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TECH BYTES – Monthly Tech Industry Bulletin – November 2021

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, Leadertalks and Industry Facts.
 

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Key Findings

Theme of the month- Engineering R&D India – Gateway to global Engineering R&D and Innovation

  • The key pillars and value propositions that fuel India's attractiveness as the destination of choice include the ability to drive strategic business impact, a strong focus on innovation, a large and diverse talent pool, and focus on differentiated service delivery
  • Indian ER&D players play a crucial role in helping global enterprises create competitive advantage, move to a digital-first paradigm, and create tangible business value 
  • India is a hub for digital talent, with specialized skills in highly demanded technological areas such as IoT, AI, ML, Robotics, etc.
  • India is among the top 50 most innovative countries in the World and is continuing to foster innovation at grassroots level. It has the world’s third largest start-up base
LeaderTalk – “Is HR ready to steer the new ways of working”

  • The leaders in the discussion, included, Sangeeta Gupta - Senior Vice President and Head of Strategy, NASSCOM, Nitin Bhatt - Technology Sector Leader, EY India, Anurag Malik - Workforce Advisory Leader, EY India
  • CHROs: Dr. Vishwanath Joshi - Chief People Officer, Hexaware Technologies, Paneesh Rao - Chief People Officer at Mindtree, Krish Shankar  - Group Head- Human Resources at Infosys, Balaji Kumar – CHRO, LTI - Larsen & Toubro Infotech
Tech Industry Insights - Trending Industry Themes

  • Robust deal pipelines, Expansion to global markets, SaaS on the rise, key acquisitions, rise in social commerce,  Retail4.0_Online+Offline, D2C Funding

 

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