What the Future Holds for 2017
The year 2016 witnessed a series of high impact events including slump in oil prices, the impact of Brexit, the results from US elections to the effects of demonetization. Banks and financial institutions slowed down spending and in general, decision making worldwide was extremely slow. Slowdown in China led to a multiplier effect on an already slow growth in several emerging economies. Enterprise spending was circumspect as they watched over every spend very carefully. At the same time, enterprises also recognize the various possibilities to improve performance, reduce costs and increase governance by leveraging digital technologies. Their interest levels in general, only increased while spending itself was disproportionate.
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