$2.8
TRILLION
EXPECTED GLOBAL MARKET SIZE OF DIGITAL TRANSFORMATION BY 2025-A CAGR OF 16.6 PER CENT FROM 2021
$69
BILLION
INDIA'S DIGITAL TRANSFORMATION SPEND BY 2025, AT A CAGR OF 18.2 PER CENT; THE MARKET SIZE IN 2020 WAS $30 BILLION
While giving the keynote presentation at the Microsoft Business Forward event in 2017, Microsoft's Executive Chairman & CEO Satya Nadella went back in time to the mid1990s, when the company was about to launch its first server product. Back then, Nadella was coding on screen, showing a scenario that speaks of today's digital transformation (DX) needs. And all the technology deployed allowed him to pull the data into a spreadsheet for storing inventory, and then use automation to drive a document that could create a purchase order to deal with the back-order situation. While he thought the innovation was going to change the world, it took about two decades to realize how the digital transformation revolution is not just about transforming industries, but powering every part of the economy.
"Digital transformation is not simply about 'lifting-and-shifting' old IT infrastructure to the cloud for cost-saving and convenience. Organizations adopt new technologies to redesign and redefine relationships with their customers, employees and partners, which includes modernizing applications and creating new business models, products and services," says Bikram Singh Bedi, Managing Director for India region at Google Cloud.
Esta historia es de la edición June 12, 2022 de Business Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición June 12, 2022 de Business Today.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
"Moving to cloud helped us grow❞
What was the problem you were grappling with?
She's Got Time
MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP
RISING STAR
PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.
Building on a Legacy
WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.
LEADER IN INNOVATION
AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.
WAITING IN THE WINGS
Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025
A DECENT PROPOSAL
IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?
Women and the STEM Bias
EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.
ROCKET WOMEN
WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.
ONE STEP FORWARD
THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.
