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TECH BYTES – Monthly Tech Industry Bulletin – April 2022

This monthly industry bulletin is our endeavor to aggregate and feature on a regular basis, key trends and insights shaping the technology sector. The information covered here is collated from publicly available sources and gives a bird’s eye view of what has happened in the technology sector during a particular month.

The report will focus on a theme for the month and Industry Facts.

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Key Findings

What is New @nasscomR
  • Highlights from NASSCOM Reports Released in March 2022
    • 1) AI-as-a-Service: Democratizing AI for Scale 2) Low Code No Code - The India Story 3) Quarterly Industry Review March 2022 4) India’s Software Product Ecosystem – Accelerating Growth, 5) Engineering Research and Development Global Location Analysis, 6) MLOPs – A Key Lever in Revolutionizing AI/ML Adoption for Industries
Theme of the Month: Low Code No Code (LCNC): The India Story
  • Highlights the mature Global LCNC market, the nascent but growing India market, key trends, benefits realized by adopters and recommendations to stakeholders to realize the full market potential  tech industry
Tech Industry Insights- Trending Industry Themes
  • Strong demand to drive double digit growth, fresher hiring a key priority, focus on chip design, digital transformation and skilling initiatives in the ER&D segment, funding in large late stage deals; Indian start-ups soaring high

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