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India’s Software Industry Thinks Big

India’s software development skillbase is huge but its success has come in producing software for others – either through its multi-billion IT services industry or as an offshore location for multinationals like SAP, Oracle, IBM and many, many more. Its software products industry is by comparison, small and little known. Not content with this, to promote the growth of domestic [...]

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Wipro moves to tackle advanced technologies

Wipro is creating a major new line of business which will create solutions around cloud, mobility, and analytics. Some 3000 staff will be moved into this new unit which will be headed by Shaji Farooq, the executive who joined Wipro from Infosys in 2012. Wipro is planning to report revenues of this new business line separately from Q1’FY14. The development [...]

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Indian IT Security Market to Double in Five Years

India is one of the countries most affected by IT security threats. For example, RSA’s November 2012 Fraud Report ranked India as the third most targeted by phishing attacks globally. An earlier report from Symantec said that in 2011 in India the number of malicious attacks were up 81% – and that about half are hitting small and medium business enterprises [...]

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Cloud computing will drive IT industry growth in India

The Indian Cloud services market is growing at a significant pace, despite perceived and actual challenges such as data security, compliance (privacy laws, local laws) and worries over uptime. Moreover, the way customers are consuming high performance computing is also undergoing major change. PAC estimates that the overall cloud market in India is worth around INR 50 billion, with more [...]

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Innovation will be the growth driver for SAP in India
Keyboard (detail) with India map key

India is the fastest growing market for SAP globally and the manufacturing sector has been a major contributor to this growth – both large enterprise and SMBs. To maintain its growth story in India, SAP is enhancing its offering for other verticals: telecom, utility, retail, banking…

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Transport sector will contribute to tomorrow’s technology spending

In India, road transport is a key component for economic growth. Besides connecting production and consumption, roads and highways also open up new markets by gaining access to new customers. Roads and highways are always a preferable choice of transport in India with its more than 4 million kilometres of network (second largest network in the world). Yet the length [...]

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Mobile Banking in India – Public Sector Banking is leading the race

Mobile banking offers an attractive new way of conducting balance inquiries, account transactions, utility payments, and other banking activities using a mobile handset. In India the branchless banking evolution started in 2002 with SMS banking, and mobile banking (m-banking) emerged in recent years with the increasing penetration of smart handheld devices and growing usage of the internet on such devices. [...]

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Indian telecom sector to invest US $100bn by 2015

India is one of the world’s fastest growing telecom markets and this has driven massive investments by the private and government/ public sector and by domestic and international telecommunication companies. But important changes are under way. The telecoms companies’ subscriber base reached 951 million as at March 2012 and rural share has increased significantly, helped by increasing network coverage and [...]

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SITS for Indian insurance to grow 60% by 2016: a $1 billion opportunity

The insurance sector in India is growing rapidly thanks to the entry of private sector companies increasing competion. This in turn has forced companies to spend more on IT to chase competitive advantage. With ongoing growth in customer numbers and daily transactions, India’s insurance industry is seeing an impressive growth rate and is expected to keep this up in the [...]

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India Government: “SITS exports to almost double by 2017”

Rural India to be tapped to increase capability India’s Minister of State for Communication and IT, Mr. Sachin Pilot stated during a recent parliamentary session that the Indian SITS (Software and IT Services) Industry’s exports are forecast to grow 90% by 2017 from its current estimated level of US $69bn in FY 2011-2012. He emphasised that rural India has to [...]

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