Most businesses and IT decision-makers in large corporations are positive about the business outlook in the next 12 months. Retailers, manufacturers and wholesalers are planning to deploy more of disruptive technologies to accelerate digital transformation and boost sales.

1. wwww.etailingindiaexpo.com
eCommerce and Retail lay
stress on Disruptive
Technology
Most businesses and IT decision-makers in large corporations are
positive about the business outlook in the next 12 months. Retailers,
manufacturers and wholesalers are planning to deploy more of disruptive
technologies to accelerate digital transformation and boost sales.
Disruptive Technology at the Core of Sales
Retail and eCommerce companies have extensively applied IoT and big
data to capture real-time business intelligence from all the touchpoints
and overcome business blind spots in the ecosystem. Though combining
IoT and big data is far from new, it is the recent extensive application of
these disruptive technologies that is proving to be a game changer for
the supply chain.

2. wwww.etailingindiaexpo.com
Bengaluru remains home to the highest number of multinational R&D
centres and talent pool in India. Apple plans to set up a facility in India
to make iPhones for the Indian market. From Twitter to Facebook,
Gionee to Mapr, internet and electronic giants have lined up to bolster
their India Presence and work on product innovations. “New
technologies like big data & analytics, mobility UIUX (user-interface
experience), machine learning, artificial intelligence and cloud are really
disruptive, and the need to do R&D in India in these areas will rise
sharply,” Anand Subramaniam, program manager at Zinnov, says.
India as the Startup Hub
India is home to the third largest number of technology-driven start-ups
in the world, with the US and the UK occupying the top two positions,
according to a report. The awareness that a start-up is a vehicle of rapid
growth through technological disruption and innovation has spread
across the economy. Syncing ‘Startup India’ with ‘Make in India’ and
‘Digital India’ initiatives has the potential to expand the domestic
ecosystem for new entrepreneurs further. Tax exemption for research
and experimentation to encourage fresh ideas will provide much needed
impetus to R&D in India.
Conclusion
eCommerce and Retail is dependent on technology like before and need
of disruptive technologies make it imperative for MNCs to use India’s
huge engineering talent pool.