New Delhi, 27 January (IANS). The Global Software Intelligence Leader Cast believes that technical debt is the biggest challenge before India towards becoming global technology superpower.
“India considers software better than any other country,” CEST founder and CEO Vincent Delarocha said during his recent visit to India.
He said, “As the country is moving towards its target of becoming a digital economy of $ 1 trillion by 2030, it is necessary to maintain the speed of this development, to remove software complications and especially technical debt.”
According to McCinje, the technical loan, which is defined as the accumulation of obsolete or ineffective code, costs more than $ 1.3 trillion at the global level every year and India is also not untouched by this problem.
As one of the fastest growing IT ecosystems at the global level, Indian enterprises face dual challenge to modernize heritage systems by providing scalable and safe software solutions.
CEO Vincent Delarocha said, “Technical debt is not just a barrier, it is an invisible cost that weakens innovation. They help them maintain a competitive lead in the global technical field. “
According to Nascom data, India’s IT sector (which contributes more than $ 245 billion annually to the global economy) is a major driver of innovation.
Emphasizing India’s important role, Delarocha said that the country’s strong developer’s workforce, (which is the largest globally) is an important promoter for the global ambitions of CAST.
He said, “India’s developer talent pool is unmatched. We consider them necessary partners in achieving our goals. We by reducing technical loans, adapting the IT infrastructure and increasing the developer productivity by 25 percent to Indian enterprises and global Crewed to empower the Capability Centers (GCC).
CAST is a private company, most of which is with Bridgepoint, a leading FTSE 250 investment firm, it has invested $ 200 million in research and development in the last two decades to support its software intelligence solutions. These solutions provide overall analysis of software systems, and pay attention to major aspects such as technical loans, cloud readiness, security weaknesses and system efficiency.
The global presence of CAST is in nine countries and its stronger partnerships are with major industries giants such as BCG, EY, Extense, IBM Consulting, AWS, Microsoft Ejure, and Google Cloud. CAST software is used by hundreds of companies, key management advisory companies, 10 largest systems integrators and three major cloud vendors.
-IANS
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