Technology Trends and Market Growth Predictions for 2017
The past few years have seen the global IT landscape make rapid progress, rapidly improving how enterprises are run through innovations and solidification of existing technologies. Convergence of technologies and rise of third platforms has redefined how IT is seen by businesses across sectors today. Improvements and enhancements in traditional IT infrastructures and datacenters have been substituted by cloud bases SaaS, PaaS, IaaS solutions. The face of information technology is changing fast with the proliferation of internet across geographies and rise of mobility in enterprises.
Domestically, the IT landscape has moved forward in leaps and bounds, fuelled by the Government backed digitization. Initiatives like ‘Make in India’ and ‘Digital India’ are enabling the enterprise world to grow at a globally unparalleled speed, at the same time catalysing the consumer and end user. A surge in Start Ups across domains, proliferation of smartphones, rise of the cloud and the oncoming age of IoT are set to redefine how technology influences businesses.
With the rise of third platforms redefining traditional IT, CIOs and ITDMs have a plate full like never before. 2017 promises to be the year when many technologies and their significance to businesses and end users finally come to the fore. Enterprise level ICT adoption and implementation has been growing like never before and information technology is not a single topic of discussion in the boardroom anymore. With the immense promise that the incoming year holds and a bullish Indian IT Landscape, we take a look at what the Industry believes is in store for the enterprise IT world in 2017.
Enterprise IT Infrastructure
The enterprise IT infrastructure has now matured into a hybrid of cloud and on premise. Cloud has been making inroads in businesses across all sectors. As enterprises move towards a data driven culture, and increased mobility across verticals, cloud based solutions are on the up. Enterprises are starting to adopt the third platform and CIOs have been finding new ways to reduce downtime and keep adapting to changing preferences of consumers.
2017 is expected to be a watershed year and the IT spending in the country is being forecast to cross USD 72Billion. Verticals that are expected to drive this growth include the communications, media & services, banking & securities, manufacturing, healthcare and utilities. Cloud is no longer optional for enterprises and has emerged as the preference of the massive number of start-ups in the country.
One of the key trends expected is the growing inclination of enterprises towards the public cloud which gives them more control, freedom over their data as well as protection and governance. SaaS and IaaS are expected to be the norm in 2017 and this will be the cased for businesses big and small. As enterprises look for turnkey solutions for managing storage across their hardware, software-defined storage will enable them to merge their cloud and on-premises strategies. Another key transformation expected to take place is the increased need to have a compliant and secure infrastructure as 2017 would be the year when enterprises reevaluate their infrastructure in lieu of the European Union’s General Data Protection Regulation (GDPR). All in all, organizations will be adapting to the changing global markets and the increasing adoption of cloud computing along with moving larger amounts of data in the cloud.
greytHR is India’s first HR & Payroll software company to migrate to the cloud. We largely serve SME customers.
With over 22 years of industry experience, we deeply understand the HR and payroll domain. Unlike other companies, we are a highly focussed business and do nothing else. Due to this and the continuous feedback from thousands of our customers, our solutions end up being user-friendly and highly relevant to their needs.
While our customers appreciate the cutting-edge technology solutions that we deliver, they love us for our dedicated, patient and highly responsive support team.
- Fact Sheet:
- Product: GreytHR
- Team size: 158
- Corporate office: Bangalore
- Regional offices: Mumbai, Pune, Delhi, Chennai, Hyderabad & Dubai
- Corporate website: www.greytip.com
- greytHR website: www.greythr.com
Co-Founder & CEO
Co-Founder & CTO
We have six offices throughout the country, along with an office in the UAE.