Will Indian IT sector have a new face by 2015?

By Juby Thomas, SiliconIndia   |    16 Comments
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Will Indian IT sector have a new face by 2015?
Bangalore: It is true that from 1996 the Indian IT industry has witnessed a rapid growth. Starting from virtualization to the adjoining of the web and mobile devices, all these breath taking advancement has set the country at the forefront of a technological revolution for quite some time now with a globally renowned services sector and a competitive industrial scene. If you look at the global scenario there are endless predictions, which are expected to revolutionize the global IT industry by 2015. Gartner has a series of predictions like information-smart businesses will increase recognized IT spending per head by 60 percent, tools and automation will eliminate 25 percent of labor hours associated with IT services and 80 percent of businesses will support a workforce using tablets. Gartner's predictions showcase the trends and disruptive events that will reshape the nature of business by 2015. Will Indian IT sector have a new face by then? Is the country prepared to meet these global changes is a matter of question now. The Indian economy is expected to create 87.37 million new jobs by 2015. And a major chunk of job will be created by the IT/ITeS sector. By the introduction of UID projects the Indian IT sector has made a path-breaking venture in E- Governance. It is also true that consolidation, optimization and cost transparency programmes have made decentralized IT investments more visible, increasing "recognized" IT spending. All these have proved that the country has huge potential for growth. But having the potential and actually achieving it are two different things. And this is where the biggest challenges lie for India. Along with the achievements the country is also challenged with the shortage of skilled manpower, quality of education, data growth and the growth of e waste. Will all these predictions and challenges adjoin together to give a new face to Indian IT sector is something that we have to wait and watch.