Juliane Frommter, Program Director – Next Step India,
German Accelerator, she spoke about German digitization and its export
potential for India. She spoke about digital transformation which is changing
of business processes and models, digitalization which leveraging on digital
technologies to improve processes and digitization which is creating digital
representation of physical objects and attributes. German accelerators focus in
India are the sectors in which opportunities lay ahead for digitalization are
Industry 4.0, Enterprise tech, Healthcare and Logistics.
She pointed out few points for the German companies to take note of before
entering in India. These were:
·
Spend
time understanding your customer
· Provide superior technology and value proposition
· Meet local pricing expectations
·
Localize
and take help