Digital Transformation Spending To Grow

Businesses are driven by data, process and people and there is a demand to undertake digital transformation. Market data reveals organisations around the world spent close to $1.2 trillion in 2019 on various digital transformation initiatives, and this is expected to grow at about 20 per cent per year for the next few years.

ManageEngine is in the business of managing technology infrastructure end-to-end, and it believes more companies adopting technology for their digital transformation presents a massive opportunity. The company works with public and private sector majors such as Indian Overseas Bank, Bharat Petroleum, Bharat Heavy Electricals Limited, Reliance and Aditya Birla Group.

You might also be interested to read: IRCTC Stock Zooms 500% Over IPO Price In Four Months

Rajesh Ganesan, VP, ManageEngine told Telangana Today, “Technology is applied in all walks of life today, and most organisations start by implementing technology for purposes such as faster communication, easier collaboration, and job automation to drive productivity and efficiency. The key thing here is how well the leadership understands the business transformation they need to undergo, and whether they know how to optimally apply technology to achieve that transformation.”

Source: Telangana Today

Comments are closed.