Shamit Khemka – trends that will shape the IT industry in the near future

Shamit Khemka, the founder of SynapseIndia, has deep knowledge about the dynamics of the IT industry. He has led an established IT services company for almost two decades now. With this enormous experience, he can easily analyze the current and future trends in the IT industry. These trends are believed to be the driving force that gives direction and shape to the industry.

Business intelligence is making a remarkable presence across industry domains. The introduction of the much-talked-about software as a service (Saas) and similar technologies like the cloud as a service have tremendously changed productivity and agility of businesses. These technologies have changed the way business intelligence works.

Cybersecurity is being widely called as the “next big thing” in the IT industry. It has gained renewed prominence in the wake of numerous cyber attacks faced by leading companies and institutions worldwide. Significant innovation in communication technologies, such as blockchain and internet of things (IoT) made cybersecurity a more complex phenomenon.

AI is no more a buzzword, it has become mainstream in the IT industry. The industry is all set to make substantial investments in AI, automation and related technologies. AI will eventually be moved from back-end to the client-facing arena. AI assistants are already becoming commonplace, with the increasing popularity of Amazon Alexa and Google Voice.

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Shamit Khemka – strategies for using disruptive technologies in your business

Shamit Khemka, the founder of SynapseIndia, firmly believes that technology plays a crucial role in the success of almost every modern-day business. Disruptive technologies, according to him, has changed the way businesses interact and deal with their customers.

New startups have a great chance to cash in on disruptive technologies, including artificial intelligence (AI), Internet of Things (IoT), and Blockchain, among others. However, the road to using and selling these technologies is a challenging one and is filled with ruthless competition.

Technology entrepreneurs, must, therefore, learn to take advantage of these emerging business technologies in a very strategic manner. First thing first: an entrepreneurial and risk-taking culture is prerequisite to thrive as a technology venture. Business leaders need to think outside the box and create innovative technology products and services.

Modern-day businesses also need to use Big Data and other analytics techniques in order to stay abreast of market trends and consumer behavior. This also helps in getting an edge over competitors.

With the increasing popularity of technologies like the IoT, both technology investors and entrepreneurs now need to consider this buzzword more seriously. Use of IoT allows businesses to leverage the data collected from various connected devices. Techniques like data mining and big data analytics can be of great use for making insightful marketing and product decisions.

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