India’s MSMEs are the backbone of the country’s socio-economic development, contributing significantly to the GDP and employing over 40 percent of India’s workforce. The problem statement with the modern MSMEs have come to understand why a strategic approach to digitalization is key to future-proof their business success. And a number of Indian MSMEs are turning to cloud-based solutions to help them unlock more value from their data and increase focus on their core business.
Indian MSMEs have started embracing modern technologies more proactively. Cloud transformation is simply the process of moving your work to the cloud, including migration of apps, software programs, desktops, data, or an entire infrastructure in alignment with the business objective of the organization. With this the hybrid work environment is going to continue, where employees can access the same resources while working remotely that they could access while working from the office. We have seen more and more MSMEs fast-tracking their automation and digitalization efforts. On this backdrop let’s hear from the industry experts.
MSMEs- the pillar of the Indian economy
Punit Thakkar
MD & CEO, Shivaami Cloud Services
The key trends
Known as the backbone of the country’s socio-economic development, MSMEs contribute significantly to the GDP and ensure employment to over 40 percent of India’s workforce. By moving to cloud solutions they have enhanced and stabilized their growth in the market. MSMEs were able to add more value to their data by using cloud solutions. With the use of the cloud, we will see the following trends in the MSMEs market:
Cloud will act as a catalyst for business efficiency and agility
Use of data analytics tool to study the market
Cloud to scale the customers’ business
Cloud solutions has changed the way businesses function in India and all over. By shifting to the cloud, you basically moved your apps, software programs, desktops, and data and aligned your entire business infrastructure on the cloud. As the working scenario has changed over the last few years, hybrid mode became a necessity. Cloud helped businesses in the transformation to the hybrid model. Now businesses would work from anywhere at any time with the cloud. Therefore MSMEs were able to continue to fulfill the demands of their consumers. As a cloud solution vendor, we can help customers in understanding the power of cloud solutions and help them in upgrading to one.
The latest technology adoption trends in MSMEs
MSMEs are the pillar of the Indian economy. They help in generating employment at the local level and are very important for a country like India. But in the last few years, the world has faced an unusual situation that forced MSMEs to move to the cloud. Cloud solutions helped them in streamlining their business from anywhere at any time. It assisted them in expanding their market reach at domestic and international levels. With these technological trends in place, MSMEs will be able to make a place for themselves in the market:
New Tools for Marketing:
With the increase in the growth of technology and the accessibility of the internet, MSMEs are learning to focus and enhance their presence in the market by creating a website, using WhatsApp for Business, and much more in order to connect with the customers.
Make a financial plan for the future:
Prepare a financial plan for your business, in order to save your business from uncertain situations. Alter your existing financial strategies to make up for any shortcomings. Keep a check on the competitors, as to how they plan for the future. These are some of the adoption trends in the Indian MSME market, which has helped in strengthening their relationship with the customers.
For a faster Go to Market approach MSMEs leveraging Cloud Solutions
Nilanjan Sengupta
Director Sales-East DigitalTrack Solutions
The key trends
Containers and Cloud Native technologies will be more relevant for many organizations as per Forrester. These will help organizations a very agile way to deploy and manage virtual computing applications on cloud. Cloud Native Security Solutions will be very relevant going forward with more and more adoption of cloud solutions. Hybrid Cloud is also an avenue many of the organizations will chose, based on their business strategy.
Cloud to scale the customers’ business
Scaling business applications horizontally/vertically is the biggest addition you bring with adoption of Cloud as a platform, scaling being available to you any time of your business journey. As of now one of the biggest causes used by any organization for adopting Cloud is SCALABILITY. Gone are the days, where for Simple Addition of some applications will need a huge amount of planning time, infrastructure procurement timeline, in house manpower addition and training, and overall expense for all the mentioned points. With Cloud these types of scaling can happen effortlessly.
The latest technology adoption trends in MSMEs
Indian MSMEs are getting shown the way to Cloud by Indian Govt as well, due to right reasons. MSMEs should adopt latest technologies in the right form and shape, to grow in a much faster pace than they are / were now/earlier. However there may be some who are still thinking twice getting into technology, but things are changing as we see. MSME / SMB market are turning the way and getting into more and more technical solutions for getting their business roadmap elongated and more fruitful. Cloud Adoption, Security Implementation, Hybrid work, etc are few of them which are in active discussion with similar verticals nowadays.
MSMEs are adopting Cloud Solutions, for a faster Go To Market, and reliable growth strategy. Large Enterprises are adopting Cloud, on the other hand, on more strategic way, for very specific business workloads and in a very focused/structured way.
OPEX based business model in the cloud offerings attracting customers
Vishal Shah
Co-Founder and CEO Synersoft Technologies
The key trends
Three types of data points are setting the trends:
The proliferation of the Internet across the country is an important data point to watch for. With the Jio revolution, the Internet is commoditized. That brings natural convenience to adopt and depend on cloud computing.
The awareness about cybersecurity. Double-digit growth in cybersecurity solutions indicates enterprises' changing mindset and inclination toward cloud computing.
The quantum of investment flowing in to create the cloud infrastructure in India is the third data point to watch for. With the "Data Localization Policy" in place shortly, expect tremendous demand for local data centres to facilitate local cloud infrastructure. The availability of local cloud infrastructure will decide how soon and conveniently enterprises' can transform to Cloud Computing.
Cloud to scale the customers’ business
We have invested in cloud infrastructure in data centres. The first and foremost reason for our customers to explore cloud computing is the OPEX based business model in our cloud offerings. Our OPEX cloud offering, compared to the on-premise CAPEX offering, makes it convenient and cost-effective. The second reason is the flexibility to upscale or downscale the usage according to the business conditions. Our cloud offerings ensure Instant scalability on either side. The third reason is the changed mindset post-covid leading to a preference for working from home or remotely. Our cloud offering is a Single-Cloud - Single-Agent solution to access File Data, Application Virtualization, Email Data, DLP, and Remote Access. It provides holistic solutions to transform the business entirely in the cloud without integrating multiple-cloud - multiple agents.
The latest technology adoption trends in MSMEs
I see the latest technologies being adopted by MSMEs are disruptive. MSMEs now have choices. The OEMs are now designing products specifically for MSMEs. It was never the case earlier. The products were designed for large enterprises and were meant to be used by IT Professionals. They were loaded with several features suitable for large scale usage and required IT talent to integrate, implement, and maintain them. MSMEs had to pay for the features they were never going to use due to the smaller scale of their usage and struggled to engage IT talent that never aspired to work for MSMEs. Impressed by the sheer volume of business in the MSME sector, now OEMs launch DIY (Do It Yourself) products with minimal features meant for MSMEs. To list a few such disruptive technologies, IT in a Box or IT as a Service solution for standardizing IT infrastructure, device hardening solutions for DLP, dual profile systems for BYOD, and application virtualization for remote access are the most prominent.
MSMEs swifter in decision making than large enterprises
Jigar Sanghvi
MD, Sanghvi Infotech
The key trends
As far as cloud services are concerned it may touch almost 10 billion dollar ,software as a service (SAAS) will contribute major growth in cloud services, for startups and new companies will not require huge Hardware setup and investment for that and finally we can see major transformation or changes in
1. Application and data modernization. 2. Hybrid cloud deployment
3. Analytics 4. SAAS implementation.
Cloud to scale the customers’ business
Cloud services will release capex burden , which can be utilized exactly where it is required and outdated old services will be replaced so the capex part which used to be 80% , will come down to 20% and scalable services will provide the cushion to expand exponentially without much ado.
The latest technology adoption trends in MSMEs
The latest technology adoption trends are definitely cloud services, artificial intelligence, Big Data, Digital customer Experience, Block chain technology, creating E-commerce into the ecosystem, Decentralized finances using leading crypto currencies etc. are the leading tech trends.
MSMEs are more agile and swift on decision making than large enterprises, so cloud adoption to MSME is much faster and MSME are thinking if it is done today then why we have not done Yesterday, dependability on others are less, decision time, savings vs Risk taking capability is more in MSME so adoption is taking much pace in this space.
MSMEs hold a 30 percent share in India's GDP
Dnyanesh Kulkarni
Director, Deltakraft Solutions
The key trends
As the industry is moving ahead on technology, one of the most common cloud computing trends to look forward to is AI. It will have significant importance in future.
Cloud to scale the customers’ business
We have started Defining a formal cloud strategy for our customers after in-depth discussions with their technology team. After the in-depth discussions with clients, we are Designing cloud infrastructure as per the requirement of applications used to get maximum speed and highest business values out of it considering the ROI.
After the adoption Cloud enables access to new skills/versions of software/solutions provided, Risk and compliance problem is resolved, customer cost of ownership is optimised, IT is always on current platform
The latest technology adoption trends in MSMEs
The MSMEs have a 30 percent share in India's GDP as per the records. Slowly but firmly, it is moving towards modernisation of technology including Cloud as well as Digitisation methods which our country is adopting.
Adoption of cloud is picking up the pace in Enterprise segment.In MSME Space though the adoption is slow and not as per expectation it can be the major factor in coming years immensely in uplifting the socio-economic growth in various sectors of our country.
MSME’s transitioned from Cloud scalability to elasticity
Biswas Nair
Founder & CEO, Inspirria Cloudtech
The key trends
There are lot of predictions from analyst to technology vendors on the key trends in technology especially computing power, quantum computing, smarter devices, AI, Machine learning and datafication to name a few. We still have a long way to go with leveraging the digitalization strategy especially with Cloud technology being the key propeller to achieve business strategy success.
Cloud to scale the customers’ business
Scalability is the inherent capacity of a system to cater to growing demand by adding more or bigger computing resources. This term “scalability” was coined to describe the ideal state of the architecture that is growth-friendly for successful startups or MSME in India. A scalable cloud architecture is made possible through virtualization. Unlike physical machines whose resources and performances are relatively set, virtual machines (VMs) are highly flexible and can be easily scaled up or down. They can be moved to a different server or hosted on multiple servers at once; workload and applications can be shifted to larger VMs as needed. Third-party cloud providers also have all the vast hardware and software resources already in place to allow for rapid scaling that an individual business could not achieve cost-effectively on its own.
The latest technology adoption trends in MSMEs
Post pandemic the MSME’s have transitioned from Cloud scalability to elasticity. Elasticity refers to the ability of a system to drastically change computing capacity to match an ever fluctuating workload. Systems are configured so that clients are only charged for consumed instances, regardless of sudden bursts in demand. In an elastic system, you pay for what you consume. This is pretty relevant in a start-up environment wherein a new launched mobile/web application needs to react to their system usage with increased user surge or in the traditional set up retail business who have to be elastic with seasonal buying behavior patterns.
Pandemic increased the adoption of cloud
N K Mehta
MD & CEO, Secure Network Solutions India
The key trends
Physical office is no longer the necessity. Virtual offices, meetings, teams and collaboration are acceptable. Focus has turned towards achieving productivity than putting everybody in a room to work. Are the right people, doing right things (effectiveness), and doing things right (efficiency) are the questions. Access to corporate resources, maintaining confidentiality, and integrity, liberating them from a physical work place, and yet achieve the highest productivity is the key trend to watch. Remote productivity products are sure to see an uptrend.
While some companies have reported increase in productivity, many are facing productivity challenges. As a result many large corporate are trying to bring the workforce back to office, even for few days a week. So Hybrid trend is what is going to follow in future.
Remote working has shifted focus from perimeter security to end point security and hence EDR products would be a key focus. Automation of threat management would also be another trend to watch.
Cloud to scale the customers’ business
Public Cloud offerings are yet to become practical and economical. Prices have to come down to increase the reach. Financially stable and profitable companies have adopted cloud for Mail, CRM, ERP, and HRMS. Hybrid environment widely exists. Converting them into 100% cloud will take some time. India based companies whose target customers are in India, can move their infrastructure to India based service providers offering collocation services as the first step towards building (private) cloud. In a lighter note, due to pandemic, romancing with cloud has increased in a big way however marriages are not happening at same pace and romancing would still continue for some time.
The latest technology adoption trends in MSMEs
From the business applications point of view, mail, CRM, ERP, and HRMS are the new adoption trends. Collaboration tools such as Microsoft Teams and Cisco Webex are in vogue. From the Cyber Security point of view, SSO/MFA, Cloud based DLP, SASE/SSE, EDR, and Cloud Firewalls are in trends. MSMEs offering Web based services are utilizing Cloud based DDoS, WAF, and CDN facilities.
SASE and Cloud-based disaster recovery practices see high demand
The key trends
Cloud computing has grown in popularity and adoption during the last few years. This trend can be traced back to the pandemic, which has compelled many companies to go digital and adopt the work-from-home & hybrid model. Some big cloud trends that will continue to expand and affect the industry in the future years include:
Integration of AI & ML to Cloud and Automation: Cloud technology has been a huge catalyst in enabling and expanding AI, ML, and automation. They are also crucial driving elements in AI and automation adoption since they can provide low latency and on-demand services, as well as superior data management and processing capability.
Organisations will embrace Multi-Cloud: The multi-level cloud has gained a lot of popularity in the IT world in recent years. Cloud computing is now being adopted by a growing number of enterprises. The multi-cloud is projected to become Omni-cloud in the future years as more portable apps enable smoother connectivity.
Enhanced Security and Compliance: Businesses are increasingly concerned about security and compliance of their cloud infrastructures. Enhanced security features and compliance credentials are being offered by cloud providers in response. As a result, Secure Access Service Edge (SASE) and Cloud-based disaster recovery practices are in high demand.
Cloud to scale the customers’ business
While we do not distribute Cloud Hosting services - but we have started a practice where we focus on technologies which enable cloud adoption. We are building a stack which includes the entire spectrum of technologies which make cloud adoption quicker, safer and scalable. These technologies range from on one side helping customers evaluate the decision to move to cloud to helping customers migrate to cloud and once the data is on cloud manage the data in terms of securing the data and its access as well backing up the data - these have now been with us for a couple of years now and we have seen significant successes post the pandemic time. Now we have expanded to technologies which hep customers automate and optimize their cloud deployments. We believe with this entire spectrum we will be enabling partners to help their customers to scale their cloud stories.
The latest technology adoption trends in MSMEs
MSMEs are a significant contributor to the Indian economy, and the need for technology to change and promote growth in the MSME sector, particularly in the nano and micro enterprise sector, is clear. MSMEs are undergoing substantial transformations as a result of new-age technologies like AI, data analytics, ML, and financial and accounting intelligence. MSMEs are adopting new business models as a result of these technologies. MSMEs will increasingly employ inventory monitoring systems and other technologies to digitally control and maintain real-time inventory, improve visibility through data tracking, and collect data as finished products move through the supply chain.
MSMEs should design a view for data integration across products
Chetan Desai
Global COO, Bahwan CyberTek
The key trends
Cloud has levelled the business playing field for MSMEs, helping them punch above their weight. Firms are overcoming investment barriers using pay-as-you-go and subscription models offered by solution providers, instead of spending heavily on licenses and infrastructure. This move from the traditional CapEx to a sustainable OpEx model allows them to compete effectively with larger enterprises with bigger IT budgets.
In India, I see two key trends:
First - Availability of cloud infrastructure, both private and public, is improving within India. Infrastructure providers like Microsoft Azure, Amazon AWS and Google Cloud are seeing enormous growth in demand for their services and are ramping up infrastructure capacity. Domestic market size and a flourishing start-up economy has given them opportunity and the confidence of high business returns from the Indian market.
Second -We’re seeing a large proliferation of agile cloud-native SaaS products. More importantly, these products are now being tailored to suit the Indian context, which was never the case before. Today, even big players are focusing on designed-for-India products and biz apps due to growing demand. This will fundamentally change the accessibility of best-in-class solutions for MSMEs.
These trends have given enterprises the freedom to choose fit-for-business products at low initial cost and the flexibility to scale operations and investment as they grow.
Cloud to scale the customers’ business
Cloud enables everything from increased employee collaboration to heightened customer experience. A phased approach gives customers the advantage of continuous augmentation of services while minimizing operations impact or disturbing mission-critical applications. Basically, progress in small chunks and avoid big IT fiascos. MSMEs now have access to economically viable best-of-the-breed business apps. The businesses can phase and risk manages the change and business adoption associated with the tools, at a scale they’re comfortable with.
The latest technology adoption trends in MSMEs
Data at the core- While MSMEs adopt fit for business SaaS products, they should also consider a design view for data integration across products and across enterprise. This will eliminate the challenges associated with data siloes historically faced on-premise. They need to do this upfront because of the tremendous value it offers. Data mining with a 360-degree framework produces significant business insights.
Zero-trust approach to security - This framework encourages the scrutiny of all users and data flow within and outside the organization. While cloud is an inherently secure and trusted environment, design, implementation, and management of the IT landscape will be critical to ensure compliance and mitigate cyber-attacks. It’s crucial to choose the right tech stack and partner for a seamless and secure transformation.
DevOps-driven mindset- Indian MSMEs and global enterprises are embracing a DevOps culture to bring development and operations together for faster innovation and shorter deployment time. The historical waterfall model of managing IT programs is now obsolete. Continuous code/capability releases create a feedback loop that increases customer adoption and reduces roadblocks to business value.
Cloud computing helping businesses to save time and money
Biren Shah
MD, Adit Microsys
The key trends
Emphasis on cybersecurity - With more computing and IoT devices connecting over the Internet than anyone ever imagined cybersecurity has become an immense challenge in the industry. To address the growing cybersecurity concerns, “Zero Trust” is the trend to watch out for. Companies will need to build higher-level cybersecurity standards with the stance of “never trust, always verify.”
Cloud to scale the customers’ business
Cloud computing can help businesses of our customer save time and money by boosting productivity, improving collaboration and promoting innovation. Benefits of adopting cloud services such as (1) ease of access anytime, anywhere, (2) ease of backup and restoration of data and (3) scaling up or down on-the-fly to meet sudden fluctuations in business demand, all enable customer to focus on business instead of IT administration and free up funds from CAPEX, helping customers grow their businesses.
The latest technology adoption trends in MSMEs
For an MSME now, the digital revolution is no more a distant dream which only large companies could think of a few years ago. The latest Technology adoption trends in MSME are adoption of top technology thru’ the “as-a-service” model, covering IT infrastructure, networking, ERP, payment, security solutions, data storage, online marketplaces, and so on.
The pandemic has accelerated the pace of digital transformation at such a level that more and more Indian micro, small and medium enterprises (MSMEs) are seeking to move to the Cloud and there adoption is faster compared to large enterprise. The affordability cloud offers to start small and pay as we go plays a key role in digital transformation. Most MSMEs are becoming cloud-native first. Larger companies are relatively less nimble and decisions such as on-prem versus cloud take long time involving many departments with varying views and consideration of many factors. MSME decisions are mostly driven by the promoters or a small team of top management, making for faster decisions and adoption since they also find it a big challenge to hire experienced IT professionals, retain and manage them to do everything in-house.
Hybrid solutions allow more flexibility in computing
Ranjan Chopra
Chairman & MD, Team Computers
The key trends
Climate change has become a burning topic in almost every part of the world, that's facing extreme weather conditions. Carbon-intelligent cloud is one such trend to watch out for. As climate change mitigation has become an integral part of the vision of businesses, the providers for the green initiatives by big cloud providers are catching up real quick. Another trend that’s becoming essential for the businesses to adopt is the AI-based cloud. It promotes accelerated innovation and quicker computation to achieve resource efficiency.
Hybrid Solutions, is a combination of private cloud and a third-party public cloud service. Major technology-heavy companies are investing a huge chunk on the hybrid solutions, as it helps in the easy movement of workloads between the public and the private clouds. Hence, allowing with more flexibility in computing.
Cloud to scale the customers’ business
We help our customers get the best of our cloud solutions, as they could benefit from the scalability feature. They could scale with ease- up or down, out or in. They realized how quickly they can respond to the external environment.
Several customer were able to move money from CAPEX to OPEX (investment to operation), to effectively use the capital. It also gave them the ability to adjust quickly to the changes in the market requirements.
The latest technology adoption trends in MSMEs
To stay ahead of the curve, Indian MSMEs have adopted to the latest tends related to the technology. There are a plethora of SaaS products that cater to various aspects of managing a business, and are available at economical prices, without upfront costs! Having said that, the AI (Artificial Intelligence) has leveled up the playing field, and has helped the small businesses to scale-up, and become more valued in the eyes of the customers.
Another trend in technology in the MSME space is the Datacenter migration. Datacenter migration refers to migration the entire data center to a whole new computing environment. A successful data center migration will be compatible with most applications. Hence, are able to meet the future needs of the enterprise’s workload.
MSMEs shifting data on cloud to allow faster roll out of applications
Sanjay Patodia
CEO & Director, Galaxy Office Automation
The key trends
MSME’s are now taking efforts to evolve with ‘digital first’ approach, in the era of automation and digitalization. As top tier partner to major IT OEMs like Dell, VMware, Lenovo, CheckPoint etc, we are observing the following trends:
Reducing Capex and managing tech refresh of IT hardware as priorities, is driving mid sized companies to sign up for “Everything as a Service” ie Services & applications that users access on the internet upon request.
Application Modernisation- MSMEs want their apps to run from anywhere and any device, thus Identifying the right strategy for application modernization is challenging for them. Solution considered is to break an existing monolith application into loosely coupled micro services or simply containerizing an application and moving it to platforms like Kubernetes.
Securing their data and investing in data protection & business continuity solutions.
Cloud to scale the customers’ business
Many Small, medium enterprises are migrating their data on cloud as it allows faster roll out of applications, auto scaling of the business and pay as you grow model for customers depending on their need.
The latest technology adoption trends in MSMEs
Latest Technology adoption that Indian MSMEs have implemented is:
Enable secure access for remote workers.
Public Cloud subscriptions for front end apps.
Edge computing & IoT for manufacturing and remote asset management.
Sales automation with Open source software’s like CRM
Implementing HRMS software
Implementing mid market ERP software
MSMEs today are moving faster towards cloud adoption because of manageability issue, lack of skill set to manage data, pay as you grow model which allows customers to act depending on their need.
Redington’s CloudQuarks enabling customers to get direct and faster access to cloud experts
Rakshit bhatt
Senior VP and Head of Cloud, Redington India
The key trends
As we progress through 2022, there are certain trends that are expected to shape the technology industry this year. Some of these trends include:
IaaS, PaaS, SaaS, are driving the adoption of cloud-based services by businesses across sectors.
Artificial intelligence, machine learning, augmented reality/virtual reality are the big four emerging technologies that have the potential to change the digital world.
Advanced cybersecurity solutions will improve overall security by moving control points closer to the assets that they’re designed to protect.
Cloud to scale the customers’ business
Today, Cloud is the new reality for almost all the businesses, regardless of the sector or size. With adoption of a multi-cloud marketplace through Redington Value’s cloud services portfolio, customers can leverage industry best practices and global standards of consulting, professional and managed services on cloud technologies.
Redington has strengthened its portfolio by introducing CloudQuarks, Redington’s next gen platform that enables our customers to onboard cloud services of choice on one digital platform with self-service capabilities. It enhances experience with on demand reporting & analytics to gain insights into cloud service consumption patterns. CloudQuarks is enabling our customers to get direct & faster access to our cloud experts to enable resource management, service management, governance & security which is enabled by utilizing the cloud consulting, migration & modernization and managed services.
The latest technology adoption trends in MSMEs
Technology has a significant impact on every type of business and hence it is reshaping the global economy's corporate landscape. It has the potential to assist Micro, Small and Medium-sized enterprises (MSMEs)in expanding their market reach both domestically and internationally.The pandemic has fueled greater adoption of newer technologies and innovations by the MSMEs, not just to survive but also to lead in the market.
MSMEs can now scale and combine their operational skills using new tech-based platforms. These tech-based platforms specialize in varied fields, which supports MSMEs across all their operations like supply chain and logistics planning, workflow routing among interlinked departments, and product quality monitoring.
MSME: the backbone of Indian economy
Nilesh Kuvadia
Founder Director ITCG Solutions
The key trends
Following are a few Key trends to watch out for in year 2022-23.
Artificial Intelligence (AI) & Machine Learning (ML)
Cloud Computing & Cloud Services
Robotic Process Automation (RPA)
Virtual Reality (VR) & Augmented Reality (AR)
Cloud to scale the customers’ business
Cloud Solutions enables the customers to have several advantages.
The customer’s data can be consolidated at one place and can be accessed from any part of the world.
The cloud solution gives flexibility to maintain data as per requirement at a very reasonable cost compared to the amount one would invest in having on-premise infrastructure and maintain the same year on year.
Scaling up or scaling down is immediate and that is the beauty. On cloud, you pay as you go so one can optimize their usage as per requirement and make the operations budget friendly.
The latest technology adoption trends in MSMEs
The MSME is a backbone of Indian Economy. It accounts to around 30% of the India’s GDP. In the past two years, digitization has made inroads to the operations of small and medium enterprises. MSMEs have started integrating technology into their Accounting, Supply chain, Inventory Management, credit payments and various statutory compliances in their routine business. Even the Government schemes like Emergency Credit line Guarantee Scheme (ECLGS) have eased the financing issues which was a hindrance to adoption of latest Technology. It is also observed that MSMEs have now started adopting AI & ML in their digital platforms in order to improve their efficiency of management of business. Even business Intelligence (BI) tools are being used for performing analysis of the operations.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.
