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  #2  
February 7th, 2016, 12:48 PM
Super Moderator
 
Join Date: Mar 2012
Re: Information Technology Industry Overview

Information Technology Industry of India started by Tata Group in collaboration with Burroughs by set up the first software zone SEEPZ in Mumbai.This industry is an employment intensive sector ,

Challenges faced by the IT sector in India:

IT sector of India needs to discard its old model of service providing and operations.

There is a stiff competition from China, Philippines and Eastern Europe .

Shrinking talent pool in our country is also largely affecting the IT sector.

Number of employable graduates in the business sector is as low as 10% to 15% while that of qualified and employable engineers is 26% only.

IT giants like IBM and Accenture have now opened up their own centers in India with the same target audience as that of the Indian IT Sector.

There is a need for a total revamping of the infrastructure of the IT sector.

Fund shortage is also affecting the medium and small IT enterprises .

Top IT companies of India:

Tata Consultancy Services

Infosys

Wipro

HCL Technologies

Tech Mahindra

Oracle Financial Services Software

Mindtree

Mphasis

Hexaware Technologies

Tata Elxsi

Cyient


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