Indian firms to generate 49% of revenue from digital infra by 2027: Report

Indian organisations are expected to generate as much as 49 per cent of the revenue from digitally connected products, services, and customer experiences by 2027, a report showed on Wednesday.

India is leading the Asia-Pacific region, with 97 per cent of businesses using or planning to use edge computing in business operations, according to the ‘CIO Technology Playbook 2023’ by global technology company Lenovo and chip-maker AMD.

“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.