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Indian Companies will Increases Information and communications technology (ICT) Budget by 85%

Nov 27, 2017

A survey of 150 Indian enterprises regarding their Information & Communications Technology (ICT) investment survey results are majority of Indian enterprises are willing to increase the ICT budget which is 85% more compared to 2015 – 2016.

According the report the Indian enterprises in the country to increase investments in Information and Communications Technology (ICT), in core technologies such as software, hardware, and IT services to improve their efficiency and productivity.  A part of investment towards data centers, as it forms an integral part of the digital transformation happening in India as government initiates “Digital India”.

In spite of the fact that cloud adoption is at a beginning stage in India, the information ministry’s guidelines to embrace cloud solutions is ICT sellers the expected driving force to grab these opportunities. Indian undertakings likewise put resources into Internet of Things (IoT) to make utilization of the information produced for growing new business methodologies.

Indian enterprises are aiming to stand out in the market over their competitors, and are looking to sustain in the competitive market conditions through IT investments. In addition, organizations prefer vendors that can offer a variety of disruptive solutions with specific industry expertise.

The long-term sustenance of macroeconomic stability and structural and economic reforms implemented by the country can further widen the scope of ICT investments. The endeavours to upgrade efficiency and the presentation of such changes could render India a standout amongst the most positive goals for ICT investments.

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