365telugu.com online news,Hyderabad,december, 22,2020:The COVID-19 Pandemic is responsible for a year unlike any in decades, creating uncertainty and fear across the world while posing a historic health crises. In parallel the pandemic has acted as a spark-point for parallel crises – whole economies and businesses of all sizes, industry sectors, governments and societies have faced significant impact. No segment of population has been immune to these impacts, as geo-political conflicts, social change movements, labor and human capital challenges and inequalities of many types have surfaced. The Technology Industry as a whole, and Technology Services in particular, have been able to manage through the turbulence and will emerge stronger overall. Global IT companies, including those of Indian origin, are experiencing business recovery and strengthening outlooks as clients around the world seek and shift their investments to more Technology and Automation to drive their businesses forward, enable remote working and ensure that their data is secure. More Clients today are shifting their Applications to the Cloud, generating better business opportunities for Indian technology providers.
The year 2021 will see massive Digital acceleration across all Sectors. COVID-19 has proven that technology can be the single greatest factor in enabling businesses to survive AND thrive. From a market-demand perspective, Tech Services companies are seeing strong interest across all Sectors to invest and capitalize the opportunities created through faster Cloud Migration, Cybersecurity, Blockchain, Analytics and Internet of Things technology solutions and managed services – all these will be critical strategies and components of the enterprise that will live well the COVID-19 environment. Sectors like Energy, Manufacturing and Auto may see slower recovery while others like Technology, Telecom, Life Sciences, and Financial Services will continue to have strong growth. Additionally, Sectors heavily impacted by the pandemic, such as Retail, Auto, Travel, Hospitality, etc. are in the process of transforming and redefining their business models and customer engagement for ‘zero-touch’ interactions, by leveraging Conversational AI, Analytics and numerous Digital Innovations. HCL Technologies, as a leading global technology solutions, services and platform provider, is very well positioned to lead and partner with leading F500 and G2000 companies around the world to create, strengthen and transform the digital enterprises of the future – for today.