now operating in a "digital business era" and a "We Economy" where companies can connect and collaborate at a global scale through digital technologies and ecosystems. Pioneering companies are making "big bets" by creating digital platforms and ecosystems that connect their business with customers, partners, devices and new markets. This allows them to tackle large opportunities and shape entire industries and experiences in new ways. The document examines examples like Home Depot, Philips, and Fiat creating digital ecosystems in areas like connected homes, healthcare, and automobiles.
Deloitte has brought out its 2021 forecast in the telecommunications, media and technology sector. The report gives a detailed view of the new future with increasing dependence on smart technology like artificial intelligence (AI). For instance, virtual reality is transforming the way businesses and educational sectors function because of the pandemic. The report also highlights the growth in the telecommunications sector, virtual radio networks, telehealth or virtual health check-ups and a boom in online gaming all over the world. Overall, Deloitte is predicting a faster and ongoing boost of technological innovations as well as an increasing dependence on the same. See More: https://www2.deloitte.com/in/en/pages/technology-media-and-telecommunications/articles/tmt-predictions-2021.html
This document provides an overview and analysis of the Internet of Things (IoT) market in 2015. Some key points:
- IoT solutions allow devices to sense, transmit, and analyze data to enable automated and actionable insights. Major benefits include improved customer experience, business efficiency and growth, and safety.
- Adoption is growing rapidly across sectors like manufacturing, transportation, and utilities. However, only about 10% of enterprises have extensively adopted IoT.
- By 2025, organizations that extensively use IoT are predicted to be 10% more profitable than competitors without IoT strategies.
- The document examines factors driving adoption, examples of IoT applications, and considerations for developing IoT strategies.
The document discusses how the Internet of Things (IoT) is transforming businesses and provides an overview of IoT adoption. Specifically:
- IoT connects physical devices to collect and share data over networks, allowing for improved customer experiences, business growth, and safety. Adoption is growing rapidly across sectors like transportation, manufacturing, and utilities.
- While the technologies that power IoT like sensors, networking, and cloud computing have existed for decades, factors like lower costs and greater investor confidence are driving more organizations to implement IoT strategies.
- The document examines key drivers of IoT adoption including improved customer service, accelerated business performance, and reduced risks. It also provides industry-specific examples and recommendations for how
This document provides an overview and introduction to the Internet of Things (IoT). It discusses how IoT is transforming business through improved customer experiences, growth, safety, and more sophisticated applications. Key points include:
- IoT connects physical assets through sensors and analytics to extract valuable data and insights.
- Adoption is growing rapidly across sectors like transportation, manufacturing, energy, and public.
- IoT provides benefits like optimized operations, new revenue streams, improved safety and risk management, and regulatory compliance.
- As technologies mature and costs decline, the potential for IoT to impact organizations and society is vast. The document urges organizations to develop an IoT strategy to harness these opportunities.
The Outlook of IoT in India - Rajesh JhaRajesh Jha
The document discusses the outlook of the Internet of Things (IoT) in India. It states that while IoT adoption is later in India than developed countries, India is expected to grow and mature at a faster rate. A joint report predicts a $12 billion IoT opportunity in India by 2020, with industrial IoT expected to surpass consumer IoT. The document also notes that IoT adoption in India's industrial sector, especially in manufacturing, automotive, and logistics, is far greater than the consumer sector. Finally, it argues that for IoT to realize its full potential in India, the government, businesses, and research and development must come together.
Nine Business & Technology Trends impacting 2018 and beyond.Dileep Srinivasan
This presentation discusses the global business and technology trends that will shape the coming decade. With AI, Robotics and Blockchain penetrating every industry, there will be far reaching implications to countries worldwide.
We could also see new leaders worldwide in the next decade, shifting the balance of power from developed countries to others.
The 10 accelerators of broadband growth for digital indiaMerry D'souza
Entrepreneurship is going to cover major era in broadband services who help to make the growth of digital India and hence Insights Success firm found the top 10 business accelerators that are responsible for cover digital India in broadband services.
The emergence of IoT is helping companies to optimize business operations, secure vital data, boost the end-user experience, and solve other issues. This is a big opportunity to invest in this segment. You should establish contact with a reputed IoT app development company to get better solutions. Know more: www.redappletech.com
Similar to in-deloitte-tech-trends-2023-noexp.pdf (20)
In Deloitte's latest article, discover the impact of India's
three new criminal laws, effective July 1, 2024. These laws, replacing the IPC,
CrPC, and Indian Evidence Act, promise a more contemporary, concise, and
accessible legal framework, enhancing forensic investigations and aligning with
current societal needs.
Learn how these Three New Criminal Laws will shape the
future of criminal justice in India
Read More Deloitte India's Latest Article on Three New
Criminal Laws
https://www2.deloitte.com/in/en/pages/finance/articles/three-new-criminal-laws-in-India.html
India economic outlook _ Deloitte Insights.pdfaakash malhotra
India’s GDP took a big leap on Leap Day in 2024: The country’s remarkable growth rate of 8.4% in the third quarter of the fiscal year 20241 surpassed all expectations, as market analysts had penciled in a slower growth this quarter, between 6.6% and 7.2%. Deloitte’s projected growth for the quarter was between 7.1% and 7.4% (as published in January 2024). With substantial revisions to the data from the past three quarters of the fiscal year, India’s GDP growth already touched 8.2% year over year (YoY) in these quarters.
Now in its fourth year, Deloitte’s Women @ Work report examines some of the critical workplace and societal factors that have a profound impact on women’s careers. Representing the views
of 5,000 women from organizations across 10 countries, the report seeks to understand the lived experiences of women at work—and the ways in which aspects of their lives outside work can
impact these experiences. Past reports were dominated by the negative impacts of the pandemic and the resulting challenges as we emerged from it. This year’s report continues to explore
these issues, while also delving deeper into women’s experiences with their health, safety, rights, and household responsibilities.
Now in its fourth year, Deloitte’s Women @ Work report examines some of the critical workplace and societal factors that have a profound impact on women’s careers. Representing the views
of 5,000 women from organizations across 10 countries, the report seeks to understand the lived experiences of women at work—and the ways in which aspects of their lives outside work can
impact these experiences. Past reports were dominated by the negative impacts of the pandemic and the resulting challenges as we emerged from it. This year’s report continues to explore
these issues, while also delving deeper into women’s experiences with their health, safety, rights, and household responsibilities.
Operational Transfer Pricing (OTP) – Delivering future solutionsaakash malhotra
While TP policies are set by tax teams, implementation responsibility lies with finance
function, which may result in data definition gaps
• With different finance personnel working on different entities, the TP policies / cost
allocation logics may not be consistently applied to all the entities within the Group
• Manual computations are prone to errors; increasing the TP risk significantly
• Legal entity P&L
New criminal laws— Future of criminal justice system in Indiaaakash malhotra
The three new criminal laws, the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita, and the Bharatiya Sakshya Adhiniyam, which replace the Indian Penal Code (IPC), the Code of Criminal Procedure (CrPC), and the Indian Evidence Act respectively, will come into force from 1 July this year
Evolving Technology Trends Is your bank ready for tomorrow?aakash malhotra
Banks around the world have been
racing to catch up with the ever-evolving
technological trends shaping the way they
operate and serve their clients.
Prior to COVID-19, the Middle East
financial services industry was evolving
at a measured pace, driven by changing
customer expectations, heightened
competition from incumbents and
new entrants, evolving regulations, and
advancements in technology. In a matter
of weeks, COVID-19 upended those
conventions
With the advent of the digital era, technology has continued to be the primary catalyst in shaping the world, and has led to an unprecedented amount of change, both at work and at home. As a result of the pandemic, there has been a significant impact that has begun to break the inertia of digital adoption due to several government policies and initiatives, driving the adoption of emerging technologies across various industries
E VOLVING STRATEGIC BUSINESS imperatives, trends, and disrupters are driving a seismic shift in the way IT organizations operate. This report-part of a series exploring the merger of business and technology strategies and the reimag- ination of technology's role in the business-aims to address fundamental questions about the future of work in technology
Toward True Organizational Resilience | Deloitte’s Global Resilience Reportaakash malhotra
Deloitte's Global Resilience Report for insights into how organizations worldwide are navigating challenges and building resilience in an ever-evolving landscape.
Risk Advisory’s new narrative Mitigate risks effectivelyaakash malhotra
Deloitte's India risk advisory services to fortify your business resilience. Deloitte offers expert insights and solutions to mitigate risks effectively.
India Banking Fraud Survey Edition IV - Deloitteaakash malhotra
Deloitte's India Banking Fraud Survey Edition IV for insights into the latest trends and challenges in the financial industry. Explore strategies to combat fraud risks. #BankingFraud #DeloitteSurvey
Deloitte's Sustainability Perspectives for valuable insights on monitoring and enhancing sustainability practices. Download the PDF for expert perspectives on sustainable business strategies.
Delve into the key findings and interesting facts on building organizational resilience from the Deloitte Global Resilience Report. Learn how to build a path towards organizational resilience and see why it is important to have organizational resilience. Discover the whole new world of opportunities that abound. Check out the report now!
Deloitte Risk Advisory New Narrative takes you from your 'now' to your 'next'. The detailed report gives us a snapshot of building and shaping businesses that can sustain and grow in an increasingly unpredictable world. It also covers Deloitte’s proprietary tools, enablers, market offerings, etc. Check out the report now!
Yearly Status of School Education in states and union territories of India - ...aakash malhotra
The CII-Deloitte Report on School Education, titled Yearly Status of School Education (YeSSE), is conceptualized to present school sector information in a simplified way, providing a snapshot of the status of school education in each state andunion territory. It also provides insights on focused school education themes.
Annual Status of Higher Education (ASHE), 2023 In states and union territorie...aakash malhotra
Indian higher education is at an inflection point. Explore Deloitte's insightful report in collaboration with CII on the Annual Status of Higher Education (ASHE), 2023, which offers in-depth insights into the key themes and developments made in the HEIs in India. Discover the key statistics, trends, the impact of national education policy, and much more.
The global economy remains fragile going into 2023. There are possibilities of mild recession and stagflation in some economies. Deloitte 2023 Banking & Capital Markets Outlook shares comprehensive overview insights into the Banking and Capital market segments. Uncover about Retail Banking: Envisioning new ways to serve and engage with customers, Consumer Payments- build deeper financial relationships beyond transaction flows.
Large corporations have taken a leadership role in procuring renewable energy around the globe. Small and mid-cap companies represent the next wave of opportunity for utilities, renewable developers, and service providers. Deloitte offers a simplified approach to gaining access to renewable energy. Learn about the considerations made when targeting small and mid-cap segments. Read the In the Serious business: Corporate procurement rivals policy in driving the growth of renewable energy.
The document discusses GST on the online gaming industry in India. It analyzes the potential impact of increasing the GST rate from 18% to 28% and changing the value on which GST is levied from Gross Gaming Revenue (GGR) to the entire Contest Entry Amount (CEA). Modeling based on industry data suggests this could lead to a decline in the industry and lower GST revenues over time as consumers shift to offshore platforms and gaming startups become unviable. The document recommends a thoughtful taxation approach that considers industry dynamics to help maintain a sustainable gaming ecosystem.
AI and Best Use Cases for Your Personal Life.pptxBrian Frerichs
THIS SLIDE PROVIDES A BRIEF OVERVIEW OF THE TOPIC AND THE KEY AREAS THAT WILL BE COVERED IN THE PRESENTATION ON HOW AI CAN BE LEVERAGED FOR PERSONAL LIFE APPLICATIONS.
Organisational success today hinges on effectively understanding and responding to customer needs across diverse segments with varying expectations and preferences. Indeed, with consumers becoming increasingly demanding, it is more important than ever to prioritise customer experience excellence at every touchpoint.
Ensuring exceptional customer experiences at every level of your organisation is crucial. While customer needs might be different, you must build deep customer experience skills and knowledge to accurately identify, address, and enhance the various grey areas in your customer value journey.
Failing to do this can lead to customer attrition and lost opportunities. A few key considerations can ensure your organisation is on the right track to deliver outstanding experiences.
In this deck, you'll learn the secrets to improving your organisation's customer experience.
You'll also learn:
• How you can measure Customer Experience
• What is means to manage your Customer Experience (CX) and the key components for effective implementation
• Tested strategies to elevate your Customer Experience
• And lastly, the difference between Customer Experience and Customer Service.
As the world spins on its axis, the constant ebb and flow of current events, technological advancements, and social trends shape our daily lives. Here are the top five predictions for today that are set to influence various facets of our global society:
1. AI Integration in Daily Life
Artificial Intelligence (AI) continues to embed itself deeper into our everyday routines. Today, expect to see more AI-driven solutions in sectors like healthcare, finance, and education. Personalized learning experiences powered by AI algorithms are becoming mainstream, while in healthcare, AI is aiding in early diagnosis and personalized treatment plans. Financial institutions are increasingly relying on AI for fraud detection and customer service automation.
2. Stock Market Fluctuations Amid Economic Uncertainty
The stock market remains a rollercoaster, reflecting global economic uncertainties. Inflation concerns, geopolitical tensions, and shifting monetary policies are likely to cause significant fluctuations. Investors should brace for a volatile day as markets react to new economic data and policy announcements. Keep an eye on tech stocks, which are particularly sensitive to changes in interest rates and investor sentiment.
3. Climate Action and Environmental Policies
With climate change becoming an ever-pressing issue, today's headlines will likely feature significant climate action. Governments and organizations are set to announce new policies and initiatives aimed at reducing carbon footprints and promoting sustainable practices. From renewable energy investments to stricter emission regulations, these efforts are critical in the global fight against climate change.
4. Breakthroughs in Medical Research
The field of medical research is on the cusp of several groundbreaking discoveries. Today, we anticipate announcements of advancements in treatments for chronic diseases such as cancer, diabetes, and neurodegenerative disorders. Innovative therapies, including gene editing and personalized medicine, are set to offer new hope for patients worldwide. These breakthroughs not only promise to improve health outcomes but also to revolutionize medical practices.
5. Social Media Trends and Digital Influences
Social media platforms continue to shape public opinion and cultural trends. Today, expect new viral challenges, influencer endorsements, and social justice movements gaining traction online. With platforms like TikTok and Instagram driving much of the digital conversation, brands and public figures will leverage these channels to connect with audiences and promote their messages. Be prepared for a flood of new content that could spark debates and inspire collective action.
As these predictions unfold, they will undoubtedly impact various aspects of our lives. Staying informed and adaptable is key to navigating the rapid changes in today's dynamic world.
Why is Structural Engineering Critical in Disaster Preparedness and Resilienc...grouphirani24
Structural engineering forms the bedrock of resilient communities, especially in the face of natural disasters and unforeseen crises. At Hirani Group, our commitment to excellence in structural engineering services is rooted in the belief that robust infrastructure is fundamental to disaster preparedness and long-term resilience. Our team of dedicated professionals specializes in both residential and commercial structural engineering services, ensuring that every project is fortified against potential hazards and stands the test of time. In today’s unpredictable world, the role of structural engineering in disaster preparedness cannot be overstated.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜����𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions. 𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢2024 GROUNDBREAKING CEREMONY OF SK LEAVEO PLANT
➢2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢2024 CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
➢ Daewon Pharm Year End Party
➢ Giant Lantern Festival in Ha Noi with Gamuda Land
➢ Light Festival 2019 in HCMC with Phu My Hung Corp
(etc)
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The Matatag Curriculum of the Philippines for the School Year 2024-2025
The Matatag Curriculum is designed to strengthen and enhance the educational system in the Philippines, aiming to address existing challenges and better prepare students for the future. "Matatag" means "strong" or "resilient" in Filipino, reflecting the curriculum's focus on building a solid and adaptable foundation for students.
The curriculum is structured for elementary (Grades 1-6), junior high (Grades 7-10), and senior high school (Grades 11-12) levels, with a focus on foundational skills, specialized tracks, and real-world learning experiences. Overseen by the Department of Education (DepEd), the Matatag Curriculum aims to improve academic performance, equip students with 21st-century skills, and foster responsible citizenship.
The Matatag Curriculum of the Philippines for the School Year 2024-2025 focuses on strengthening and enhancing the educational system with the following key features:
Holistic Development: Addresses intellectual, emotional, social, and physical growth.
Learner-Centered Approach: Promotes active learning, critical thinking, and problem-solving skills.
Revised Content and Competencies: Updates subject matter to align with global standards.
Technology Integration: Incorporates digital literacy and technology in education.
Sustainability and Global Citizenship: Introduces environmental sustainability and responsible citizenship concepts.
Indigenous Knowledge and Culture: Integrates and respects indigenous practices.
Teacher Training and Development: Provides continuous professional development for educators.
Assessment and Evaluation: Utilizes various assessment methods to measure student progress.
A Complete Guide of Dubai Freelance Visa and Permit in 2024Dubiz
Dubai warmly welcomes professionals from every field, including freelancers. The city’s strong economy provides a fertile ground for freelancers to thrive and succeed. With the rise of digitalization and changes in employment trends, many people are choosing freelance careers for the independence and flexibility they offer. And where better to start your freelancing journey than in Dubai? However, to begin your journey, you will first need to get a freelance permit and a freelance visa Dubai.
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Virtual Production Tool Set and Technologies Redefining Cinema.pdf
in-deloitte-tech-trends-2023-noexp.pdf
1. Deloitte tech trends 2023 – india perspective
0
Deloitte tech trends 2023 – India perspective
The Backbone of Information Technology – Six Macro Technology Forces Explained
Executive Summary
With the advent of the digital era, technology has continued to be the primary catalyst in shaping the world, and has led to an
unprecedented amount of change, both at work and at home. As a result of the pandemic, there has been a significant impact that
has begun to break the inertia of digital adoption due to several government policies and initiatives, driving the adoption of
emerging technologies across various industries.
In this Tech Trends report, Deloitte explores the impact of adopting new-age technologies on ground-breaking innovations and
foundational business industries such as BFSI, health care and pharmaceuticals, e-commerce, retail, and manufacturing to
understand economic development in India. These changes accelerate India’s endeavour to carve itself as a unique identity and a
global hub in a post-COVID-19 world.
This report outlines trends that are likely to disrupt businesses in the next 18 to 24 months, including new opportunities in
automation, Big Data, blockchain, distributed architecture, Internet of Things (IoT) and other areas. The report shows that
pioneering organisations are challenging orthodoxies, working smarter, and shifting their focus to drive innovation, both internally
and across their tech ecosystem.
FY2022 has been a spectacular year for India’s technology industry with a record of 15.5 percent growth (highest ever) to reach
US$227 billion in revenue, with the help of a winning combination of digital and innovation1
.
Introduction
IT has been steadily evolving three enduring eternities—interaction, information, and computation. These three tracks are
continuing to guide the future of IT towards specific convergent goals: simplicity, intelligence, and abundance. Existing systems and
investments represent three foundational forces, the business of technology, cyber and trust, and core modernisation.
1
Nasscom Technology Sector in India 2022 : Strategic Review
2. Deloitte tech trends 2023 – india perspective
1
India today is at the forefront of technology adoption and these trends will continue to shape the way business is conducted. With
the existing 4G penetration, 5G adoption is projected to account for nearly 40 percent of mobile subscriptions in India (500 million)
by the end of 20272
. As of December 2022, India had over 800 million broadband users, making it the largest market with
connected devices3
. Additionally, it is expected that there will be one billion smartphone users in India by 2026. With such a high
adoption rate of smartphones and mobile/broadband connectivity, the average Indian become an integral part of the digital
economy, with digital becoming the norm for everything, from online pharmacy, doctor consultations, and food delivery to
education technology.
Today, emerging trends in technology are being adopted in India with wide-reaching use cases, as compared with other parts of
the world. India is the leader in digital payments with a Unified Payments Interface (UPI) payment network taking over other forms
of transactions in terms of volumes and affordable banking through inter-bank and direct-cash transfer schemes. Other examples
include Digital Sansad that matches the new physical infrastructure of the parliament with cutting-edge technologies to enable
parliamentarians and other relevant stakeholders to efficiently discharge their duties. It is a platform that Deloitte is helping build
and bring citizens, MPs, and other stakeholders together in a one-stop, seamless, paperless, and sophisticated platform that will
continue to evolve, modernise, and innovate over time.
As instant communication becomes increasingly popular across generations, the Indian government is also developing an open-
source, indigenous instant messaging mobile application in collaboration with technology partners to facilitate instant messaging
communication within government bodies without compromising on privacy concerns. These technological innovations change the
way we operate businesses, engage with customers, and interact with each other, and they will continue to evolve with the trends
outlined in the report.
Through the Glass: Immersive Internet for the Enterprise (Metaverse)
The pandemic accelerated the need to be connected virtually across the globe. Immersive internet is the next stage in
the evolution of the video call with the rise of metaverse. Over the next few years, today seems more like a gaming
environment, set to become more tangible and conversational, and transition to more of an enterprise tool.
With its immersive and simulative nature, this trailblazing technology is witnessing accelerated adoption amongst
organisations. While the immersive internet provides facilities for users and companies to socialise and work from the
comfort of their homes, it provides businesses virtual environments to enable, showcase, and advertise their products.
From virtual learning centres to office rooms and show rooms, virtual reality is the new reality.
Per market estimates, the metaverse industry in India is expected to grow at an impressive CAGR of 37.1 percent and
touch a whopping US$758 billion by the end of 20264
. In addition to the global tech-giants racing to build on the
emerging metaverse concept, leading Indian firms are also announcing the development of the metaverse. A
multinational IT services company based out of India is working on use cases including a non-fungible token (NFT)
marketplace for car dealerships, a virtual Meta bank, and a gaming facility. Moreover, India's pre-eminent jewellery
brand held a virtual launch for its new bridal jewellery collection using the metaverse, where users could interact with
3D images and rotate them to view the pieces from various angles. As another example, one of the largest tyre
manufacturers in India is building a metaverse store. Through its integration with the company's e-commerce platform,
customers will be able to view products in 3D, place orders simultaneously, and have tyres delivered and fitted at their
convenience.
TREND #1
2
Mobile subscribers report by swedish telecom gear maker Ericsson.
3
India largest connected nation with over 800M broadband users says Rajeev Chandrasekhar
4 dqindia_reshaping the future of Metaverse in India
3. Deloitte tech trends 2023 – india perspective
2
Opening to AI: Learning to Trust our AI Colleagues
Even as artificial intelligence (AI) tools become more commoditised, businesses that are spending millions to implement
them may struggle to achieve competitive gains. A truly AI-fuelled organisation can differentiate itself from its
competitors only by how robustly it uses its AI investments. Trust on AI has evolved far slower than ML technology.
Approximately 50 percent organisations plan to increase their investments in AI according to Deloitte India's second
edition of the “State of Artificial Intelligence in India” report. The survey included 200 Indian business leaders and 88
percent respondents planned to increase AI investments year-on-year (YoY) in 2022, as compared with 82 percent in
20215
. AI has been widely deployed across application areas by Indian companies, government ministries, and private
firms in the past few years. As a matter of fact, AI is already transforming various industry sectors' operational,
functional, and strategic landscapes and its scope and role are also expanding.
Organisations are integrating AI into enterprise applications and processes across functions. Both start-ups and
established players are taking advantage of AI and ML to achieve new levels of success. The latest AI adoption index by
NASSCOM shows that India's Artificial Intelligence (AI) investments are expected to reach US$881 million by 2023,
growing at a CAGR of 31.8 percent. With AI adoption, the four sectors, namely, BFSI, CPG and retail, health care, and
industrials and automotive are likely to contribute 60 percent of the net new value add of US$500 billion by FY20266
.
Amongst the start-ups that participated in the Google Assistant investment programme was a company that provides
users with provisional expert assistance and AI-guided listening. By using cognitive-behavioural techniques based on
evidence, it implements AI-driven chatbots that make users feel heard. Over 100 million conversations have been
enabled by this product, and the self-reported depressive symptoms of regular users have improved by 40 percent.
A Bengaluru-based start-up offers businesses omni-channel, conversational AI tools to automate customer experiences.
Its clients include Automobile Manufacturer, Large Oil PSU, Food delivery app, Online marketplace for cosmetics and
well-being. A chat and voice-based bot can be accessed through 35 channels, including the web, WhatsApp, Instagram,
in-app, IVR, and contact centres, in over 100 languages. Furthermore, the company has partnered with is working on
transforming their voice automation solution using Azure AI Speech Services.
Also, Al has proven to be useful in solving environmental issues in far-reaching ways. The Government of Haryana along
with Deloitte piloted an Al-based platform to support farmers in managing crop residue through the creation of a
marketplace where farmers connect with equipment providers to curb the problem of stubble burning and enabled
seamless access to the marketplace through integration with familiar channels such as WhatsApp.
Various D2C and B2B organisations are leveraging on conversational Al and automation to create digital journeys for
stakeholders with a focus on first-time resolution. Deloitte has also helped a leading beverage manufacturing
organisation in utilising conversational automation to identify low-stock volumes and automatically order additional
quantities to replenish.
TREND #2
5 Deloitte_State of AI in India
6 ibef_nasscom report on AI investments
4. Deloitte tech trends 2023 – india perspective
3
Above the Clouds: Taming Multicloud Chaos (Metacloud or Supercloud)
Increasingly, enterprises are adopting multicloud strategies due to specialised capabilities and optimised pricing, but
having said that, applications and workloads can be difficult to design and operate due to the complexity of working
with a heterogeneous mix of proprietary platforms, services, and interfaces.
Adopting what is known simply as metacloud or supercloud involves building a compatibility layer through a family of
tools and techniques that can help cut through the complexity of multi-cloud environments by providing access to
common services such as storage and computation, AI, data, security, operations, governance, and application
development and deployment
From an Indian market perspective, Superclouds will be unique, and we will see their emergence. Organisations that
have already invested in leading hyper-scalers don’t want to be trapped within the walled set of services. Surveys
indicate that 84 percent enterprises in India prefer hybrid multi-cloud as their ideal operating model, and that 58
percent are expecting to implement such environments within three years7
.
The goal is to fight vendor lock-in and allow developers to freely run ML and other workloads wherever and whenever
they want. Developers often seek to do this to optimise for cost and performance. American cloud computing and
virtualisation technology companies have already launched interoperable services which work across leading cloud
providers, and we will see more of such cross-cloud integrators in the future.
TREND #3
Flexibility, the Best Ability: Reimagining the Tech Workforce (Tech Talent)
In India, a majority of employers are seeking to expand their workforce despite the buzz of recession, layoffs, and cost-
cutting. Around 73 percent employers are eager to expand their resource pool this quarter, according to the
“Employment Outlook Report Q3-22”. The top five Indian IT companies hired around 100,000 new employees in 2022
even with the grim market forecasts8
. The Human Resources departments must prepare for a non-stop battle for skills
in the upcoming year, as the market is enormous for IT contenders. We have seen newer modules and hybrid work
styles evolve during the pandemic, transforming the conventional workplace dramatically. Skill diversity and inclusion
have become the norm, and new abilities are in demand.
As diverse teams have been proven to be 70 percent more advantageous, most organisations wish to expand their skills
diversity. Today, it is the most in-demand condition for flexibility in any job as it is more affordable to train and upskill
existing employees than to hire fresh ones. Using this work mode allows enterprises to persuade and retain top
performers by modifying their organisational structures. The ability to collaborate with others, regardless of location,
has been a key requirement for jobs in 2022.
Furthermore, per a NASSCOM report, India ranks first when it comes to reskilling in newer technologies, which is
considered paramount in emerging technologies such as Web3 and blockchain9
. India has 11 percent of the global
Web3 talent, making it the third-largest pool for new and upcoming technologies10
. Enterprises have also gone beyond
exploring gig-workers to embracing them specially to meet demand surges in emerging tech skills such as cloud and
data analytics. With India being one of the largest suppliers of the gig workforce, this flexibility in hiring is also core to
the way the market is being shaped.
TREND #4
7 fourth annual Enterprise Cloud Index (ECI) report findings
8 teamlease employment outlook report Q3 2022
9 nasscom_india web3 landscape
10 India Web3 talent
5. Deloitte tech trends 2023 – india perspective
4
In us we Trust: Decentralised Architectures and Ecosystems (Blockchain-Empowered)
Using distributed infrastructure technology, decentralised ledgers enable the exchange of trusted data across networks
by keeping records of each transaction.
India has successfully built fantastic foundational digital infrastructure such as Aadhaar, e-Sign and Digi locker along
with digitally enabled networks like GSTN. However, these tend to centralise trust in a few agencies in the age of no
trust and many users still have apprehensions on their use, and thereby misuse. From everyday enterprise applications
to blockchain-native business models, decentralised architectures and ecosystems have started to emerge and are
seeing more adoption that ever before. These disintermediate trust, placing trust not in a single organisation or person
but distributing it across the community of users. With this in regard, not only the private enterprises, but also the
Indian government is exploring the use of decentralised architectures to use in cases such as digital identities,
credentials, transactions, contracts, and payments.
If you take the example of the telecommunications sector, the regulator has already deployed the distributor ledger
technology to control spam SMS traffic and track down the unregistered telemarketing companies. On the other hand,
the regulatory body for the securities and commodity market in India, under the Ministry of Finance, has instructed all
depositories to make use of blockchain technology to maintain records. This will bring in more transparency in the
process of record-keeping, as well as in the process of monitoring the creation of securities and covenants of non-
convertible securities.
The Indian government is looking forward to establishing a national blockchain framework that will help in transforming
the future of as many as forty-four sectors including education, pharmacy, farming, energy, and e-governance. An
executive agency of the union government promoting e-governance has also supported a multi-institutional project
titled “Distributed Centre of Excellence in Blockchain Technology” to carry out research on the use of blockchain
technology in various domains and developed proof-of-concept solutions.
While global response to Web3 is still shaping up, India’s growing economy, demographic dividend, and exponential
adoption of emerging technologies across sectors positioned the country to become one of the highest growth markets
for Web3 globally, with more than 450 active start-ups in the space that raised US$1.3 billion11
.
TREND #5
11
Web3 Startups In India - a nasscom report
6. Deloitte tech trends 2023 – india perspective
5
Connect and Extend: Mainframe Modernisation Hits its Stride
Large businesses, even today, rely on trusted old mainframes to run their core processes. Up to 74 percent of global
companies across sectors run their core systems such as banking and insurance applications, telco billing systems and
even medical records management systems on such traditional mainframes12
.
Cutting-edge digital technologies are shaping customer experiences through omni-channel touchpoints, but sit as
layers on top of these legacy mainframe systems running core processes. While large modernisation programmes are
running across organisations to modernise the core, moving mainframes to newer platforms are seen as either cost
prohibitive or risky. Businesses are apprehensive to touch what is working well and want to make these shifts in long-
drawn multi-year, multi-million-dollar programmes.
Firms are meeting this challenge by focusing their efforts on a tried-and-tested approach into the core system
modernisation that will allow them to connect legacy applications to even the most modern tools. This includes AI-
powered middleware solutions, advance microservices applications, and refreshed user interfaces that harness the
power of the data that sits at the core. The result is a powerful pairing: the trusted functionality of core legacy systems
with the expansive capabilities of emerging technologies.
Leading cloud providers have also announced mainframe modernisation solutions that dramatically simplify and reduce
the risk of enterprise migrations of legacy mainframe systems to the cloud.
From an India perspective, the larger impact of this trend is towards jobs and skills. India supplies some of the largest
mainframe talent to the world through large system integrators and technology GCCs for global organisations. It would
be crucial for such individuals to wear two hats—one as legacy mainframe experts and the other as modern
technologists, who understand APIs, microservices, and cloud, thereby enabling these interconnections and
modernisation journeys.
TREND #6
12
Deloitte consulting articles_hello mainframe, our old friend
7. Deloitte tech trends 2023 – india perspective
6
Connect with us
Keerthi Prakash
Partner and CIO Program Leader
Deloitte India
pkeerthi@deloitte.com
Contributors
Akhilesh Ganesh
Aakash Tyagi
Twisha Sethi
Farheen Anzar
Palak Bachani