SRM Technologies CEO talks on what’s ahead on industry

The difficulty for mid-sized businesses to expand and scale is getting lower. In today’s IT environment, agility and expertise are given increasing prominence, assisting businesses in recognizing the benefits of strategic alliances. The SRM Technologies CEO, Anand Kashyap, offers his viewpoints on the industry’s future prospects and what to anticipate.

SRM Technologies CEO

2023 Global IT Investment Trends – What are companies aiming for?

The amount of money being invested in digital technologies to enhance consumer experiences, operational effectiveness, and business resilience has significantly increased. Businesses willing to take a chance by taking calculated risks and making strategic investments see this as an opportunity to overtake industry leaders in terms of market share. In order to complement their IT infrastructure and long-term objectives, they also consider using cutting-edge solutions that are less complicated yet more durable.

What challenges might impact the IT Industry in 2023?

While there is a lot of potential in some of the new areas and we anticipate the industry to grow steadily, firms have become robust to problems like supply chain disruptions, skill shortages, uncertain inflation, and cyber risks.

To prepare for disruptions, focus on internal skill training, retain talent, and accept shifting work paradigms, the leadership must make a stronger commitment.

How are digital innovations propelling the growth of key industries today?

Consumer goods would be one of the major industries to gain from a digital-first strategy since there is plenty of room to deliver new and enhanced solutions to changing customer expectations. In order to improve marketing, sales, and operational decision-making, there is an increased dependence on data, automation, mobile innovation, AI/ML, and AR.

Similar to other industries, the automotive industry is already undergoing a considerable shift thanks to technologies for connected, automated, and electrified vehicles. In order to provide intelligent functionalities, smart conveniences, and cost-effective optimizations, traditional automakers are also adjusting to the “software on wheels” shift and relying on new technologies & architectures.

How is SRM Tech gearing up for growth in 2023?

Our expansion aspirations are fueled by a rising need for a technology partner that fits, and the price of hiring top people is also levelling off. Customers today favour partners who respect the company, consistently deliver results, and effectively overcome obstacles in a fast-paced business environment. With our ongoing emphasis on multi-skilling and elevating talent, enabling inclusive decision-making, and enhancing our differentiators to increase company performance in the upcoming year, we are able to successfully meet those objectives.

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