By 2027, India will have 500 million 5G subscriptions
Latest Ericsson Mobility Report – 22nd Ericsson’s version of Network Traffic Insights and Forecasts – India says 5G is expected to account for about 40 percent of all subscriptions by 2027. Globally, 5G is forecast to be about half of all subscriptions by 2027, topping 4.4 billion subscriptions. .
In India, mobile broadband is the foundation on which the government’s ‘Digital India’ initiative will be implemented. Mobile networks in India continue to play an important role in driving social and economic inclusion, as service providers in India prepare to launch 5G this year. 4G is the dominant subscription type driving connection increase in India. Although 4G contributes about 68% of total mobile subscriptions in India, its contribution is expected to drop to 55% by 2027, a release from Ericsson said.
Following the introduction of 5G in India, 4G subscriptions are forecast to decline to an estimated 700 million annual subscriptions in 2027 due to customers shifting to 5G. Commercial launch of 5G network is planned in India in the second half of 2022, with advanced mobile broadband expected to be the primary major use. 5G will represent about 39 percent of mobile subscriptions in the region by the end of 2027, with about 500 million subscriptions.
India has the second highest average data traffic per smartphone worldwide. It is projected to grow from 20GB per month in 2021 to about 50GB per month in 2027 – a CAGR of 16 percent, the release said.
73% of sellers in India rely on sales technology at least once a week: report
In addition to disrupting the Covid-19 epidemic sales process, about 73 percent of vendors surveyed are using the technology at least once a week to gain access to real-time data to drive sales, a report said. Companies are increasing their appetite for data-driven insights to better measure buyer intent and drive more sales, especially in the ongoing ‘great reshuffle’ when buyers and sellers are constantly considering changing roles, according to LinkedIn’s ‘APAC State of Sales 2022’. The sixth edition of the report.
In fact, more than eight out of 10 (84 per cent) sales professionals in India have lost at least one contract to a key decision-maker in the last year alone. Therefore, access to proper Intel has become mission-critical for sales functions across the board, the report said.
To avoid these reactions, three out of four vendors (73 percent) in India are now using sales technology to get accurate real-time data access at least once a week, indicating a growing priority for CRM systems and sales intelligence tools in the industry, it said.
This India version of the APAC State of Sales 2022 report is part of the Global State of Sales Project, which surveyed approximately 15,000 buyers and sellers in 11 countries, including Australia, Brazil, Canada, France, Germany, India, Mexico, and the Netherlands. Singapore, United Kingdom and United States. The report contains responses from 750 buyers and 750 sellers in India
AI, ML most important technology for business resilience: survey
A10 Networks has released a global survey highlighting the challenges and priorities of enterprise organizations in today’s post-epidemic era, as we learn to live with COVID-19 and how it shapes future technology requirements.
In terms of investment priorities, artificial intelligence and machine learning have undoubtedly come a long way, with 47% of Indian enterprise firms saying they have deployed these technologies in the last 12 months. In addition, 34 percent say they have installed IoT devices to help business functions, a release from the A10 network said.
Interestingly, while artificial intelligence and machine learning have scored the most for Indian respondents, 5G technology has followed, and a significant proportion are also looking at installing IoT devices to assist in business functions.
Of the 250 enterprise companies surveyed in India, almost all (97 per cent) showed a high level of concern about all aspects of enterprise digital resilience, the release said.
The report, entitled ‘Enterprise Perspective: Zero Trust, Cloud and Remote Work Drive Digital Resilience’, is based on feedback from 2,425 professionals who work on network infrastructure, security and cloud migration in companies across the United States, Southern Europe and the United Kingdom. , Germany, India, the Middle East, Benelux, Eastern Europe, Asia Pacific and the Nordics.
Pharma companies increase cyber security investments by a minimum of 25-30%
With an increased focus on digital transformation, Indian pharma companies are prioritizing data security, a Deloitte Touche Tohmatsu India LLP and Data Security Council of India report found, Indian pharma taking digital leap – what does this mean for cyber security? The report further states that ransomware attacks and IP and data theft were top cyber security concerns for the sector both in India and globally.
DSCI and Deloitte conducted more than 25 expert discussions between August 2021 and March 2022, where top pharma companies and industry experts, both in the world and in India, shared their views on the vibrancy of the sector and the growing focus on cyber security.
For the top pharma companies, cybersecurity investments grew by at least 25 to 30 percent between 2019 and 2021. The growing number of epidemics and targeted attacks has prompted certain pharma companies to double their cyber security investments in the last 18 months, according to a release from Deloitte India.
As part of the cyber security strategy, data security and resilience, identity and access management, OT security, offensive security capabilities and even better threat detection and response are some of the focus areas for pharma companies in India. In addition, 70 percent of leading pharma companies have shifted their focus to a zero-confidence approach with the need for a clear roadmap over the next two years around networks, data and access, the release said.
India’s investment in AI will exceed 80 880 million by 2023: NASSCOM
Investment in India’s artificial intelligence capabilities is growing at a CAGR of 30.8 percent and is set to reach USD $ 881 million by 2023, according to the latest report from NASSCOM’s AI Acceptance Index.
Global AI investment has doubled in the last year, but India’s share of global investment has remained at 1.5 per cent, the report said. India started from a lower base than its global counterparts and despite its high growth, the country will represent only 2.5 per cent of global investment in 2023.
AI will add USD $ 450-500 billion to India’s GDP by 2025. More than 60 percent of that is expected to come from consumer goods and retail, banking, financial services and insurance, energy and industry, automotive domains, manufacturing, and healthcare, the report said.
NASSCOM, with EY, surveyed about 350 enterprises The survey found that about 65 percent of companies defined AI strategies at the functional or enterprise level. India’s AI maturity stands at Enthusiast, the second level of four-stage adoption assessment.
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