Big Data, Cloud, Mobility to Drive New Capabilities

by CXOtoday News Desk    Dec 13, 2013

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Businesses worldwide are betting on emerging technologies to accelerate their growth. IT/ITeS body Nasscom has recently said that in India, technologies such as big data, cloud and mobility have the potential to create new platforms for enterprises to develop new business capabilities across verticals. At the first edition of its Annual Technology Conference 2013 (ATC-2013), the industry body focused on emerging technologies with an objective to encourage businesses to move beyond their conventional limits and disperse significant information.

“The convergence of these three areas — big data, cloud and mobility — will create a new platform for enterprises to develop new business capabilities across verticals. These capabilities will enable a more integrated view of Indian IT architecture,” Nasscom President Som Mittal said at the conference.

The industry body that already declared that it aims to achieve revenues of $300 billion for the IT industry by 2020 believes it is possible to achieve this target only with the advancement of web and mobile technology, big data and cloud computing. “This conference is a major step in this regard and aims to showcase the roadmap of the technological advancement in the country,” said Mittal.

Speakers at the conference highlighted the emerging and established platforms pertinent to the blue chip companies which are employing big data technology. According to Nasscom, the big data ecosystem will continue to evolve in the coming months through sustained investments as well as by strengthening existing technologies and building a strong talent pool. Earlier this year, Nasscom, in association with Crisil released a report on the big data market in India, which it said is slated to grow from $200 million in 2012 to $1 billion in 2015, and will present a huge market opportunity to different industry sector in the country.

In June this year, Nasscom formed the Analytics Special Interest Group with a group of thought leaders across industry, academia and government for positioning in India as the Analytics hub for the world and help build holistic strategies for talent and skill development. It is also working closely with industry and government to strengthen cloud computing capabilities in the country.

[Read: Nasscom launches new skill-based initiatives for IT/BPM sector]

ATC also focused on the prevalence of mobile computing and trends such as BYOD and how companies should emphasize on the security issues when looking at their mobile strategies.