Information technology services are considered to be a sunrise industry in India and have expanded at a phenomenal growth rate. In fact, some of the biggest names among global information technology companies are headquartered in India. The industry, which is popularly known as the IT-ITES sector, i... View more
Information technology services are considered to be a sunrise industry in India and have expanded at a phenomenal growth rate. In fact, some of the biggest names among global information technology companies are headquartered in India. The industry, which is popularly known as the IT-ITES sector, is highly export-oriented and at the same time, generates a lot of its overall revenue from domestic clients spread across various industries. Information technology services are a major contributor to the country’s gross domestic product (GDP) and also employ a large section of the skilled workforce.
However, the recent worldwide financial crisis has negatively affected the information technology sector and has resulted in less hiring and surplus workforce. With the shrinkage in billing rates, overall revenues have also taken a hit. A more focused customer-centric approach, shift towards newer emerging markets and adoption of innovative business models should help in the revival of the industry. Hide this
The Cloud Computing Market which includes software-as-a-service (SaaS), platform-as-a-service (PaaS) and infrastructure-as-a-service (IaaS) is estimated at INR 25.6 bn in 2010. Increasing IT spending among corporate coupled with growing small and med....
The new report, CRM Market in India, states that over the years CRM has evolved from point solution to 360 degree enterprise-wide initiative in India. As of now, CRM implementation in India is mainly focused on marketing & campaign management. CRM ma....
Nanotechnology refers the applied part of nano science including the engineering to control, manipulate and structure the matter at an unimaginably small scale. Nanotechnology is still in a developing phase in India. With growing awareness and large ....
Server market in India is currently undergoing through a phase wherein the market can be characterized with steady growth and a cut-throat competition amongst players operating in the market space. Prime factors influencing growth in the market happe....
A steady rise in the disposable income coupled with tremendous usage of internet in India, is primarily inflicting growth in the Indian e-Commerce market. Factors such as the busy lifestyle of the working class and a tendency to save time are further....
