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As mentioned earlier in one of the articles “EUROPE: EMERGING FUTURE PARADISE FOR IT & SOFTWARE DEVELOPMENT”, European nations are tapping Technology in almost each sector vigorously to bring innovation in their products and business model.

According to Tech Nations 2018 report UK’s Digital Economy is now £184 billion plus a rise of £14 billion in a year growth. With London securing 3rd position in global rankings of Tech Startups ecosystems, and yet to catch up with Silicon Valley and New York City the Digital Tech Startups landscape of UK appears very promising and has shown progressive growth in recent years.

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Without any doubt Global IT Industry knows about the queen of IT Outsourcing functions i.e. India has provided immense Outsourcing Services worldwide, especially to USA & UK multinationals for decades. The legacy continues still as both UK & US want to utilize the wealth of talented tech professionals in India. Bangalore, regarded as the Silicon Valley of India serves one of the best ecosystems & environment to companies looking for Digital Transformation in their Business.

The reason for Bangalore being one of the best destinations to companies for Digital Transformations is due to some very important factors which other cities may lack comprehensively: 

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Outsourcing always involves a partnership between two organizations. Even in a captive model, regional organizations can be seen as the cooperating partners. Such Outsourcing relationships are very complex. The processes and needs have to be handled with care and an understanding of the other party. Failing to do so will cause problems for both, the customer as well as the service provider. It is a fact that customers are the most important part but does it symbolize that they are always right? Or they can never be wrong?

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The evolution of Internet services has blessed humans to make its maximum use in improving their life. This applies in a number of ways like easy communication, knowledge gain or for other, specific business purposes. Exponential rise in revenues for companies like Amazon, Google, Uber etc in the past by utilizing IT is very commendable. Similarly, Startups and SME’s should learn from the success of these companies and try to minimize their potential for failure in future. Recently, there have been and there still are ongoing radical transformations in Outsourcing Services. Examples are cloud based technologies and SaaS tools that help organizations in improving their productivity by decreasing the overall time and cost of maintenance of old IT infrastructure. This has becoming visible due to successful partnerships with IT Service providers or Software Development Outsourcing in simpler terms.

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With the increase in the consumption of internet by humans as well as by systems (IoT), technology is touching each sphere of human life in some way. Aspiration shall be to create a future where quality of life can be much better and humans or systems will become more productive. Considering the advances in Artificial Intelligence (AI): What if technology can undergo self-development or evolve again and again automatically and inevitably with a minimum effort by humans? Sounds impossible? We would say not really.

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