Insights

Challenges in adopting RPA for Indian Market

Robotic Process Automation Market in India

Robotic Process Automation market demand in India will increase at a CAGR of more than 20% in the next coming 5 years 2019-2025. Indian RPA market is lagging behind the global market (North America and Europe regions) we expect this to the gap to reduce over the next few years. we try to focus on a few challenges related to the Indian scenario and what should be the approach to be adopted for RPA Vendor and Services partner.

Challenges for RPA Adoption

What is Shaping Retail and Consumer Electronics Industries?

The Global Consumer Electronics market started to realize many paradigm-changing innovations for the last few years like 5G, Extended Reality, Blockchain, etc. While the COVID-19 Pandemic has slowed the spread of Innovation in most of the cases, it also has boosted the demand for some of the Consumer Electronics and Smart wearables embedded with sensors that monitor various health factors.

Platformation & Platform Engineering Automation – Speed-to-market and innovation

One of the most common challenges faced by organizations to adopt a platform strategy is speed-to-market. Speed-to-market means bringing software upfront that can-do various things and quickly delivered.  Developing everything from scratch all the time takes more time to losing to competition. Customers and service integrators must resort to platform way of envisioning and delivering features that involve low/no-code development environment resulting in high quality and speed to market.

How Is Blockchain Relevant for Large Enterprises?

Enterprises are becoming more heavily focused on Blockchain for their strategic initiatives. A recent report found 75% of executive respondents are looking at how they can use Blockchain to their advantage. Only 1% reported Blockchain was not relevant to them. 

However, despite the interest in Blockchain, majority of the enterprises are still unclear about Blockchain technology and 30% are struggling to get started. Hence taking a balanced approach will be critical to success. 

Building a Resilient Supply Chain

The Covid-19 pandemic has crippled the global supply chain systems causing Supply network disruptions for many organizations across the world.While Some organizations like the largest Milk co-operative of India successfully sustained the COVID Impact, Organizations across the globe are penning alternative Supply Chain and sourcing strategies to sustain future risks based on the foreseen scenarios.