Future-Proofing Tech Business In India

The pandemic has been a tailwind to the digital growth. The enterprise technology firms are well on their way to digital destiny, as most of the services and products across the industries and around the globe are either built on digital delivery models or need digital capabilities to stay relevant in such a dynamic business landscape. According to an IDC report, more than 65 percent of the global GDP is set to be digitized by 2022, attracting $6.8 trillion of IT spending. This will be largely driven by the burgeoning demand of connected technologies and employee experience amidst work from home models. Meanwhile, India is commanding the global sourcing industry, accounting for approximately 55 percent market share of the US' $ 200­250 billion global services sourcing business in 2019­20. Delving deeper into the statistics, the Indian IT & BPM companies have already established over 1,000 global delivery centers in about 80 countries across the world.

Tech Companies of the Year - 2020

The pandemic has been a tailwind to the digital growth. The enterprise technology firms are well on their way to digital destiny, as most of the services and products across the industries and around the globe are either built on digital delivery models or need digital capabilities to stay relevant in such a dynamic business landscape. According to an IDC report, more than 65 percent of the global GDP is set to be digitized by 2022, attracting $6.8 trillion of IT spending. This will be largely driven by the burgeoning demand of connected technologies and employee experience amidst work from home models. Meanwhile, India is commanding the global sourcing industry, accounting for approximately 55 percent market share of the US' $ 200­250 billion global services sourcing business in 2019­20. Delving deeper into the statistics, the Indian IT & BPM companies have already established over 1,000 global delivery centers in about 80 countries across the world. Another promising, futuristic fact is that the country has gradually become the digital capabilities hub of the world with around 75 percent of global digital talent present in the country. It's no coincidence that India had four unicorns during the pandemic. With an ever increasing demand for digital capabilities from inside and outside the country, Indian tech-companies are expected to continue their sparkling form. Recognizing the pivotal progressions and developments in the Indian technology ecosystem, CIO Insider has come up with the yearly special issue, `Tech Companies of the Year - 2020'. The list comprises companies that have shown immense proficiency in adapting to the new normal, finding alternative revenue streams without compromising the quality of deliverables, and future-proofing their endeavors. The following list has undergone strict scrutiny by a panel of experts that include industry veterans & subject matter experts, CMOs, CEOs, analysts, and the CIO Insider editorial team. Let's get in.