751-Sabar Institute Of Management, Tajpur - Gujarat Technological ...

Opportunities & Challenges in Indian Information Technology Sector:
The successful player in the sector has been raised for challenges must be addressed before
success can be achieved:
The market is seeing growth driven by new products and services that include opportunities
in computer hardware & software services, IT services business process outsourcing and
engineering services. These require new skills in sales & marketing, of the services.
It provides them to take advantages of cost-effectiveness in these areas due to new talent
pool, Lower wages and greater advantage by making their exports cheaper and competitive.
Have emerged as a major outsourcing and offshore development centre for the IT companies
due to the proximity to their major business clientele in the USA.
The wake of US crisis it was observed that the rupee appreciated due to the weakened US
economy, Federal bank interest cuts and subsequent FII inflows in the country. Due to this IT
companies in India incurred lower profit margins.
The US crisis, Indian IT company suffered major drop in profits because majority of its
clientele in the BFSI (Banking Financial Sector and Insurance) due to the recession BSFI
clients cut down on their IT spending leading to lower profits so company presence in various
verticals.
India is the largest trade partner of Germany after the US, Italy and Saudi Arabia. Major
imports to Germany from India are automobile. The Information Technology Sector Consists
of Computer Software And Hardware Services. It Also Includes Different Services and IT
Services Business Process Outsourcing. The Government of Germany Has Been Currently
Undertaking A Comprehensive Reform Strategy For The Services Sector As A Whole And
The Computer & Software System In Specific. The Goal of Information Technology Reform
Was Creating An Efficient IT Sector Which Offers Better Quality Services. Government Is
Rolling Out E-Learning Initiatives, Which Could Because Education. These listed companies
of India are providing better data solution, outsourcing facility, online backup, consulting
services, implemented services, system and networking alert, security solution, IT
infrastructure solution etc. That can make easy life for the Indonesian service &
manufacturing industry as well as government.
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