Cloud-native application development has emerged as a central ingredient of technology modernization elements of business transformation across industries. According to analysts at IDC, enterprises that have implemented cloud-native application development strategies witnessed a marked increase in efficiency, scalability, and productivity, as well as improved user experience.
Read MoreIn a 2021 IDC study that analyzed 446 businesses across the globe to measure the efficacy of migrating to the cloud versus modernizing existing mainframe systems and applications, the case for the latter won the day. The researchers found that, in many cases, re-platforming applications in the cloud is often riskier and more expensive than modernizing existing mainframe investments.
Read MoreNetworks have been commoditized over the last few years and the cost of connectivity has fallen. Value has shifted from network infrastructure to the services built on top of the network. This has led to significant interest in the network-as-a-service (NaaS) market. Global technology intelligence firm ABI Research expects this market to expand significantly reaching over $150 billion by 2030.
Read MoreThe Indian software market grew by 16.0% year over year (YoY) in 2H19 (July- December of 2019), compared to 2H18 (July- December of 2018). However, the YoY growth is estimated to fall to 3.8% in 2H20, with a CAGR of 7.6% from 2019 to 2024.
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