Siddharth Mehta Bay Capital

  India has a new imperative of digitalization. Everyone is discussing digital business or implementing digital methods in their business. Recently, Siddharth Mehta IL&FS , former director and current founder and CIO of Bay Capital, believes that "companies must think 'digitally' if they are to compete and grow in the next ten years”. Digitization is the use of digital technologies to reinvent business models and increase revenue and value-added opportunities. Digital business models are changing. It encompasses digital technologies' ability to collect data, spot trends, and make smart business decisions, as well as the process of converting old business models to new technologies.  The introduction of digital technology will increase productivity and efficiency. Cloud computing, mobile devices, big data and analytics are some of the new technologies being developed that can help increase an organization's productivity and efficiency. Furthermore, some compan...

  Going digital has long since stopped being a buzzword. According to Statista, about half of the world's population regularly uses the internet. Siddharth Mehta IL&FS Former Director and currently Founder and CIO of Bay Capital , lauds the Indian government for embracing digitization on a national scale. As a result of the digital transition, it appears that everyone is now utilizing their smartphone to access the internet and simplify their everyday tasks. These days, instantaneous commercial transactions and global online travel are not trends but rather everyday requirements. Software may easily digitize your business with so many possibilities available. You can keep up with trends throughout the world by digitizing your data and apps. Every aspect of society, including businesses, the government, healthcare, the media, science, etc., has experienced digital transformation or digitalization. It developed into a stimulant for corporate activities both inside and exter...