Insights

For the last several months, we at Sonata have been working on our new digital business transformation approach ‘Platformation'. At its core, Platformation is about enabling businesses and organizations to adopt technology backed new business models and drive digital transformation.

Artificial intelligence (AI) relies on big data and machine learning for myriad applications, from autonomous vehicles to algorithmic trading, and from clinical decision support systems to data mining. The availability of large amounts of data is essential to the development of AI. Given China's large population and business sector, both of which use digitized platforms and tools to an unparalleled extent, it may enjoy an advantage in AI. In addition, it has fewer constraints on the use of information gathered through the digital footprint left by people and companies.

Over the last decade, Cloud has undoubtedly been the biggest game changer on the technology front, coupled with the explosion in data and devices. Whether it is IaaS, SaaS, PaaS, Open Source on Cloud, or even allied areas such as Analytics and Mobility, the pace of adoption has been incredible.

Increasingly, we find that businesses no longer just view technology as an expense, but as an investment that can help them differentiate and stay ahead of competition. We see business owners being an integral part of the decision making, along with the CIO’s office.

More than ever, organizations are waking up to the importance of having a robust disaster recovery system in place to protect data, applications and servers in the event of unfortunate occurrences such as power outages, technical glitches and natural calamities.

For the past decade, cloud has been one of the dominant technology trends across the globe. With its many obvious advantages such as the ability to convert infrastructure costs from Capex to Opex, greater flexibility and scalability, businesses across the globe have embraced the cloud. The demand for cloud continues to grow. Gartner has predicted that the worldwide public cloud services market is projected to grow 18 percent in 2017 to reach a total of $246.8 billion.