The telecom segment can grow from increased adoption of new technologies such as IoT, AR, VR, etc. Covid-19 impact has been positive for the ISV segment due to increased usage of online platforms and collaboration tools.
Investments in futuristic technologies such as autonomous vehicles can drop. Expect spending on 5G to increase since 5G applications have use cases across verticals in the new normal.
Companies like HCL Technologies invested early and has set up center of excellences (CoEs) for several of these technologies. For example, the company has set up CoE for 5G in Milan where it has access to high-end skills not available in India. These investments help the company develop solutions around new technologies that can be offered to clients when the technologies reach mainstream adoption.
