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IT Industry

Created by : Nagesh Mekala, Director - BD, Dextical  | 11 02 2008 12:57:09 +0000
Industry : IT ServicesFunctional Area : India(Markets)
Keywords : It Industry Software Development Application Development Offshore Model
Activity:  355 views;  last activity : 07 06 2010 20:18:09 +0000
This is regarding the future fundamental phenomena of IT Industry in India...
  
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It is a hot topic, everyone is aware of the fact that india heavily relay oh USA for it IT growth, perhaps after the US elections, it may see a downturn. So manyIT professional are going to be affected anyhow.

 

Thanks,

-Bhargav


By Bhargav Desai, QA&QC-Executive, Indusa  11 03 2008 05:05:34 +0000
 
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 IT in India is growing like anything and it has a nice future here. Today we have more IT professional with us who are doing well in are progressing in a very nice way.

There is a clear imbalance between the demand and supply of IT professionals with the result that this sector offers one of the highest remuneration packages. The Internet is a new revolution that is sweeping the world. It promises to change the way we work, live, shop, communicate and entertain ourselves.

 
By Rohini Kaushal, HR Executive, Etech, Inc pvt ltd  | 11 05 2008 09:23:53 +0000
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There is some historical degrade is going to be happen in India on IT Industry. As per my analysis, from the coming February Project Sales, ERP, All Application Development, SAP all are going to be down. So most of the professionals are going to be move on the roads. Only the Product Development Companies, Telecom and Health industry  are the Key players now in India, and the employees working under this verticals can survive. But remaining all sectors like construction, Airlines, Manufacturing, retails, SCM, CRM, HRM....all are going to be down.

This is only my analysis, i am not degrading any companies here...

Thanks

Nagesh


By Nagesh Mekala, Director - BD, Dextical  | 11 02 2008 12:57:09 +0000
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I do appriciate your views and analysis...but at the same time we know that when time gets tough , tough guys become tougher...In past also we had the low times but bounced back with full strength.Yes there may be some lay off , as SME's may find it difficult who depend mainly on monthly cash flow , otherwise strong palyers will be there to make kill.You may find more of mergers & buying happening now of small fishes by bigger ones.Consolidation will happen .

Regards,

Asheesh Pathak
By Asheesh Pathak, CEO, ETA NET SERVE Pvt. Ltd.  | 11 03 2008 05:05:52 +0000
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Not all, There may be a illusion but my opinion is there will be downtime for the industry but it don't to  continue longer.
By Vidhyasagar , Operations Executive, ABT Info Systems Pvt Ltd  | 11 02 2008 16:04:29 +0000
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