The Importance of Talent and Skill Building in the Indian IT-BPO
Findings of the NASSCOM-McKinsey Report 2005 indicate that, while more than three million students graduate from Indian colleges and the nation produces 500,000 engineers annually, only a very small percentage are directly employable by the industry. Only around 25 per cent of technical graduates and 10-15 per cent of general graduates are estimated to be [...]
Getting Your Strategic Plan Right The First Time
Six Factors For Tech Vendors To Consider When Planning A New Market Strategy
By: Christopher Andrews (Sr. Analyst, Forrester Research)
Preparing a comprehensive strategy for entering new markets is a balancing act for many technology vendors. Take too much time in the planning process and your organization is likely to miss market opportunities [...]
NAC: Creating a Skilled Manpower Pipeline for the Future
Recognising that a continuous pipeline of skilled manpower is what will sustain India’s edge in the global IT-BPO market, NASSCOM has been working with industry players to create a national assessment and certification programme – the NASSCOM Assessment of Competence (NAC). The initiative is aimed at creating a robust and continuous pipeline of talent.
This will [...]
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Market Place
Acquisitions and Expansions
Quest Software announces acquisition of NetPro Computing
Quest Software has acquired NetPro Computing, in a cash transaction valued at approximately USD 78.7 million. The acquisition of NetPro, a leading provider of Microsoft infrastructure optimisation solutions, allows Quest to further extend its product portfolio to deliver a comprehensive set of products to manage complex Microsoft [...]
Visakhapatnam – A New Port of Entry for Indian IT-BPO Sector
It may currently seem nascent in terms of IT-BPO activity but, Visakhapatnam has the potential to attract the industry, given the balanced mix of social infrastructure, affordable real estate, talent availability and cost of living it offers, all of which are necessary to fuel the industry’s growth. According to the recently released NASSCOM-A.T. Kearney Study [...]
The Indian Software Products Industry: Packaging a Success Story
It is the youngest segment within the Indian software industry and the fastest growing. At a CAGR of 44 per cent, the country’s software product industry is finally emerging from the shadows to cast a shadow of its own. Interestingly, the action has built up over the past three years, with larger companies achieving scale [...]
M&As: Small can be Powerful
Whether it is to add powerful complementary products and IP to their existing portfolios, to increase their list of blue chip customers, enhance their referrals in Europe and the Americas or improve their standing in the global markets — Indian IT-BPO companies are going for mergers and acquisitions, and taking the [...]
Forthcoming Events
The Emerge Out Conference
Dates: September 29, 2008
Venue: The Shangri La Hotel, New Delhi
High on NASSCOM’s agenda for emerging
companies, the “Emerge Out” Conference will provide a national platform for small and medium enterprises to deliberate on technology and business trends, and gain insights on the new opportunities opening out before them. A culmination of the numerous [...]
The National Skills Registry: Spelling “Security” for the Indian IT-BPO industry
Over the past few years, there has been a growing recognition of the fact that Indian IT-BPO companies, though secure, continuously need to review and revise the standards for maintaining a secure environment for their employees and customers.
Against this backdrop, NASSCOM and the industry conceptualised and launched the National Skills Registry (NSR) under NASSCOM’s Trusted [...]
Factbox
GDP
India’s GDP at 9.4 per cent was the second fastest growing GDP after China in 2007-08
FDI
As per the RBI, India’s actual outbound foreign direct investment (FDI) in 2007-08 was an estimated US$ 17,436 million, an increase of 29.6 per cent over US$ 13,454 million in the previous fiscal
Funding
Government funding for the research and development in [...]
