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NIIT Technologies strategize to focus on Digital Services

India: NIIT Technologies announced to increase its focus on providing excellent digital services to its clients.

The company reported that the digital services division contributes 15% to the company’s turnover, which was negligible three years ago. The company is working along with its clients to build front end capabilities.

Last year, the company has set-up IoT lab with an aim to work with its clients to proof the concepts. As well, to focus on building prototypes which can provide robotic solutions. To fulfill the mission of ‘robotic solutions’ the company recently partnered with London-based firm UiPath, a firm which provides robotic process automation.

The company strategize to strengthen its digital services division by providing digital experience solutions across cloud, analytics and digital integration.

TechSci Research depicts that the growing adoption of cloud services by both enterprises and SMBs. The technology giants and start-ups are providing the world-class software-as-a-services (SaaS) cloud offering to the customers. As well, the companies are focusing on other digital services such as Analytics, IoT, mobility, and so on.

NIIT Technologies focus on digital services is in line with the market trends and it is expected that the strategy will have a positive impact on the company’s revenue and market share.

A recent report published by TechSci Research, “India Cloud Computing Market Forecast and Opportunities, 2020” discusses the market for cloud computing services in India is anticipated to grow at a CAGR of over 22% during 2015-2020. SaaS is set to top the charts as the largest cloud service segment, occupying over 40% share in the market by 2020. Further, Indian technology firms will sharpen their focus on providing cloud solutions to the clients in India as well as overseas.

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The United States IoT in Manufacturing Market is rising due to increased automation, data-driven insights, and efficiency improvements in the manufacturing sector during the forecast period 2025-2029F.

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