Global Digital Spending Touched $575 Bn in 2018 and is Expected to Grow to a Whopping $1.2 Tn by 2022: Says Zinnov

/ -- 40% of the Large Enterprises have set up one or more digital CoEs focused on Internet of Things (IoT), Robotic Process Automation (RPA), and Artificial Intelligence (AI)
Over 85% of the top 100 global enterprises are investing in building intelligent platforms to drive digital outcomes
Digital revenue for outsourcing Service Providers is set to grow at a 29% CAGR to reach $110 Bn, by 2022
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Speaking at the launch of the report, Praveen Bhadada, Partner & Practice Head, Digital Transformation, Zinnov, said, "We congratulate all the companies in the leadership zone of the Zinnov Zones for Digital Services rating for 2019. The $110 Bn addressable opportunity in digital services is forcing a reset in positioning, partnerships, and GTM strategies of Service Providers. Building expertise at the convergence of disruptive technologies and creating deep know-how of customer programs should be an integral part of the GTM to create new opportunities. As digital buy centers get decentralized across functions and geographies, Service Providers will have a steep task of managing relationships to be able to participate in large opportunities in the future."

About Zinnov Zones

Zinnov Zones is an annual rating published by Zinnov which rates Service Providers and Technology Companies based on their competencies and capabilities. Since 2009, Zinnov Zones (previously known as GSPR - Global Service Provider Ratings) has become one of the most trusted reports globally, for enterprises, technology vendors, and service providers to better understand the vendor ecosystem in multiple domains such as Digital Transformation, Engineering R&D, IoT, Media & Entertainment, Retail, Travel & Hospitality, and Robotic Automation. The detailed ratings and contact information of Service Providers are available at https://zinnovzones.com/ratings
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