India’s technology industry has enthusiastically welcomed the opportunity to lead a new wave of technological innovation delivered by the MDDEAS®. Recognizing the ability to generate a significant new source of revenues from under-commercialized regions around the world, three of India’s top technology firms signed on July 1, 2016, initial agreements for selection as either the E-Hub Technology Partner or as a Technology Gateway.
The E-Hub Technology Partner will deliver a world class service via a SaaS cloud environment—spanning the digital commerce, finance, insurance, and logistics industries. This partner will also oversee the establishment and maintenance of the data centers around the world as well as collaborate with the world’s 12 leading technology firms that will serve on the E-Hub Technology Governance Board to commercialize and continuously enhance the core system.
These 12 leading firms will also act as Technology Gateways that will connect the trade participants to the MDDEAS® via seamless integration of existing vertical systems or via portal-in for those trade participants without a system.
These firms will have a new market opportunity projected to reach nearly USD 400 billion by 2030.