Industries

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SOFTWARE AND TECHNOLOGY

The software industry is one of the most promising industries in world. Software companies make widespread use of partner business models like, resell. Some software companies create and manage partner ecosystems around them. Each software ecosystem is created for a purpose and often one finds network effects in a software ecosystem.

IT industry is growing steadily despite the global meltdown from the year 2008. Inspite of global gloom across industries, Indian IT industry still managed to register a growth of 5.5%. The Domestic Market is also slotted to witness 12% growth, this year. Potential size of India’s offshoring industry is estimated at US $ 120 to 180 billion by 2015. The Industry currently employs around 1 million people and provides indirect employment to around 2.5 million people. It is expected to add another 150,000 jobs in another fiscal according to NASSCOM. 1.2 Indian IT/ ITeS sector is growing substantially with its:

→ Expansion into varied verticals
→ Well differentiated service offerings
→ Increasing geographic penetration

The phenomenal success of Indian IT- ITeS industry can be attributed to availability of strong qualified human resources, favourable government policies, burgeoning demand conditions, healthy growth of related industries and competitive environment prevalent in the industry and the focus on innovation by the IT Industry. The interplay of these forces has led to putting the industry on the global map

From startups to Fortune 500 companies, Technology companies worldwide aim to secure their market position through disruptive innovation. As new technologies are adopted around the world, it has become increasingly important for the leaders in this sector to understand the complexity and business transformation impact of rolling out these new products and services.


How can we help?

HT Corps technology professionals understand this changing and challenging environment. We combine industry knowledge with technical experience to provide insights that help technology leaders deal with their complex business models. Our professionals go beyond today's challenges to anticipate the potential long and short-term consequences of shifting business, financial and technology strategies. We also help clients explore potential obstacles to change and collaborate on critical decisions that can deliver real value to their businesses.