Open Weaver Showcased in nasscom Report on India’s Tech SMEs

Nasscom’s Tech SMEs report features Open Weaver’s digital innovation case study

Chennai, India–(Newsfile Corp. – April 28, 2023) – Open Weaver, a SaaS tech startup, has been featured in the latest nasscom Report, highlighting India’s Tech SMEs’ rising presence in the global digital landscape. The report, titled “India’s Tech SMEs: Rising in the Global Digital Arena,” examines the growth and potential of India’s 10,000+ technology SMEs and their contributions to the country’s digital economy. It provides valuable insights into the challenges and opportunities addressed by these SMEs, thereby underscoring their invaluable role in driving the digital economy forward.

Open Weaver

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Open Weaver has been recognized as one of India’s rising digital tech SMEs in the report for its innovative kandi platform that has helped the developer community accelerate their digital goals. The report showcases Open Weaver among the Enterprise Software and Cloud platforms. In the age where all businesses see technology as their backbone, the case study explores how kandi from Open Weaver was able to help millions of global developers with their digital transformation.

Commenting on the report, Ashok Balasubramanian, CEO, Open Weaver, said, “We are proud to be featured in this nasscom report, which recognizes the contribution of technology SMEs in the global digital realm. At Open Weaver, we have always been committed to digital acceleration and the democratization of digital development. Our inclusion in this report reaffirms the value kandi and Open Weaver are delivering to global developers and the digital ecosystem.“

The report highlights the following impact from Open Weaver and its kandi platform:

• In 2022 alone, over 3 million global developers leveraged kandi to develop their applications.
• They reused over 28.1 million libraries and code snippets across Artificial Intelligence, Blockchain, DevOps, Gaming, and Augmented Reality.
• In total, this open source assets reuse represents over 1.01 Billion hours of digital development time that has been saved.

To know more about the value Open Weaver has delivered, and to read the full report visit nasscom’s knowledge center. For more information about Open Weaver and to try kandi, please visit Open Weaver’s website.

About Open Weaver

Open Weaver is a SaaS tech startup with a mission to reinvent digital realization and help developers build scalable applications faster. Open Weaver’s kandi accelerates application development through open-source reusability. Millions of global developers use kandi to build custom functions and projects. It saves 40% of application development time and effort by reusing over 650 million open source resources. Our unique IP brings the best of the world’s codified knowledge for reuse and artificial intelligence to build digital solutions easier and faster.

About “India’s Tech SMEs: Rising in the Global Digital Arena” Report

The tech SMEs will contribute an estimated $15-20 Bn in FY23 revenues, comprising 7-9% of the overall technology industry in India. This study is a first-of-its-kind publication on this crucial segment of the overall tech industry. The study also covers a brief landscape on the state of the tech SMEs in India, their growth trends, digital and traditional tech offerings, and the potential growth outlook through FY30.

Visit nasscom’s community to access the report.

Open Weaver: www.openweaver.com
kandi: https://kandi.openweaver.com
YouTube: www.youtube.com/c/OpenWeaver
Facebook: www.facebook.com/OpenWeaver

For more information, press only:

Media Contact: Dhiren Gala
Email: media.relations@openweaver.com
Phone: +91 9920349395
State/province name: Chennai
Country: India

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/163987