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TECH BYTES – Monthly Tech Industry Bulletin – October 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- Internet of Things (IoT) – Accelerated Adoption in India and globally

  • IoT has been evolving since many years and is now being leveraged in conjunction with other technologies. 
  • IoT M&A market remained red hot during the pandemic while investments in India expected to grow in 2021 owing to government-backed initiatives
  • Connected Health, Smart Cities, Industrial IoT, and Connected Transport to see the highest investments
  • Building the core infra, IoT technology skilling, and data security concerns are a few barriers to IoT adoption
LeaderTalk – GCC value proposition for India

  • An insightful discussion with GCC Leaders
    • Namita Jain, Research Practice Lead, NASSCOM Insights
    • Vivek Chopra, Head of Macquaire Group’s Global Financial Services Division, India
    • Sudhir Banerjee, Senior Vice President and Head of ABB’s Global Business Services Center, India
    • Ravi Mehta, Partner, Strategy and Business Design Consulting Practice, and Lead Robotics and Cognitive Automation, Deloitte India
    • Keerthi Kumar, Partner, Strategy and Business Design, and GCC Open Innovation, Deloitte India
    • Sukanya Roy, Director, GCC and BPM Strategy, NASSCOM
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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