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TECH BYTES – Monthly Tech Industry Bulletin October 2022

October 3, 2022 3672 0 nasscom insights

TECH BYTES – Monthly Tech Industry Bulletin   October 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.

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Key Highlights

What is New @nasscomR

Highlights from NASSCOM Reports Released in September 2022

  1. India Technology Industry Compensation Benchmarking Survey Findings: 2022
  2. The Future Growth Sectors in Digital Engineering

 

Theme of the Month: NASSCOM AI ADOPTION INDEX 2022

Key Insights

  • Industrials and Automotive sector have traditionally lagged in its AI adoption pace but is gearing momentum with focus on PoC-to-production, formal AI strategy, and Cloud investments
  • 30% of the surveyed BFSI companies, across size and sub-sector classification, are yet to begin a planned AI journey and are still exploring AI for applicability, viable use cases through PoCs, and a clearly explainable RoI
  • Retail sector in India, contributing about 10% to India’s GDP shows great promise for future growth. It is expected to touch $1.4 tn. by 2024

 

Leader Talk: Discussion Series with Industry Experts on Niche Areas of Technology

1) Key Trends and Insights shaping the Indian Technology Sector

2) AI-driven Automation Post Pandemic | Artificial Intelligence | Automation | Tech Talks

3)Future of Work Implications for India's Tech Industry | Tech Talks with NASSCOM Insights

Tech Industry Insights- Trending Industry Themes

  • Tech Trends: Launch of CoE for Digital Workplace which will act as a testing and validation center for digital tech platform designs and solutions
  • ER&D Trends: Companies are opening ER&D centers in India and abroad in the area of automotive and healthcare

Tech Start-ups: Global initiative launched by government to help and grow start-up

Community by nasscom Insights is focused on building the largest online community catering to the Indian technology sector. The purpose of the community is to bring the latest trends and discussions onto a single platform. Our passion for tech drives the free-flowing exchange of ideas and visions from industry leaders and game-changers across India.



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