IT MNCs: The Explosion of New Technologies


IT MNCs: The Explosion of New Technologies

Bangalore: It has been a challenging and dynamic year for the MNCs in the country. The industrywitnessedan increase in the implementation of administrative applications and cloud across many sectors. The explosion of new technologies like BYOD compelled organizations to start building the infrastructurerequired to support the use of multiple devices in the workplace.On the other hand, storage software,which has been the key focus segment for the IT saw significant progression in terms of, upsurge of software-defined Datacentre and related technologies, SDN, server-side caching and Cloud storage.

Large institutions such as banks and financial organizations have started to focus on identity and access management solutions to adaptregulatory and compliance requirements.Whilethis has becomecritical for many organizations, the provision of a right solution failed to come-up. Consequently it became expensive and time consuming to carry out, which affected both customers and vendors.

“One major change that we had anticipated in 2013 was the rapid adoption of cloud in India. However, the adoption rate has been slower than expected and this has primarily been due to the business dynamics prevalent within specific industries,” says Binod Singh, President & CEO, Ilantus. “In 2014 we expect that customers will certainly look to invest more in new technologies that would help to drive business efficiency. However this spending will also depend on the options available to them with regard to purchasing models. While customers might be hesitant to make large investments in cloud we have found that they are more open to adoption that allows pay per use and consumption based pricing models,” he added.

The industry is alsotaking a shift towards ‘software defined everything’ thatcan be anticipated as the most promising trend for 2014. Itis going to be an Identity Management year especially for sectors such as banking, finance, manufacturing and IT/ITeS. According to Parag Kulkarni, Vice President of Calsoft, “Big data will become bigger and will find more alignment with storage technologies while All-flash arrays will lead in terms of adoption numbers and profitability for vendors. The year will also see what is called hyper-converged storage.” With the implementation of these new technologies, it is going to be an interesting year ahead for the companies in India.

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