Seeing a lot of traction in digital business, says Nitin Shah, CMD of Allied Digital.
Allied Digital foreseeing exciting time for digital business, said Shah.
Speaking to CNBC-TV18, he said the company is bidding for a select smart city orders.
He further added that the company is well placed for a healthy growth with transformation being completed.Below is the verbatim transcript of Nitin Shah's interview to Latha Venkatesh, Sonia Shenoy & Anuj Singhal.
Anuj: How much of a game changer is digitisation going to be for you?
A: It's a paradigm shift. It is not just an incremental change. This time it is going to be a revolution. The entire world is moving; not only in India we have been talking about digital, the traction that is happening across the globe in terms of digitalising all the businesses is going to be a complete disruption. Therefore, I foresee a very exciting time and a lot of change on digital revolution.
Latha: What exactly are the products - should we look at companies making point of sale (POS) machines, should we look at companies reading barcodes? Who should we look as a potential beneficiary and what are you making that will benefit?
A: It is not just about product because plenty of people will be making products. However, there is a solution which is more important and it is an integrated solution. So the solutions get integrated together, for example smart city, it is going to affect everybody like real time traffic management, adaptive traffic management...
Latha: I am only referring to financial digitisation?
A: Great thing like e-wallet has happened and plenty of other things happened without bank.
However, it has completely disrupted the consumer market and payment can be done without using the bank.
For entire interview, watch accompanying video...
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