New Delhi: Aiming to provide emerging firms insights on the changing user environment, IT-ITeS industry body Nasscom organized a conclave, showcasing the evolution of the Indian IT Industry and its future roadmap.

The Emergeout Conclave 2013, pondered on opportunities from emerging and developed markets, the hot verticals for start-up successes, changing buyer landscape and the art of learning from failures among other pertinent issues.

"The landscape of the IT industry is changing rapidly and many start-ups and emerging companies are finding themselves ill-equipped to address the changing needs of their customers" Nasscom President Som Mittal said.

These start-ups and new players are uncertain about the ways and means to tap the emerging SME (small and medium enterprise) customer base, gain deeper knowledge about their prospective buyers and enhance their engagement mechanisms with them, he added.

"Keeping this in mind we have designed the sessions of today's conclave, to evangelize and support emerging IT companies to out-compete and perform in such a dynamic environment," Mittal said.

The USD 108 billion India IT-ITeS industry faces challenges like employability, infrastructure, favorable policies and competition from other low cost countries, he added.

Also Read: World's 10 Biggest Mobile Phone Manufacturers

Also Read: Meet The Executives Involved In Microsoft's Massive Reboot