The National Democratic Alliance (NDA) government’s first railway budget, which envisages implementing Internet connectivity at stations and in trains, digitizing land records, integrating all its computer systems and achieving a paperless office in five years, has thrown up a billion dollar opportunity for technology firms in India, say analysts and industry experts.
“We see a huge potential for the IT industry to leverage existing strengths in cloud, mobility and IoT (Internet of Things) solutions to deliver innovative solutions around paperless and digitized offices, technology-based safety solutions as well as truly connected operations”.
Sanchit Vir Gogia, Chief Analyst & CEO of Greyhound Research, too, believes the budget is “transformational…especially from the mobility stand point. Mobility is going to drive a lot of consumption and will be needing a lot of investment”.
Big Indian software services firms, which consider digital business and mobility to become key revenue growth drivers in the next few years, will be battling for their share in the opportunity.
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