TECH BYTES – Monthly Tech Industry Bulletin January 2023

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 and Industry Facts

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Key Findings

What is New @nasscomR Highlights from NASSCOM Reports Released in December 2022

Gen Z And Millennials: Reshaping The Future Of Workforce
Modern Project Management In Indian Tech Industry - Driving Impact In The Hybrid Age
Sandboxing Into The Future – Decoding Technology's Biggest Bets
Quarterly Industry Review – December 2022

Theme of the Month: Sandboxing Into The Future – Decoding Technology's Biggest Bets

Key Insights

Technologies of the Future
- Global market comprises of technologies at varying levels of maturity, reflecting differentiated momentum
Regional and Vertical Technology Focus
- Certain verticals demonstrate higher adoption of technologies that themselves have a cross-vertical adoption trends, such as autonomous analytics
Buyer’s Perspectives
- Buyers expect the share of emerging technologies in IT budgets to grow 3x over medium to long term, driven by increased focus on innovation and higher efficiency of these technologies
Technology Industry Leaders’ Perspectives
- Indian & Global tech firms highlighted differing priorities, with focus on a mix of broad-based and niche-focus technologies

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

DeepTech Start-up Ecosystem in India.
Panellists: Ignitarium, Tredence
How Gig Economy is shaping the Future of Work | Gig Workforce 2.0
Panellists: Marico India, Unicommerce
Tech Bytes – Monthly Tech Industry Bulletin

Tech Industry Insights- Trending Industry Themes

Tech Trends: Indian IT companies continue to focus on international expansion through business centers.
ER&D Trends: Indian ER&D companies are opening engineering centers across the world. Indian ER&D companies are helping companies digitally transform their processes
Tech Start-ups: Majority of 84000+ Government recognized start-ups belong to 5 states. Private space start-ups in India submitted 170 requests to the Indian National Space Promotion and Authorization Center (IN-SPACe). Maruti Suzuki, IIM Calcutta to ‘Nurture’ new start-ups to co-create new solutions.

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