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Asia/Pacific Infrastructure Management Software Market to See Brighter Days in 2010 IDC finds that the negative impact from the economic crisis is almost over for the infrastructure management software market in most countries in the Asia/Pacific excluding Japan region (APEJ). Budgets and purse strings have started to loosen up again with a rebound expected in 2010. IDC expects the infrastructure management software market to experience a 12% year-on-year growth and return to double-digit growth rates during the forecast period up to 2014, according to IDC’s Asia/Pacific Semiannual Software Tracker. |
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Developing Nations in Asia and Latin America trying to emulate India’s Success Story The Indian software exports, as is well known, have grown from less than $100 million before 1990 to over $5 billion in 2000. What is not well known is that revenue per person per year has grown from less than $20,000 to over $50,000 in most large companies in the last five years. This is not simply due to ‘inflation’. Though the industry is still focused on tapping the huge software services market, most of the big players have moved from lower value services to higher value services. In the early days, the service was primarily providing technical manpower, which later moved to providing low-value services like coding and testing. Now Indian companies are operating even at the top end of the spectrum in terms of technology (Corba, Java, E-commerce, etc.) or the services (complete business solutions, consultancy, strategy, etc.). The high rates they command is an indication of the perceived value in the eyes of the customer of the services they provide. The amazing story of the Indian software industry has spread far and wide. Not only the developed countries but also other countries are equally impressed by the performance of the industry. From the presentations that representatives of various Asian and Latin American countries made in a recent workshop in China on ‘IT industry in developing countries’, it is evidently clear that many developing countries today want to emulate the Indian success story.
We at iPOTT (www.ipott.com) initiated a SWOT, gathering information and opinion from the market. The summed up information is very beneficial for the understanding of the INDIAN SOFTWARE MARKET. read more: “Strengths” that make India Software Inc“ More Strengths” that make India Software Inc “Weaknesses” of India Software Inc “Opportunities” in the face of India Software Inc “Threats” that make India Software Inc The SWOT in a nutshell.. |
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Indian Software Product Market is going to get extremely bullish… it’s time for software vendors to understand and prepare their We were trying to identify the parameters which influence the market. The 4C’s (customer, cost, competition & change) are driving the market. We wanted to drill down to basics. Result was the question on “the top 3 parameters which influences a company’s decision in software vendor selection process”. |
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India can well become the ’software superpower’ of the world by 2020, but all depends on investments in workforce development and country-level infrastructure, a report by IT research firm Gartner said.
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Indian information technology (IT) industry has urged the government to continue tax breaks under the Software Technology Parks of India (STPI) scheme, an issue which failed to find a mention in Finance Minister Pranab Mukherjee’s Budget speech on Friday. IT industry has also been disappointed by increase in minimum alternate tax (MAT) that would put extra burden on small companies.
Demanding extension of STPI scheme beyond March 31, 2011, National Association of Software and Service Companies (Nasscom) President Som Mittal said: “There was also no move towards announcing parity of incentives between the STPI and the SEZ scheme which is again necessary for small companies and development of Tier 2 and Tier 3 cities… we will engage with the government and through the Ministry of IT to represent for an equitable benefit to the SME sector.” Indian software export industry is set to touch $48.7 billion this fiscal and it is currently not taxed. Mr. Mittal further said: “While overall the Budget is positive, we are disappointed with the increase in MAT which will be a burden on small and medium businesses who are still struggling with the impact of the global recession.” He, however, said the enhanced deduction on R&D investment would propel greater thrust on innovation and IP creation helping India to realise its vision of being the global R&D services hub. Read the rest of this entry » |
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Some cheer, some tears for IT
02
27
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The finance minister announced the transition of the Unique Identification Authority of India (UIDAI) into an operational stage and allocated an amount of Rs 1,900 crores for this project. The large allocation along with the proposal to constitute a Technology Advisory Group for unique projects is a welcome move and one that is likely to open up significant avenues for the Indian IT sector in the fast growing “e governance” market.
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