India has the world’s third-largest fintech ecosystem. However, for this ecosystem to truly flourish, robust partnerships with BFSI organisations are essential.
How do BFSI organisations in India strategically align with fintechs and what are the major collaboration challenges they face? The Big5 CIO Priorities India ’24 Study sheds light on some of these trends.
Wondering how India’s tech leaders are navigating the dynamic world of artificial intelligence (AI)? The latest findings from the Big5 CIO Priorities India ’24 Study offer a glimpse into the strategies employed by these industry giants.
According to the study, there’s a noticeable surge in investments in AI, highlighting a strategic shift towards embracing cutting-edge technologies. From streamlining operations to enhancing customer experiences, AI is being harnessed across various sectors to drive innovation and efficiency.
Tech teams across enterprises are not just dabbling but actively embracing AI, integrating it into their core operations. This proactive approach underscores a recognition of AI’s transformative potential and its role in shaping the future of business.
Where is cloud adoption headed in India? Dive into the insights from the Big5 CIO Priorities India ’24 Study to uncover trends in hybrid and public cloud adoption, and other crucial aspects of organisations’ cloud strategies.
According to the study, a significant 80% of organisations have embraced a hybrid, multi-cloud strategy, showcasing a strategic blend of private and public cloud services. Despite this, there remains a robust interest in public cloud solutions, highlighting the appeal of their scalability and flexibility.
Additionally, the study reveals that 69% of organisations prefer a cloud-first approach when introducing new services. This shift signifies the growing recognition of cloud computing as a foundational pillar for innovation and growth among Indian businesses.
As India’s digital landscape continues to evolve, understanding these cloud adoption trends becomes paramount for organisations looking to stay competitive and resilient in an increasingly digital-first world.
The Big5 CIO Priorities India ’24 Study reveals the pulse of India’s top technology leaders, offering insights into the country’s technology roadmap.
The study reveals that while a substantial 86% of organisations plan to augment their investments in cybersecurity in 2024, a comparatively modest 30% will prioritise SecOps and security analytics.
