| |May 20229Indian SaaS companies especially during last 2-3 years, have launched innovation solutions in latest tech like AI, ML, chatbots, cybersecurity apart from the direct business need related solutionsc. Lastly, Indian SaaS companies especially during last 2-3 years, have launched innovation solutions in latest tech like AI, ML, chatbots, cyber-security apart from the direct business need related solutions.d. Previously, it was said that Bangalore was the startup hub of India, but during pandemic, Guru-gam and other metro's + even tier-2 towns are com-ing-up with startups at a rapid pace, as lot of young people are looking at being entrepreneurs to make a difference, and this is something global companies want to tap.3. Talk about the level of employment op-portunities offered in this industry and what are the skillsets in demand?As SaaS industry continues to expand, so does the employment opportunities which are increasing at a rapid pace. Agility, hard work and passion towards launching new products/solving business problems innovatively is a key skill required. Apart from those, technical skills in demand are: · Industry Specific Business Analyst: These peo-ple provide know-how on how to reinvent existing business processes through innovation solutions. · Full Stack Developers who can plan, architect, and develop solutions at a quick pace· Database experts with knowledge of traditional databases and modern databases like Hadoop.· Cloud Computing specialists especially on Azure and AWS· AI/ML professionals are difficult to find and very much in demand. · U are in a high demand, as they have a huge re-sponsibility to safe· Mobile app developers as business needs SaaS products on mobile with a great UI/UX.4. What are the current key SaaS trends driving India's startup ecosystem?In my view, key trends are:1) Industry-centric solutions solving problems which provides more visibility to data involved in business processes helps in decision making, con-nects the ecosystem, i.e good supply chain plan-ning solution which integrates with all business processes. 2) Data Analytics & Data mining with tools like Tableau, PowerBi, and others, which give business insights. 3) Bot-based solutions like RPA, chatbots supple-mented with ML/AI are the next big thing4) Innovation keeps happening on how to further ease collaboration/virtual working. 5) Cybersecurity solutions are evolving with newer detect, prevent, scan and respond techniques.6) Cloud technologies are evolving at a rapid pace with both AWS and Azure making things very easy. 7) Innovations in Blockchain solutions in busi-ness is to be closely watched.5. Where is India's SaaS industry headed?I think the Indian industry has a very exciting time ahead. Freshwork getting listed in NASDAQ itself was a very big thing. The company has grown fast with excellent customer centric solutions in the past few years. I think new innovations will keep on hap-pening, which will allow business processes to rein-vent themselves through innovative SaaS products. I think there will be a lot of new companies com-ing, and with Indian Government also putting-in re-forms like boosting inputs to various businesses like support systems and equivalents are creating the buzz for India's startup culture. A lot of compa-nies that have been there in this space may become unicorns. So I think it's an exciting time ahead and I think more and more innovative solutions may come-up, which may be at the end make customer's life easy. It is important for this journey to go on for country's success.
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