Digital Transformation in Various Sectors of the Indian Economy

Digital transformation is rapidly reshaping various sectors of the Indian economy, fostering innovation, enhancing efficiency, and driving growth. This paper delves into the impact of digital technologies such as artificial intelligence (AI), the Internet of Things (IoT), big data, and cloud computing across key sectors including healthcare, finance, education, manufacturing, and retail. By examining case studies of top unicorns in their respective industries, this study highlights how these companies have leveraged digital transformation to revolutionize their operations, achieve substantial market share, and redefine industry standards within a short period. The findings underscore the critical role of digital innovation in propelling India's economic development and offer insights into strategies for successful digital integration.

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Publication Details

Published
2024-11-07
DOI
https://doi.org/10.1109/csitss64042.2024.10816887
Citations
3
Primary Topic
Economic Development and Digital Transformation
Type
article
Field-Weighted Citation Impact
2.49
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Digital Transformation in Various Sectors of the Indian Economy

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Digital Transformation in Various Sectors of the Indian Economy

Sanjana Patwari, S S Ashish, Aaditaa Vashisht, Ehsaas Rajpurohit, K Vanishree
article en
3 citations

Abstract

Digital transformation is rapidly reshaping various sectors of the Indian economy, fostering innovation, enhancing efficiency, and driving growth. This paper delves into the impact of digital technologies such as artificial intelligence (AI), the Internet of Things (IoT), big data, and cloud computing across key sectors including healthcare, finance, education, manufacturing, and retail. By examining case studies of top unicorns in their respective industries, this study highlights how these companies have leveraged digital transformation to revolutionize their operations, achieve substantial market share, and redefine industry standards within a short period. The findings underscore the critical role of digital innovation in propelling India's economic development and offer insights into strategies for successful digital integration.

Decent work and economic growth
Openalex Percentile: Top 9%
Economic Development and Digital Transformation
2.49
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