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Emerging tech

TECHADE 2020 – Technologies driving global GDP in the decade to 2030

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Global Megatrends are expected to generate high-impact opportunities, both at speed and at scale. This will require an unseen response agility from demand-supply-trust ecosystems built on a strong core of digital technologies and connectedness. While the emerging megatrends will need unprecedented coordination, planning, and execution adeptness from governments, corporates and citizens to manoeuvre, technology will emerge as the fundamental bedrock in orienting the outcomes towards greater good at lesser cost. Globally, incumbent enterprises alone, aside of digital native start-ups, will generate technology products and services worth half of global GDP of USD 100 trillion by 2025. Nine digital technology areas will emerge as fastest growing and will have the highest impact, with the combi...

State of IoT Security Report for October 2019

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Find out how the threat landscape facing IoT deployments in India changed in the Jul-Sep quarter of 2019

AI Pervasiveness in Retail

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The retail sector leverages various digital technologies such as Robotics, IoT, AR/VR, etc.,. While all these technologies have potential to operate in isolation, when combined with AI these technologies get a centralized brain. AI not only complements these technologies, but also acts as a link between them, which allows AI to access data from different systems and deliver real-time insights. Some of the most widely used AI technologies across the retail value chain are Machine Learning, Computer Vision, Conversational AI, Data Science and NLP. Today AI finds application across the retail value chain to address challenges such as demand forecasting, product development, supply chain planning, store operations, campaign management and customer experience. Key Highlights Retail landscape In...

Edge Computing: Towards A More Distributed Future

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Edge computing is a rapidly emerging area of interest for companies in the ER&D, IoT, telecom, networking and cloud/datacenter sectors. Edge computing is an extension of IoT – devices that have smart capabilities (AI/ML, analytics, etc.) that can process data at the source of the data itself. This ability helps in reducing latency, optimizing cloud storage & processing, reducing data transmission costs and these devices are able to function independent of network & internet connectivity. The global market for edge computing is growing at a CAGR of 54% (2018-2025) and keeping in mind the potential of this segment for India’s tech sector, NASSCOM Research (@NasscomR) decided to work on a whitepaper with two objectives in mind: Primer on What is edge computing?: An attempt to give...

Emotional intelligence– the essential skillset for the age of AI

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Key Findings • 74% of executives and 58% of non-supervisory employees believe that EI will become a “must-have” skill: – 61% of executives and 41% of non-supervisory employees believe that it will become so in the next one to five years • On average, demand for EI is expected to increase by as much as six times: – The financial services sector will see the highest increase in demand for EI skills – Displacement of routine tasks, evolving job roles, and the inability to automate certain tasks will be key reasons for an increase in demand for EI skills • Although automation and AI will impact all career levels, organizations currently focus more on building EI skills at senior levels than at non-supervisory levels: – Organizations do not adequately assess or hire non-supervisory employees ba...

Internet of Things (IoT)

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Contents Internet of Things (IOT) Birth of IOT Introduction to IoT Benefits of IoT IoT Across Various Domains How Big is IoT? Key Global and India Market Trends Real World Applications of IoT Smart Home Wearables Connected Cars Industrial Internet Smart Cities IoT in Agriculture Smart Retail Energy Engagement IOT in Healthcare IoT in Poultry and Farming Impact of IoT on technology services (IT, BPM & ER&D) NASSCOM Members NASSCOM Reports

Growth Of Immersive Media- A Reality Check

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The report provides an assessment of the current market for Immersive Media both globally and in India. It covers a brief Introduction & Evolution of Immersive Media, Ecosystem Players, Market Size and Growth Estimates, Key Applications and Use Cases, Analysis of the Indian Market, Key demand drivers, Factors limiting growth, along with the key recommendations that may propel the growth of the Immersive Media market in India. Key Findings Global Market Global IM market is estimated at USD 18.4 Bn in 2018 projected to grow at 76% CAGR to reach USD 179 Bn by 2022 While currently, USA is the leading market accounting for ~1/3rd global market share, by 2022, China, Japan, Germany and UK are projected to emerge as key markets with significant spending in IM India Market IM Market in India i...

AVASANT-NASSCOM India Blockchain Report 2019

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The National Association of Software and Services Companies (NASSCOM) launched the findings of the AVASANT-NASSCOM India Blockchain Report 2019, which highlighted the developments in the global and Indian Blockchain market and ecosystem. The report has been developed extensively by incorporating inputs from over 50 industry leading experts and participants of the Blockchain ecosystem. The transformational potential that blockchain possesses has been recognized by enterprises and governments across the world and more than 50 countries have already embarked on initiatives to integrate the technology in their economies, and develop a holistic environment for the same. According to the report, the past year has witnessed a massive surge in investments in blockchain based companies and startups...

Flying high: Drones to drive jobs in the construction sector

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In this report, we seek to explore the possibility of extensive use of drones in the construction sector, and their effect on generating employment. We also cover emerging global trends, growth drivers, use cases, government initiatives, policies and regulations. Most importantly, the single factor that resonates throughout this report is our search for ‘bright spots’ that have the potential to enhance job creation in the construction sector.

NASSCOM AI Game Changer Awards – Best 50 Innovative Applications in AI

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Overview This report is a compendium of the Top 50 AI Game Changer Solutions. It covers the best use cases we received as part of the first NASSCOM AI GAME CHANGER AWARDS 2018, applicable across verticals and horizontals. The purpose of this compendium is to restate the growing significance and impact of AI applications and to ascertain India as a emerging hub for innovative and transformational AI solutions and investments.