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|| The Global ER&D Shift: Evolution of Engineering Services and India’s Competitive Edge.
The global ER&D services industry is undergoing a major transformation - shifting from traditional engineering to a digital and software-driven model. 🌍
The nasscom – Everest Group Joint Report explores how technological disruptions, new commercial models, and enterprise priorities are reshaping the global ER&D landscape - and how India is emerging as the epicenter of innovation, co-creation, and competitive advantage.
Key insights include:
📌 Global ER&D spending trends and outsourcing outlook
📌 Technological disruptions shaping the next wave of engineering
📌 India’s rising role as a global ER&D hub
📌 Strategic imperatives for Engineering Service Providers (ESPs)
📥 Download the full report here 👉 https://lnkd.in/gNyykafv
The digital transformation narrative has officially pivoted to an AI-First reality!
📢 Our latest Nasscom study unveils the dramatic shifts and strategic moves global enterprises are making in 2025.
📘 Dive into the “Digital Enterprise 2025: Advancing to an AI-First Transformation” report to discover key findings:
🔹 Despite a sharp decline in business sentiment, over 80% of enterprises expect to increase their digital spending in CY2025.
🔹 AI is now dominating digital budgets, with 67% of companies allocating 10%+ of their digital spend to AI in 2024 — and it’s set to rise further.
🔹 Generative AI is rapidly reshaping digital services contracts, leading to shorter deal durations for AI PoCs and production.
🔹 The focus is strongly shifting towards integrated AI solutions and the adoption of AI Agents, with 27% of companies already having them in production.
🔹 Outsourcing remains robust, with India continuing as the preferred destination for digital services — and the GCC trend strengthening significantly.
🎙️ Hear Namita Jain, Director, Nasscom Insights, sharing key takeaways from the report!
📥 Download the full Nasscom study from community.nasscom.in to understand the future of enterprise AI!
02/05/2025
Limited Time Offer : 60% OFF on nasscom’s Strategic Review 2025 – Get It for Just ₹15K!
In this era of rapid technological advancements, and changing market dynamics, the need to stay ahead becomes an even bigger imperative. Embracing change, fostering innovation, and committing to continuous learning will ensure that organizations.
If you are a tech organization in India, do you have the insights to make the right moves?
The 2025 Nasscom Strategic Review Report- Beyond Disruption: Staying Future-Ready Today - has got you covered with in-depth insights on:
📌Tech industry demand growth themes in FY25
📌Where India’s tech industry is headed in FY26
📌The biggest growth drivers shaping future demand
📌How AI, DeepTech, GCCs, and ER&D are spearheading growth
📌What’s next for workforce transformation and key in-demand skills
📌The key shifts in end-user tech adoption
Make data-driven decisions with confidence.
Download from nasscom.in
23/04/2025
Is India’s startup funding winter finally over?
The 2024 Nasscom - Zinnov tech startup landscape titled Road to Recovery: Indian Tech Start-up Landscape 2024 indicates an ongoing recovery, with funding rising by 23% and deal volumes increasing by 27% in 2024 compared to 2023. As macroeconomic conditions stabilize and government initiatives, such as the removal of angel tax and sector-specific grants, bolster the landscape, investor confidence is returning.
Key trends shaping the funding landscape:
📌93% of all funding deals were seed and early-stage investments, signaling robust support for emerging ventures.
📌Late-stage investments grew 21%, with 45% of funding raised by non-unicorns, reflecting a more diversified investment focus.
📌68% of total funding went to B2C startups, 20% higher than in 2023, indicating strong investor interest in consumer-facing businesses.
📌87% of funding was raised by startups operating from established startup hubs, reinforcing the dominance of mature ecosystems.
📌33% of total funding was contributed by unicorns, highlighting their continued role in driving investment activity.
📌Retail & Consumer Tech, BFSI, Health Tech, Enterprise Tech, and Mobility attracted ~68% of total funding, highlighting sectoral priorities.
With favorable policy interventions, a maturing investment landscape, and business fundamentals focused founder environment, India’s startup ecosystem is poised for sustained growth.
For a deeper dive into funding trends, sector-wise insights, and investment strategies, explore the report.
Downland from community.nasscom.in
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