Translation (English-Hindi) Exercise – 50

Translation (English-Hindi) Exercise – 50

Demands are rapidly evolving and with this is changing the tastes of the customer. This adds pressure on industries to be more focused on high growth and quick adaptability resulting in higher rates of acquisitions and restructuring.

Incremental changes and innovations are not creating sustainable margins and hence to derive higher value and lead the competitive advantage, companies have had to focus more on their R&D, leading to research on application of next-gen technologies like genetic engineering, Internet of Things (IoT), 5G, quantum computing, etc. Startups have been a key generator of IPR (Intellectual Property Rights) in the last few years and are well poised to take on the future.

As the penetration of digital technologies increase, a huge volume of data is being generated. Organisations are reinventing their business models with a need to deal with increasing data, maintaining transparency and dissemination of information through their value chain network along with capitalizing on the information available to create new bundle of products.

Science and technology is progressing exponentially creating new opportunities of growth every few years. The ever changing technological paradigm shifts the need for highly skilled workforce which is currently at a dearth. The cost of training individuals is growing but the solutions have started coming from a nascent startup ecosystem in the country and they believe in fail fast ideology. Impact of changing trends in the field of science and technology.