Modi govt to enhance its 2015 spend on technology, says Gartner.
Indian companies are expected to continue investing in IT infrastructure despite global economic challenges and the country's IT spending is projected to grow 9.1 per cent to USD 79.8 billion in 2012, according to research firm Gartner.
A computer with NPU can handle a wide range of tasks directly on personal devices without relying on a Cloud service.
Offshore business process outsourcing will grow 65 per cent year-on-year in 2004 to touch $3 billion, according to a study.
The sector may not touch the 30-40 per cent growth rates it witnessed before the slowdown, but an register above 20 per cent growth as it nears calendar year 2011, says Partha Iyengar, regional research head and Vice President, Gartner India.
Economic growth and strong offerings by computer assemblers will drive the demand for personal computers, expected to grow at 18 per cent, in the country in 2003, according to Gartner Dataquest study.
IT end-user spending in India is expected to grow at a compounded annual growth rate of 14.8 per cent from 2007 through 2012 to touch $110 billion (Rs 484,000 crore) by 2012, says research and advisory firm Gartner.
The Indian personal computer market posted growth of 35.1 per cent, shipping over 8.85 lakh units in the third quarter of 2004, buoyed by small and medium business and finance and banking segments, according to global research and analysis firm Gartn
While the current headcount reduction has more to do with slowing demand, the rise of artificial intelligence will impact jobs in the future.
Captive centres set up by multinational corporations in India are posing a serious threat to the domestic outsourcing companies.
For IT services companies, ESG (environmental, social, and corporate governance) metrics are becoming a crucial component in winning deals as clients are considering sustainability a top priority and are keen to work with partners who are on the same page. "Sustainability is becoming an important part of the client's evaluation. "There is a tremendous focus across the world on sustainability, and it is becoming one of the top five business priorities.
Leading IT analyst Gartner on Monday said organisations operating in "constrained environments" in emerging nations such as India and China are innovating at a faster rate than ever before.
Tata Motors recently cut the sales forecast of its luxury car brand, JLR, due to chip shortages, scaling down its production numbers from the earlier 120,000 units to 60,000-65,000 units by September, and leading to an almost 10 per cent fall in the company's stock. In May this year, Bosch India, too, had stated that chip shortfalls would impact its production, as supply chains were getting disrupted.
'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'
The top five India-based IT services providers grew by $4.5 billion in 2010, according to a study by IT consulting major Gartner.
The mobile user base is expected to grow to 815 million this year, from 755 million connections in 2013.
"This growth was primarily driven by the mobile PC market which grew 29 per cent year-on-year in the third quarter of 2011," said Vishal Tripathi, principal research analyst at Gartner.
It's the second time Nasscom has projected single-digit growth in a decade.
French IT firm Atos is planning to hire 15,000 people in the next 12-18 months in India, including climate experts, as it moves towards decarbonisation by 2028, chief operating officer (COO) Nourdine Bihmane said. "India is a strategic market for Atos. "We have been present here for the last 30 years, and we have grown organically since. "People and innovation are our two key drivers to build momentum. "India represents one-third of our total workforce," Bihmane said. Atos has around 40,000 employees in India.
Intel and Motorola might dump Israel in favour of India and China as the hub of their activities, the Israeli representative of global IT consulting firm Gartner said.
Reflecting an immense growth potential, India's Enterprise Application Software market stood at $39.4 million on 2002 constituting six per cent of Asia Pacific EAS market, according to Gartner Dataquest.\n\n\n\n
India has been named as the top country for delivery of offshore Business Process Outsourcing services among large companies.
Server revenues from India recorded a 31.3 per cent rise to $9.83 million during the second quarter ended June 2004, while that from Asia-Pacific rim registered a 12.4 per cent rise totalling $1.37 billion
With intense competition in telecom sector, the two companies are rushing to diversify into other revenue streams, prominent among which are cloud services.
Mobile handset sales in India are forecast to reach 251 million units in 2013, an increase of 13.5 percent over 2012 sales of 221 million units, according to Gartner, Inc.
Foundries in Taiwan account for more than 75 per cent of the chips that mobile devices made in India need, according to estimates by the Indian Cellular and Electronics Association (ICEA), which represents global and domestic manufacturers. The number is slightly lower, 60 per cent, if one considers all chips -- those of consumer electronics, PCs, laptops, autos, etc. This ties in with the fact that foundries in Taiwan, led by TSMC, account for over 70 per cent of the world's microchip supply, according to estimates by Gartner.
Personal computer shipment to India grew 19.5 per cent to cross 2.5 million units in 2003 with HP securing the top slot with a 9.6 per cent overall market share followed closely by HCL at 9.1 per cent in terms of units shipment.
With the insistence on data centres to be onshore, entities in real estate believe there is going to be a rise in demand for specialised Grade-A commercial spaces to set these up.
Though global IT services spending is likely to cross the $1-trillion mark to reach $1.031 trillion, growth rate will slow to 3.8% in 2019, compared to 6.7% last year according to reports
Chipmaker Intel, which last week announced a partnership with watches and fashion accessory retailer Fossil Group to develop wearable devices, is scouting for manufacturers to launch such devices in India.
India's enterprise software market is forecast to maintain its strong performance, with an estimated compound annual growth rate of 14.6 per cent from 2011 to 2016 -- the highest growth rate in the world, the technology researcher said.
Enterprises in India will continue to use BI to be transformative in their approach.
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
The revenues from mobile services stood at Rs. 1.1 trillion in 2012, Gartner said in a statement.
India's domestic IT services market ranks third in Asia/Pacific.
Apple follows the October to September calendar for its financial results.
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