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Company Profile- Semaphore

Company Profile- Semaphore

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Published by telikaramu
semaphore company profile
semaphore company profile

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Published by: telikaramu on May 03, 2013
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Overview on India's Software Industry
 According to statistics, country's software exports reached total revenues of Rs 46100 crores.The share of total Indian exports form 4.9 per cent in 1997 to 20.4 percent in 2002-03. It isexpected that the industry will generate a total employment of around four millions peoples,which accounts for 7 per cent of India's total GDP as in the year 2008.The year 1995-96 was a boom for the industry. The performance of the industry over theyears is as follows:(In terms of US $ millions)Domestic software Market490670920125017002450Software Exports 73410851750265040006300Indian Software Industry 122417552670390057008750
India's Software Exports:
 Software exports has major share in India's total exports. As of the year 2004-05, bothsoftwareand services revenue grew by 32 percent to $ 22 billions and $ 28.5 billions in2005-06.According to NASSCOM, India's domestic market, grew by 24 per cent. Presently Indiancompanies have concentrated on only two largest IT service markets. They are USA and theUK. Even Canada, Japan, Germany and France represent huge growth potential in theindustry.Why India?
Rapidly Improving infrastructure
Large Talent Pool Availability
Infrastructure High Quality Educat ional
Low Operaing Costs
R&D Strengths
Established Technology Clusters
Government Incentive
Progress of IT Industry
(In terms of US $ billion)
 Year2003-042004-052005-06*IT software and service exports9.212.015.2ITE-BPOexports3.65.27.3Domestic market3.94.86.0Total16.722.028.5*EstimatedSource: Ministry of Communications and IT.1995-1996 - 1224 million US Dollars1996-1997 - 1755 million US Dollars1997-1998 - 2670 million US Dollars1998-1999 - 3900 million US Dollars1999- 2000 - 5700 million US Dollars2000-2001 - 8750 million US DollarsAccording to the NASSCOM- McKinsey report on the IT industry of India, the projectedrevenueof the IT industry of India for the year 2008 is 87 billion US Dollars. The projected exports or the year 2008, accord to this report, is 50 billion US Dollars.Some of the important aspects of the NASSCOM- McKinsey report related to the size of India's IT industry are -
There is potential of 3.2 million people being employed in the IT industry of India by theend of 2012.
Contribution of software and services to the total GDP of India will be more than 7.5%.
FDI(Foreign Direct Investment) of 10.5 billion US Dollars expected in the IT industry bythe end of 2011.
45% of total exports from India will be from IT exports.
225 billion US Dollars worth of market capitalization from ITshares. Softwares and services are exported to bout 195 companies from India. North Americaaccounts for 61% of the software exports from India.
The projections about the size of India's IT industry present a very optimistic picture. Theindustry is expected to grow to double its current size by the year 2012. India's IT industryis expected to grow at an annual average rate of 18% in the next five years. The industry isalso expected to cross the 100 billionUS Dollar mark by 2011. One of the major areas of growth for the IT industry of India is by tapping the potential in the domestic market. The ITindustry of India is largely dependant on the export market. Penetrating more into thedomestic market would create further opportunities of growth for the IT industry.Adoptionof new liberal policies in India has given birth immense opportunities to its industries.Success story of India's
Software Industry
is a step in the same direction.The
Software Industry
, which is a main component of the Informationtechnology,has brought tremendous success for the emerging economy.India's young aged manpower is the key behind this success story. Presently there are morethan 500 software firms in the country.
Worldwide IT Spending to Grow 5.3 Percent in 2010
Unseasonably Strong Hardware Sales in First Quarter Sets Up 2010 for Solid IT SpendingGrowth Worldwide IT spending is forecast to reach $3.4 trillion in 2010, a 5.3 percentincrease from IT spending of $3.2 trillion in 2009, according to Gartner, Inc. The IT industrywill continue to show steady growth with IT spending in 2011 projected to surpass $3.5trillion, a 4.2 percent increase from 2010."Following strong fourth quarter sales, an unseasonably robust hardware supply chain in thefirst quarter of 2010, combined with continued improvement in the global economy, sets up2010 for solid IT spending growth," said Richard Gordon, research vice president at Gartner."However, it's important to note that nearly 4 percentage points of this growth will be theresult of a projected decline in the value of the dollar relative to last year. IT spending inexchange-rate-adjusted dollars will still grow 1.6 percent this year, after declining 1.4 percentin 2009."Worldwide computing hardware spending is forecast to reach $353 billion in 2010, a 5.7 percent increase from 2009 (see Table 1). Robust consumer spending on mobile PCs willdrive hardware spending in 2010. Enterprise hardware spending will grow again in 2010, but

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