Information Technology: The vital cog in the wheel of digital transformation
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The Government of India is driving India’s growth story with transformative initiatives like the Smart Cities Mission, Make in India and Digital India. By harnessing Information Technology (IT), Operational Technology (OT), Internet of Things (IoT) and big data analytics, the government is redefining the way it engages with the citizens. Disruption fuelled by future technologies lights a new path for governments to address rapid urbanisation challenges. Hitachi is paving the way for new technologies that allow India to achieve scale and business process efficiencies like never before. Organisations are moving swiftly from “closed innovation” to co-creation and strategic partnerships to keep pace with technological advancement and innovation at greatly enhanced speeds. While IoT has been driving the technology at a scale in India, we will see various technologies with widespread adoption as well, like cybersecurity and data analytics, among others. |
Anyone who has kept a close watch in the way Indian governments operate and more so, government departments would have certainly noticed the change in their approach over the years. This transformation is visible both with regards to the launch of new initiatives and the way existing programmes are managed. Without doubt, the single most important factor responsible for bringing about this change has been the government departments’ efforts in using information technology for the dissemination of information and government initiatives. In India’s transformation journey into a knowledge-based economy, the role played by companies like Hitachi is certainly credit-worthy.
Considering the size and scale of the Indian economy, the adoption of solutions offered by information technology will help to better administer and more efficiently manage government schemes and initiatives. According to recent studies by McKinsey, digitisation of the Indian economy could contribute USD 355-435 billion to the GDP by 2025. The study further affirmed that in 2017-2018, the digital economy in India accounted for approximately 8% of the nominal GDP, which was estimated around USD 200 billion. Of this, close to USD 170 billion was contributed by sectors which provide digital products and services. The study also highlighted that going forward, digitisation could further support sectors like agriculture, healthcare, logistics, energy, education and financial services.
With the experience and expertise of over 100 years in Operational Technology (OT) and 50 years in Information Technology (IT), Hitachi has helped India become equipped for the IoT era and drive the country’s digital transformation. With Hitachi's innovative and globally recognised OT (Operational Technology) X IT solutions and data analytics, customers progress from IoT-enabled interactive devices to artificial intelligence (AI)-enabled devices with the cognitive functions of living beings. This shifts how technology touches live and fuels the digital revolution. Through this technological leap, Hitachi introduces a new world of possibilities for policy makers, businesses and organisations to enhance quality of life.
