Paradigm shift triggered by the covid-19 pandemic has made us rethink and transition to the new normal. Product innovation, faster technology adoption, new / reskilled/ upskilled talent pool on deep technologies will be key to success in life Beyond the Next Normal. Business are transforming. Growth in digital transformation of manufacturing and SMEs has been unprecedented. What was working well till January 2020, is not-so relevant. Various sectors are searching new business models and use cases.
Product innovation will enable contactless yet connected world to function more efficiently using Deep technologies like AI, blockchain, AR/VR/MR, edge computing. Moving to work-from-home is redefining work-life balance. The new normal has already started giving new challenges, security and privacy being one of the most prominent. Emphasis is on the resilient business practices.
It has open up new opportunities not only in education, healthcare, retail, ecommerce, but also products for Bharat. The Prime Minister’s call for AtmaNirbhar Bharat (Self-reliant India) and VocalforLocal has also open new doors for Indian software product companies in public sector as well.