Role of IT in Indian Economy

In simple words, IT ‘Information Technology’ connotes to the technology usage, be it a software or hardware, used for business solutions, data processing and day-to-day functioning of firms worldwide. In India and on a global scale, IT industries are booming and continuously growing with time. As per the expectations, the IT and BPO industry is positioned to grow in terms of industry revenue generation of up to USD 225 billion by 2020. In 2013-14 fiscal, the sector is expected to achieve a growth rate of approximate 18% as compared to last year about to touch 600 billion in revenues. Each and every industry depends on Information Technology including retail, banking, financial services, pharma, media, manufacturing, hospitality, telecom and more. Software and other technology solutions have become a vital part of all small, medium and large-sized companies, start-up firms, government bodies and public sector units. Newly emerging and evolving trends and technologies like mobile applications, cloud computing, big data, virtualization, social media, and data analytics and management is opening a new way to create more job and career opportunities in IT sector. According to strategic review at NASSCOM, there is going to be a rise in job opportunities for skilled and talented professionals in this fiscal.

IT is used in many verticals and domains and finds it usage for multiple purposes. For example, in BFSI (Banking & Financial Services Industry), IT finds its utility in installing ATM networks, computerizing branch networks, office automation, processing and handling mortgage loans, managing customer relationships, handling credit and debit cards functionality and last but not least enabling internet banking. In healthcare industry, IT has multiple roles to operate and function. Along with utilized and needed for processing raw data and information, conducting hospitality management, managing insurance and billing choices, coordinating inventory, it is also used in managing logistics and cataloguing records including patients’ history. Wondering IT usage in Airlines or Manufacturing industry? In Airlines industry, IT provides several benefits like used in enhancing passenger services, keeping a well-defined track record of logistics and airline cargos, effective management of fuel including gas and oil logistics, coordinating for different flight operations and airport operations and much more. In manufacturing domains, IT finds varied purposes and usages including raising capital productivity and efficiency, adhering to W.T.O. norms, handling and managing sub contractors, suppliers and distributors, boosting operational efficiency and performance, lowering down fixed and variable costs, mass customization of items and understanding shrinking and dwindling product life cycles.

In today’s competitive and challenging world, software and IT applications are used in almost everything including banking, mobile networks, high-end ticketing technology etc. The job opportunities are high in this arena and in next few years, there will be a revolution in the software industry. In telecommunication industry, over the years, there has been a consequential growth and boom especially in the mobile networks field. Mobile has become an essential part of our day-to-day lives. Due to such globalization and revolution, the entire world seems to have become like a small place. The successive growth is not only seen in the domain of mobile technology but also in communications, internet and WLL technologies. In a shell, with the introduction of privately held telecom organizations experiencing unprecedented boom and progress, telecom is expected to show sustained and stable growth in coming few years. The overlapping of simple communication and entertainment knowledge will make it even more rebound and restored. The demand for telecommunication industry is expected to grow and continue in the coming time for sure.


Industry wise, electronics have been the forerunner and herald of the revolution and it has been witnessed that high end technology, computers and communication are at every corner of the world. India has gained immense popularity and fame and even respect across the world due to its leading software and web development giants like Infosys, Cognizant, TCS, Wipro, IB Technology , a few are among the top notch companies. In addition, these companies outsource solutions all over the world and 80% of the job opportunities are offered by them especially in the telecommunication and software domains.

Business Opportunities in Virtualization & Cloud Computing

In today’s technological world, there has been a better understanding and acceptance of virtualization as well as cloud computing among enterprises with many of them already planned and switched their next step to big data centers. As per the Managing Director of SAARC and VMware India, T Srinivasan “New and emerging trends including enterprise mobility and software defined data centers will play a significant role in ascertaining the next step of the virtualization and cloud excursion.” While managing and contending a large number of ambiguities and confusion over the last few years, the IT industry showed great flexibility and compliance including a considerate globalized business environment those swift companies timely to hold off their investments and Indian currency that in real affected the IT decisions of several enterprises. Though, with time we have seen a growing and spreading adoption of virtualization and cloud computing technology over the period of time as there has been a better maturity, responsiveness and understanding among consumers on the business advantages and positives of cloud computing services.      

Our recent discussions with the customers are also about how fast and speedily they want to move to the cloud. The discussion is no more about the fact that how long will it take for them to virtualize, but how fast they can do it. According to the findings of annual third VMware Cloud Index 2012 and a legal study supervised by Forrester Consulting apprehended that approximate 81% of the appellants agree that virtualization is extremely critical to enable cloud computing and about 94% have planned already to take a next step of leveraging virtualization in their companies and organizations. The study also revealed the fact that there has been a rush going on in the cloud usage in India where more than 50% of the defendants have already adopted cloud computing solutions and there has been a remarkable growth hike of 25% as compared to year 2011. About 30% of the prospects have confirmed that they are planning to devise cloud computing solutions within next 18 to 24 months of time period, highlighting the attributes and features of growing and emerging cloud computing in India.

In simple words, the market has been flourished and matured with a better idea and conceptualization of virtualization and cloud computing among firms and many of them have already planned to take their next big step for their business data centers. Based on our knowledge and understanding, they believe the evolving trends such as enterprise mobility and software defined data centers will play a magnificent role in the long run.   

Software Defined Data Centers – Such data centers provide sound and effectual cloud computing solutions for agile, robust and trustworthy IT applications by extending the virtualization positives to each and every domain in the data center including storage, compute, networking and the associated security solutions. In addition, these data centers isolate the essential hardware resources and splash them into aggregate capacity, enabling the process of automation to effectively and securely trifle it out as required for applications. Moreover, the customers making use of such data centers can have their own virtual centers too with a separate collection of all virtual storage, compute, security and networking resources they are used to. Apart from covering the inherent flexibility cum rigidity of the system under a bundle of scripts, such constraints actually alter the way in which data centers are delivered. The final outcome for enterprises will be promising and transformative – turning software defined data centers to render strategic and imperative advantages to the business by delivering the same advantages for IT as a whole that virtualization provided for memory as well as computing.

IT industry is no longer just a game, it has competition. Users have become more competitive and challenging. They make use of latest tools and technologies to woe different organizations and not only to provide easy access and business compliant technologies but also to enable a productive and dynamic workforce. The coming period is seen by many of them as an era of multi device mobile computing workspace, BYOD, along with the consumerization of IT. The leading and emerging service providers catering infrastructure management, enterprise computing services, virtualization and cloud computing solutions, information security services and network management are IB Technology , IBM, HCL, Cisco, Cognizant, Unisys and Infosys.     

Career Opportunities in Indian IT Sector

The participation and contribution of the Indian IT industry towards the growth and development for profitable as well as non profitable activities has been remarkable. ITES and IT industries have significantly conferred and shared their exemplary contribution to the GDP, employment generation and foreign exchange earnings. The future face of the IT industry seems promising and bright in the country. There is a bunch of employment opportunities in the information technology sector. Being an extremely diversified and dynamic marketplace, the IT industry is always in search of smart, tech savvy and multi tasking professionals. In addition, the booming and ever growing sector is not only entering for the IT expertise and skills but also for acquiring jobs in other arenas too.

Trends in Indian IT Industry

Considered as one of the biggest employers in the country, the IT and ITES industry not only proffers numerous jobs but also make efforts to follow varied employment approaches and boosts people with several gender, skill capabilities, sets and qualifications to work altogether. Along with providing employment jobs and opportunities in non metro and smaller cities to students and youths, according to the study and our research, approximate 50% of the employees of bigger IT enterprises belong to non metropolitan cities. In addition, the industry encourages differently capable individuals to rise more and fully utilize their skills by employing and giving training to them. ITES industry mainly focuses on providing job opportunities to less qualified and non technical guys to enter the arena. One of the biggest focus core areas is women empowerment and accreditation for them. The rise in the number of women getting employed year by year in this industry shows that the sector provides equivalent job offers and opportunities to women. Indian IT industry marketplace has a very high growth increase and rate, which shows in real the overall employment ratio resulting in raising the chances of employment every year. According to NASSCOM 2011 report stats, the number of people hired and employed in IT and ITES industry has increased remarkably from 6, 70,000 to 2,580,000 in last 6 years. This field is expected to grow and spread more in the coming few years.

Leading Giants of IT Industry & Areas of Specialization

The few leading key players of the IT industry are Yahoo, Google, Wipro, IB Technology , Infosys, Tata Consultancy Services, Dell, Oracle, IBM, Accenture, Cisco and Microsoft. The key arenas of IT industry specialization comprises research and development, maintenance services, computer manufacturing, designing, product quality control, networking, application programming, reliability testing, software engineering, system developing, enterprise resource planning, data entry and operating jobs, data warehousing applications and management and more.

Problems Faced and Masked by the IT Industry

Irrespective of the mere fact that the demand of engineers is always higher than other professionals in the country, at times Indian IT industry is unable to hire talented and brilliant people. Many of them either don’t have in-depth knowledge of the IT industry or doesn’t fulfill industry’s defined norms and standards. Often, they lack good communication and spoken skills. The professionals need to be trained in such areas for their own betterment and growth of the country. Last but not least, in India IT and ITES sector has a booming and rising growth for sure and more youths have been attracted towards this arena in last few years. 

Top 5 IT Companies in India 2013

Infosys Technologies Ltd was started by 7 people in 1981 with US$250.Today after 31 years Infosys new worth US$ 7.231 billion and become the 3rd largest IT Company of India. Infosys become the global leader in IT Consulting, It Services, Mobility Solutions, Life Sciences and has 67 offices &  68 development centers in  Japan, Middle East, UK, Germany, France, Switzerland, Netherlands, India and China.

• Address : Electronics City, Hosur Road, Bangalore 560 100
• Phone: +91 80 2852 0261
•  Fax:+91 80 2852 0362

Wipro Technologies was started in 1979 and within 30 years emerge as eminent player of IT Industry. Wipro technology is counted among the top 3 offshore BPO services providers. Wipro has more than 90,000 employees that offers solutions to Fortune 1000 or Global 500 companies.

• Wipro Limited : Doddakannelli, Sarjapur Road, Bangalore - 560 035, India
•  Ph: +91 (80) 28440011
• Fax: +91 (80) 28440256

HP is global IT Company that innovate new technology to solve people problems and challenges.HP was founded in 1939 and has presence in over 170 countries. HP is the world's largest Software Company with net worth of $127.2 billion. For making our life simple - HP brings Laptops, Desktops, All-in-One PCs, Printers, Ink & Toner, Monitors, Accessories and Software.

•  Hewlett-Packard India Sales Pvt.Ltd : 24, Salarpuria Arena, Adugodi, Hosur Road, Bangalore-560 030
•         Phone: (080) 33824000 / 33829000
•        Fax: (080) 33829434

IBM is prominent IT Company and in 1992 started its operations in India. IBM has headquarter in Bangalore and has presences in 14 Indian cities - Delhi, Mumbai, Kolkata and Chennai. IBM India services portfolio includes IT Consulting, IT Services, Financlai Solution , Life Sciences Solutions and Software Development.

• IBM India Pvt Ltd : No.12, Subramanya Arcade, Bannerghatta Main Road, Bangaluru, India - 560 029 

Cognizant is the 2nd largest IT Company of India and ranked among the world' fastest growing companies. Cognizant offers Technology, Consulting and Business Process Outsourcing services to clients across the globe.

• Address : #5/535, Old Mahabalipuram Rd., Okkiam Thoraipakkam,Chennai - 600 096
• Ph: +91-44-42096000
• Fax: +91-44-42096060

IB Technology : IB Technology is IT Consulting company, counted among the top IT companies of India 2013. Company was established in 2001 and has over 10 years of experience in providing IT Solutions, Business Process Consulting and application development, has foot prints in Cape Town, Iselin, Johannesburg, Dubai, Delhi and Mumbai. IB Technology has experienced team of over 1000 professions that works to provide best solutions to its eminent clients.

• Address: Indiabulls House,448-451, Udyog Vihar,Phase-V,Gurgaon, 122 001

How to move on the Cloud Computing Services

Some of the advices given by top most channel executives are entitled here in this post in brief on how to take a move on the cloud computing services. The information provided is best to our research and knowledge and hope you found it informative too. At a recent event, most of the channel executives were giving their views from where to start in cloud computing, which cloud services to offer and develop cloud credentials and expertise including the best ways that could be possible to sell cloud solutions. The few important takeaways from the discussion are mentioned below.

1.       Start with cloud services – Cloud Solutions represents a major transformation in IT practices though it can a bigger change for solution providers especially if your business is IT services. Everything changes while adopting cloud based services i.e. the business model, finances, required skill sets, cash flow, everything. This is the reason that it is no more surprise that the service providers are sometimes in a loss while getting started. According to Cisco’s Senior Director, it is preferred to go for an incremental strategy during the transition period of your business and addition of dedicated cloud computing solutions to existing product service caterings. It will really assist them to grab more knowledge about cloud computing skills and start the transition to an iterating business revenue model.

2.       Analyze and decide priory the form of cloud services you want to deliver – When it comes to cloud computing, every solution provider has its own view on the same. Few of them wants to create their own cloud service capabilities, whereas few wish to resell cloud computing solutions from external vendors and then add their own value added applications for better outcomes and flexibility within the network.

3.       Always get certification in cloud services by pioneering vendors – Getting cloud computing certifications is one the best ways not only to avail credentials but also to showcase cloud competency and fitness to prospective consumers. Being helpful in building tight and close relationships with several prospective vendors, certifications also help in selling services across the portfolio along with making sure that your business provides a right blend of products and services.

4.       Create and find new skills, your own subjective property – This is different from everything i.e. apart from the skill set that needs only to buy, sell, install and maintain. At the end of the day, still there are few people that demands to install, implement and support. Try to have your own value added services, your own intellectual property and the more addition you can make to the offerings, the more margins you will make for sure. As per chief executive of Cisco, integrating on premise cloud computing applications is in high demand and extremely purposeful and beneficial.

5.       Create a vertical domain expertise – Creating expertise in cloud computing is an integral part of the challenge. As enterprises subscribe to cloud based services, they look for expertise and applications specific to related industries. It is mandate to gain the technical aptitude and competency and take ownership of the business these days to excel and have more visibility.

6.       Amplify sales efforts beyond IT – With the increase in cloud computing technology services adoption, the bigger roles were usually handled by line of business managers in IT purchasing decision making. As said by chief and renowned executives, it is advisable to empower and accredit the line of business decision and management making, and be more open to point based cloud solutions.

7.       Provide cloud transition solutions – Metamorphosing to cloud based solutions can be difficult. The major challenge as well as opportunity for service providers is to provide technological roadmap solution to assist consumers to make that move. In general, customers are confused and don’t know how to make the transition of existing caterings into cloud based offerings. So, it is an amazing opportunity to make people more aware of them and helping them out in the integration and installation process.

In shell, there are many leading service providers offering infrastructure management services including virtualization and cloud computing based solutions like CA Technologies, IB Technology, HCL Technologies, Infosys and Siemens. 

Top 10 IT companies in Mumbai

Information Technology is pervasive and universal in the lives of people across world these days. The technologies have taken different forms in recent few years like smart phones, personal computers, web, internet, digital assistant, cloud computing, mobile phone applications etc. In fact, the list is still going on and growing consistently and working in either way to walk into people each and every daily aspect of life. Few reckoned and preeminent IT companies in Mumbai are mentioned in below:

·         3i Infotech Limited – Having approx. 1500 customers across 5 continents and in more than 50 countries, the company is offering a vast array of IT solutions to address needs of different industry verticals including Government, Insurance, Banking, Capital Markets, Retail, Distribution, Asset and Wealth Management, Manufacturing, Healthcare and Telecom.

·         FINO – It is an Indian financial service firm mainly catering to the group who are not a part of banking network.

·         Forbes and Company Ltd. – Situated in Mumbai and founded in year 1767, it is one of the oldest firms focusing on three major areas including business automation, engineering, shipping and logistic.

·         iGate Patni – Having 23 international offices worldwide and employed about 15,000 people, iGate is amongst one of the foremost IT and business solution services company.

·         IB Technology – Developing and providing mobile applications across multiple platforms like Symbian, Windows and iPhone, this company is constantly tracking new enhancements and testing applications on new devices.

·         Hexaware Technologies – Established in Mumbai, the company is a CMMI level 5 firm having more than 7000 employees across 175 continents at present. Rated as the sixth best IT employers from India, the information technology and business process outsourcing service provider is offering solutions in insurance, airlines, financial, healthcare and banking.

·         CRISIL – A prominent research, rating, risk and policy advisory firm catering domestic and international user’s independent details and solutions linked to corporate advisory, risk assessment, credit rating, energy and infrastructure.

·         Infrasoft Technologies – The financial service provider is one of the biggest Islamic banking and anti money laundering Software Company.

·         Larsen and Toubro Infotech – Having 39 registered offices in about 22 countries, the CMMI level 5 certified company, it is a global IT service provider company ranked at 8^th position in Indian IT industry.

·         GTL Limited – It is amongst one of the biggest network service providers having approximate 80,000 towers after Rcom merger.

Enterprise Mobility Consulting Business Process

The first step before getting into enterprise mobility solutions is to create a mobile strategy. Millions and billions of mobile applications are downloaded with each passing day, though many of them do not run into the customizations and criticalities required in the enterprise. The advantages of customer relation management and enterprise resource planning are vast and directing a great path towards development of mobile applications focusing on specific industries. It’s mandate for any company to decide and think of a mobile tactic before jumping on any solution, which actually works. Few things to consider are mentioned in brief in below.  

·         Find the right consulting partner – This is one of the most essential steps to consider. You have to find the right consulting partner or company who knows through in and out the mobile applications.

·         Analyze company’s objectives – Think how mobile applications help clients to sell or boost the efficiency of their existing actions, brainstorm few ideas, note them and share with the group to figure out more.

·         Decide security limitations and rules – This is a mere fact, wherever the mobile phone goes, the data will be also available there. Think of the risk factors and advantages associated, note them down and share with the peers and group.

·         Conclude the platforms on which you want to create mobile applications – There are umpteen options available out there, think wisely and conclude what you are going to use whether an iPhone, iPad, Windows, Androids or SmartPhones having just a browser.

·         Think of a budget and timeline – This is another important factor to consider time line and approximate budget estimate.

According to the research, it has been evaluated that out of 100%, at least 5-10% really has a solid mobility strategy consulting approach and idea to start with. Mobile applications could be extremely beneficial for your business, as the world is changing and moving at a speedy pace, thinking of a mobile strategy could be the foremost step to stay competitive and challenging at the mobile platform. Created for different business verticals such as banking, healthcare and insurance, such applications could be used on different platforms like Android, iPhone, BREW, Blackberry and Symbian. Stored at their mobile application stores, the revenue gets generated by downloading these applications used by the customers around the world.

These days, the most popular and demanded applications are music applications, gaming applications, online libraries, currency converters etc. To get superior standard applications for your company, its must to make sure that the mobile applications are created by experts or by an enterprise having experienced and skilled mobility resources. For many firms having a spreading and growing work environment, the development and maintenance of asset management system includes planning a mobile strategy that takes both time and effort. A customized management system not only helps in improving return on investment but also in keeping data secure and confidential, along with successfully integrating several devices from a wide variety of sources.

Fetching the positives and advantages of mobility solutions to associate with your partners, end users and employees at anytime and from anywhere is a resourceful and keen step for service chain optimization. One of the main benefits of using mobile applications is to optimize the resource utilization and usage, better customer satisfaction and asset uptime with end to end enterprise solution optimization, mobilized for each and every role. In addition, these solutions assist you increase employee connectivity, boost services linked with stock management, customer interaction, field service scheduling, workforce management and location based services. There are several mobile application development companies who are developing custom based web applications for different devices and operating systems. At present, mobile web applications that are vastly used all around the globe are usually from social networking, gaming, business, education, music and entertainment, maps, navigations and news. Last but not least, the future of today’s business is to convert web applications to mobile applications. And, few renowned service providers are IB Technology, Infosys, Unisys, TCS and Cognizant.