New Delhi:The COVID-19 lockdown forced enterprises in India to shift their operations overnight to immediately accommodate a remote workforce. During four months of working remotely, they faced unprecedented challenges in how to manage their business continuity in light of the burdens placed on capacity, productivity, and security.
The pandemic, however, has accelerated the adoption of digital tools and organisations are strengthening capabilities to invent newer models of engagement and business touchpoints, in order to continue to meet immediate needs and to transform future possibilities into realities.
According to Sandip Patel, General Manager, IBM India/South Asia, new business models, and opportunities are emerging to address the needs of this digital age and ones that must be agile, cost-efficient, and built on a foundation of trust, powered by technologies like Cloud and AI.
"What is truly defining is the emergence of ‘Network economy'. This pandemic has taught us new ways of how we conduct our business, how we work, and interact with people and how we connect with the larger community, our customers, our business partners. Virtual networks are fast becoming the enabler of work in these times," Patel told.
In a bid to help enterprises maintain business continuity and stay on the path of digital transformation in these tough COVID-19 times, Oracle last week announced the opening of its second Cloud region (after Mumbai) in Hyderabad.
"The COVID-19 and ensuing lockdowns have disrupted several businesses in India. We are already helping our customers increase efficacy across workloads in these lockdown times. The Hyderabad Cloud region will help a large number of Indian organizations realize their digital transformation dreams," Shailender Kumar, Regional Managing Director, Oracle India, told IANS.
"The second Cloud region will help scores of Indian firms adjust to the new normal," he added.
According to an IDC report that came out last month, as a result of the spread of the pandemic, 64 percent of the organisations in India are expected to increase demand for cloud computing while 56 percent for cloud software to support the new normal.