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Interaction - Raj Darji, CEO and Founder, Aarav Solutions

Interaction - Raj Darji, CEO and Founder, Aarav Solutions on the scenario of Smart Tech across different continents in this year

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Archana Verma
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Raj Darji

Raj Darji, CEO and Founder, Aarav Solutions works in the Smart Tech segments across India, West Asia, Europe, North America etc. Here he discusses the scenario of Smart Tech in different geographical regions.

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How does the Indian market compare with the markets in US, Canada, Europe, West Asia and Australia in terms of demand and clients’ expectations?

Raj Darji - IT products and consulting markets are showing exponential growth, which will likely be the trend for the upcoming 3-5 years as well. Because of COVID, businesses understood the need for Digital transformation, and it is on top priority for businesses across the globe. Hence, demand is high across all the geographies.

Indian markets are gearing towards adopting international standards, and hence the expectations in terms of quality of service, timelines and project governance are also aligned. The other western markets significantly invested in digital transformation initiatives and due to quicker adoption of work from home culture, the projects continued during COVID as well. While in India we did see some setback for a while, but things are getting better now.

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What aspects of Smart techs such as AI, ML, IoT, Cloud etc are growing in different markets listed above where your organisation operates? Is there a difference in different geographies in this regard? 

Raj Darji - Aarav Solutions is involved in initiatives in AI/ML and Big Data and Cloud technologies with our large-scale digital transformation projects in BFSI sector and Telecom domain customers. We had various interesting breakthroughs with data and a huge impact on revenue management & leakage with the increase in efficiency to launch new products quicker and enhance the speed of business operations. Our public sector customers leveraged cloud technologies to their advantage in rolling off large-scale infrastructure projects.

While AI/ML and IoT are gaining momentum, we are yet to see their acceptance and implementation in Indian markets compared to other markets. However, Cloud technologies are widely accepted and are part of major IT consulting and product engineering accounts.

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How do you foresee the market of AI, ML, IoT, Cloud etc growing or remaining stable in the next two years in different geographies of the world? 

Raj Darji - Yes, there will definitely be growth in these emerging technologies. Currently, we are seeing widespread blockchain technology with cryptocurrency and new emerging use cases like NFT. Many social platforms are gearing towards metaverse and are investing in various AI/ML-based initiatives. The financial sector needs to adapt to the changing times and provide its customers access to the digital economy. The emerging technologies in AI/ML, Blockchain etc. will provide the required tools to grow. Similarly, the other sectors are catching up with the demand for digital workspace, digital commerce and seamless customer experience, and much more. All this demand cannot be met without inventing new ways to do business, and hence we will see the growth in emerging technologies in the coming years.

What are the different challenges faced by your organisation in different parts of the world? How do you resolve these challenges? 

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Raj Darji - Having a skilled workforce is the greatest challenge we face as an IT consulting and product engineering organization. We see high demand for a highly experienced workforce in advanced technologies in countries like the USA, Canada, and Europe. We have set up our own Centre of Excellence to train and meet the demands for upcoming growth. We focus on global aspects of future technology requirements and are building a highly skilled workforce in India and across the globe.

Read more from Dr Archana Verma here 

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