High-tech sector witnesses a rapid pace of innovation and disruptive business and operating models. Thus, high-tech enterprises need a high level of digital maturity to deal with the complexity of managing innovation, engineering, and regulatory compliance. Additionally, multi-layered, AI/ML-led and cloud-based architecture and dynamic development cycles are further adding to the intricacies and directly contributing to cost reduction and revenue increase.
This accelerated innovation, coupled with a focus on as-a-service models and ecosystem play, requires a high level of expertise to keep the costs in check and meet the stringent development lead times while adopting cutting-edge technologies and platforms that increase value of business contracts