SMAC, the acronym for social, mobility, analytics and cloud is becoming a business reality. In three to four years, emerging technologies will become a major component of revenue for Indian companies and will separate the “wheat from the chaff”, says Nagarajan, senior vice-president and head of Ecosystem Business Incubation at HCL Technologies. These technologies also offer companies an opportunity to move to higher-margin business by offering solutions that help businesses grow instead of increasingly cutting margins for typical IT services contracts. Via The Economic Times