TECHNOLOGY SENATE INDIA’S MOST DEFINITIVE VOICE AND PLATFORM FOR CIOs
India is at the forefront of a monumental technology transformation that is reshaping the landscape of its economy and setting the stage for an unprecedented era of growth. As the nation stands on the cusp of becoming the world’s third-largest economy by 2027, investments are flowing into construct a robust digital infrastructure, signalling a bright future ahead. According to a CII-Colliers report, the Indian data Centre industry is poised to attract over $10 billion in investments within the next three years, a testament to the country’s digital ambitions.
This digital surge, powered by an increase in digital-first organizations and digitally-enabled business models, positions India’s digital economy as a formidable force. Analysts predict that by 2030, it will contribute nearly 20% to the GDP, up from the current 8%. Furthermore, the advent of Generative AI is set to revolutionize the landscape, potentially boosting India’s GDP by $359-438 Billion by 2030, according to EY. This represents a 5.9-7.2% increase, with an accumulative impact of $1.2-1.5 trillion over seven years, contributing 0.9-1.1% to annual growth. Amidst a global recession, India shines as a beacon of hope, leading the charge in adopting emerging technologies.
As organizations accelerate their digital initiatives, the demand for enterprise software and remote working solutions is skyrocketing. Security is also gaining importance, with identity emerging as the new perimeter. Moreover, automation is quickly becoming a priority, both in business process and IT infrastructure, indicating a broader shift towards efficiency and innovation.
In this vibrant context, the Technology Senate, the authoritative voice and platform for India’s CIOs and CTOs, is set to illuminate how the nation’s leading organizations are preparing for the future. They’re leveraging emerging technologies to reinvent themselves and stay ahead in the game.
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