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Disadvantages Of Digitalisation

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ABSTRACT
The Indian Information Technology (IT) services industry, has been through a lot of ups and downs since the 2008 financial crisis hit it hard. The Indian IT is transitioning to the digital age from the traditional projects as there is opportunity for growth in Digital Technology projects. Indian IT Companies are in a strategic position among technology companies in the world and has the capability to move to the next level and adapt to new technologies in the IT spectrum.
The Indian IT Companies has been reporting downward growth for past few quarters, but they are making efforts to be in high growth trend. They are highly optimistic about the opportunities brought by the digitalisation for their future growth.
In Singapore IT Service …show more content…

Digitalisation also improves the accessibility of the information. Digitalisation helps in integrating business systems more effectively. Digitalisation helps in controlling the errors during data entry. Digitalisation can help organisations in serving their customers efficiently by reducing their time and saving in expenses. Digitalisation helps banks to respond to the market conditions quickly and identify the customers’ needs and serve them accordingly (Dbscomsg, 2017). With Digitalisation there is a improved speed of delivery, better visibility and intelligent reporting (Accenturecom, 2017). It also helps in standardisation of processes (Accenturecom, 2017).
3.4 Future of Digitalisation
Organisations need to adopt Digitalisation to develop their organisational strategy. Every CEO must know how Digitalisation will affect their value chain and develop his strategy accordingly.
Industries must consider how Digitalisation will create better value in terms of products or services which the organisations offer. Organisations needs to know the opportunities that will provided by Digitalisation and the threats imposed by it from within the organisation and from competitors.
As Indian and Singapore based IT Service Provider Companies are battling out a modest growth. they see a hope in Digitalisation for their future growth.
As competition in market grows, there will be more organisations adopting the Digitalisation processes, hence I see a bright future for digitalisation.
4. PROPOSED RESEARCH

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