Digital Infra To Drive 49% Business Revenue In India By 2027: Report

A paper suggests that digital infrastructure can drive to drive 49 per cent of business revenue in India by 2027.

The report also notes that organisations in India are at the forefront of leveraging new technologies such as edge innovation with more than 97 per cent of the organisations in India already using or intending to use Edge Computing for their business operations.

The IDC paper, commissioned by Lenovo and AMD, reveals that with the rapid digital transformation in Asia Pacific, organisations are expected to generate as much as 43 per cent of the revenue from digitally connected products, services, and customer experiences by 2027 (49 per cent for Indian organisations).

According to the report, 85 per cent of Asia-Pacific organisations agree that digital infrastructure is essential to achieve business goals. With the advent of multi-clouds and rapidly expanding edge infrastructure CIOs are highly concerned about the growing IT operational complexity and increasing demand for faster response to their ever-changing and evolving business requirements. To accelerate their digital transformation (DX) and modernise legacy IT infrastructure, CIOs called out improving cyber resiliency (ranked #1 by 49 per cent of respondents in Asia) and automating digital infrastructure management (ranked #2 by 47 per cent of respondents in Asia) as the top investment priorities for 2023.

"With the rise of digital capabilities, businesses are leaning towards data-driven innovation to drive effective business decisions. This means staying on top of rapid innovations in Cloud, Edge, AI/ML that must meet the existing infrastructure with as-a-service offerings. CIOs today have a bigger role to play,” said Amit Luthra, Managing Director, India, Lenovo ISG.

The report also noted that security concerns have urged 63 per cent of Asia Pacific organisations to repatriate workloads back from public cloud to private cloud and/or traditional data centers in the last 12 months. In Japan, only 40 per cent businesses repatriated public workloads to private cloud. Mission-critical applications running in the public cloud in Japan will increase by less than 1 point to 19 per cent this year; compared with the rest of AP markets where it will see a 2 per cent decline.

Mindshare of As-a-Services based consumption models has increased tremendously in Asia-Pacific, mentioned the report. “India takes the lead as the most aware (91 per cent) market in Asia Pacific, while Korea and Japan which are more technology savvy have a relatively lower awareness level.”