TechNavio Announces the Publication of its Report

IT Service Market in India 2010 201

TechNavio today published its report IT Service Market in India 2010 2014. February 27, 2012 -- The report aims to aid decision-makers rrent and future trends impacting this market. understanding of the cu

Commenting on the report, an analyst from TechNavio s IT Services team said, "Cloud computing is all about accessing computing resources operated by a third-party p rovider in usually more than one data center locations. With minimal up-front in vestment, cloud computing provides pay-per-use billing model. Cloud computing ha s been the buzz word for some time now in the Technology sector. With increasing awareness among customers about its advantages, service providers are increasin gly looking at developing capabilities in cloud computing. Market leaders have r ealized that cloud computing enables organizations to scale resources up or down as needed and also eliminates the need to over-buy IT resources far ahead of de mand." According to the report, India is leading the list of the most favored outsourci ng destinations across the world. The major source for its consistency of high-q uality work has been the skilled labor pool, and the implementation of various q uality control measures by companies in India to ensure a high-quality service; which attracts various MNCs for outsourcing projects. The labor rate for a highl y skilled labor force in India is very economical as compared to their counterpa rts in the US and the UK. Therefore, companies in other countries are increasing ly outsourcing their operations to India, which is increasing the demand for IT services. The report also discusses that maintaining high growth levels is one of the key challenges faced by the IT Service market in India. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report c ontains a comprehensive market and vendor landscape in addition to a SWOT analys is of the key players. TechNavio, the market research platform of Infiniti Research Ltd, publishes peri odic reports on niche and emerging technologies. For further information, please visit www.technavio.com. Follow us on Twitter @Technavio Media Contact: Ludmila Berkesova Program Manager Technavio 8 Wimpole Street W1G 9SP London UK Tel: 0044 207 637 2456 Fax: 0044 845 280 2825 ludmila@technavio.com http://www.technavio.com