Listen to this Article
TeamLease Digital is a Technology Professional Services platform where they provide opportunities for professionals in IT, Telecom, Healthcare, and Engineering. Here is a brief from a recent interaction between team IT-Voice and Naren Bhagi, Associate VP and Business Head, IT Infrastructure, TeamLease Digital.
Prateek: What are the latest trends in the non-tangible assets management industry?
Naren Bhagi: With an increase in data usage, there is a popularity of both creation & management of Private Clouds. There is a rapid increase in BYOD (Bring your own device) trend where more and more organizations are promoting their employees to bring their own devices while the organizations are setting up VPN for these devices. 10% of our customers have already adopted this model. We see a growth of 14-15% CAGR in Non-Tangible asset industry in the next 5 years.
Prateek: Why non-tangible asset management is the most important issue for top management at present?
Naren Bhagi: With increase in BYOD, data protection & usage of illegal software licenses needs to be controlled. Hence tracking the licenses & updates on the software for security purposes becomes a top priority for organizations. Increasing Audits (both external & internal), high expenditure on Licencing, High legal costs due to failure in adhering to compliant practices makes this a priority area for organizations. Also, the Non-availability of enough skilled resources to both maintain the compliance and manage the licenses makes it a priority area for the management to focus on this subject.
- Top sectors wherein there is a demand for non-tangible Asset management services
- Healthcare & Lifesciences
- Government Sector
- IT & Telecom
- Engineering & Manufacturing
Prateek: Why it is important to have a proper IT Infrastructure for all organizations?
Naren Bhagi: Having a proper IT Infrastructure for all organizations helps in the Categorization of Data / Information both from a security standpoint and for Capacity Planning. It helps in avoiding long-term costs due to data theft / cyber-attacks / reduced downtime due to external or internal emergencies, Better experience both for internal & external customers. It also helps in quickly scaling up and scaling down in a volatile market and can move from a reactive approach to a proactive approach in managing the IT environment.
Prateek: How new-age technologies are changing the IT Infrastructure management space?
Naren Bhagi: We see a 40-50% increase in RIM tools to support the current WFH situation and AIOps to manage the hybrid digital infrastructure management (HDIM) – It is currently used in Capacity Planning, Anomaly Detection, Routing Incidents, Predictive event management. New-age technologies are helping in the Shift of Data Centres to the “Grid & Sustainability – Positive” Model, especially to become more sustainable & reach the environmental standards of various governments.