DIGITAL TRANSFORMATION (DX): GATEWAY TO A $100 TRILLION OPPORTUNITY
SMART VALUE INVESTORS CAN CAPITALIZE ON A DX THEMATIC PORTFOLIO
Artificial Intelligence, Internet of Things (IoT), Blockchain, Cloud, Cyber Security, and Big Data & Analytics are some of the key technologies driving the Digital Transformation. A recent studyi says that Artificial Intelligence (AI)—a key technology in the Digital Transformation—itself could double the annual economic growth rates by 2035 and increase labor productivity by up to 40%. Top consulting firms, such as, McKinsey, Deloitte, Gartner etc. are working on understanding this fast-evolving space. Growth rates of these technologies is expected to be in the range of 15% to 60% CAGR over several years in the future. It is possible for an Indian investor to invest in this secular theme of Digital Transformation by taking exposure to a thematic portfolio of companies which are positioned strategically to take advantage of this theme.