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January - 2015 - Special issue > Company of the Year 2014

Company of the Year

SI Team
Friday, January 23, 2015
SI Team
The education industry has consistently contributed to the technology industry in terms of human resources and the capability to develop new technologies. While the technology market has been initially slow in investing in the education sector, it has now started to increase the same as the Indian education market is worth a lot. It is estimated that in 2014-15, the Indian education market, which also includes online education and software solutions will be worth Rs. 5.9 trillion.

With nearly half the population of India below the age of 25 and an increasing penetration of Internet and mobile devices in this demographic, the growth of online education market in India has increased exponentially. The number of companies that are starting and offering a variety of courses online has dramatically increased as well. The courses include a variety of subjects from Management, technology and arts sections. Despite having issues with the infrastructure and regulation, the online education market is predicted to grow $40 billion by 2017. At the same time, the IT market in India has been more involved in providing a variety of solutions to the education sector. About 5 percent of the $40 billion IT market in India, which includes hardware, software and IT services was in the education sector. Products like Customer Relations Management (CRM), Enterprise Resource Planning (ERP), Alumni Management and a variety of other unique software have begun to emerge in the education market with the hope to improve efficiency and increase productivity in the education sector. All the stakeholders in the education industry, which include managements of institutions, faculty, students and parents gain benefits from the utilization of these solutions and services that the IT industry provides. The software solutions and services market in the education sector is expected to grow at nearly 12 percent through 2017.

We at the SiliconIndia Education recognize the constant improvements and achievements being carried out by the technology world in the education sector. Our team of experts that consists of top HR Managers , Educationalists and technology experts who have used a range of parameters in order to bring you the Companies of the Month. We sincerely hope that our efforts will help the educational institutions and students across the country to find the best solutions for their problems.

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