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Steve Cox. (Photo Credits: Twitter/<a href="https://twitter.com/the_steve_cox">@<b>the_steve_cox</b></a>)
In an interview with Financial Express, Steve Cox, Group Vice President, Oracle ERP & EPM Product Marketing, called the perception of India not being an early adopter of technology, as false. He explained, “Older organisations like Hindalco, IOCL, Transworld, Clover Infotech and Taj Hotels are all embracing new technologies to stay relevant and competitive. SaaS is one of the fastest growing sectors in India.”
He mentioned how research has shown that on an average, an organisation’s data volume increases two times annually. If they choose to invest in technologies like IoT, then their data handling capacity can increase up to 50 times per year.
He emphasised on the importance of “tech convergence” (that) brings a collection of technologies together enabling organisations to be predictive rather than reactive and drive a collaborated and more integrated approach within business units across enterprise.
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