The Hi-Tech industry has been grappling with intense competition, continuous product innovation and compliance adherence. There is also a need for swift responses to global sourcing strategies, while trying to reduce costs and improve efficiencies. The industry is making a move to integrate products with support services to create new and long-term revenue streams. The focus on developing smarter machines that talk to each other, further impacted by the nexus of Social, Mobility, Analytics and Cloud Computing (SMAC) technologies, is redefining the way Hi-Tech players are doing business.
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