A NEW BUSINESS REALM IN THE AFTERMATH OF DIGITAL TRANSFORMATION & 5G: CHALLENGES & OPPORTUNITIES

We see a future fueled by digital transformation, connectivity, and changing customer expectations

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JOPHY VARGHESE APAC HEAD-SIS & STRATEGIC ALLIANCES VERIZON

With more than two decades of professional experience, Jophy is a customer-focused and results-driven Global Business Leader and an expert in building partnerships and profit by helping companies fast-track their digital transformation.

India is savoring this tech-ade like never before. With the government projecting a clear vision focused keenly on self-reliance and the digital economy, India is at a watershed moment. According to reports, the number of smartphone users in the country is estimated to reach over one billion in 2023. On the other hand, according to Nielsen's India Internet Report 2023, India had over 700 million active Internet users as of December 2022. It's no wonder that digital payments in India have leaped 160X over the past two decades. The arrival of 5G is expected to add oil to this engine and tune it further to make India one of the largest digital ecosystems in the world. According to a recent report, India has the potential to create over $1 trillion of economic value from the digital economy by 2025, up from around $200 billion currently. This can be interpreted as an enormous opportunity for the technology industry in the country. Walking us through those opportunities and inevitable challenges that will be tagged along is Jophy Varghese, APAC Head-SIs & Strategic Alliances, Verizon. With more than two decades of professional experience, Jophy is a customer-focused and results-driven Global Business Leader and an expert in building partnerships and profit by helping companies fast-track their digital transformation. In conversation with Jophy Varghese, APAC Head-SIs & Strategic Alliances, Verizon

The IT and business services market is projected to reach $ 19.93 billion by 2025. What kind of role will Enterprise Modernization play amidst this projection?