emerging trends and challengesin it industry
DESCRIPTION
The emerging trends in IT industry along with the challenges.TRANSCRIPT
EMERGING TRENDS AND CHALLENGES IN INDIAN IT INDUSTRY
Agendas
• Introduction • Emerging Trends in IT• Socialization of Technology• Innovation • Challenges
AGENDA
• IT-ITeS business is expected to
touch 100 billion USD in 2013
• Domestic IT services may
touch $ 10.2 billion from $ 9.1
billion in 2013- Gartner
• Contributed 7.5% of GDP
• ITeS Segment has Potential to
Create 3.1 Million Jobs by
2013
Overview of IT-ITeS Market
Growth of E-Commerce in India
Cloud Computing & Awareness
Mobile Applications and its usage
Emerging Trends in IT
Socialization of Technology
Knowledge management Portals
Social Networks
E-Banking & E-Commerce
Open Source Tools & Platforms
State of Social Media• In less than a decade, social media has rapidly integrated itself into
our everyday personal and professional lives.
• Awareness of social networking sites is very high Facebook is close
to 100%, Twitter reaches 80% awareness and Google+ is known by
70%, LinkedIn has relatively low awareness with 4 out of 10
internet users familiar about it, It has strong niche position in B2B
market
• 7 out of every 10 internet user is on at least one social networking
sites
• This implies that more than 1.5 billion users use social networking
sites.
Social Media has changed the face of communication
Boost of Smart phones: 51 % of the Internet users have smart phones with data subscription on it. This has changed the way of gathering data, interacting, doing business and lot more
50% post information about products, brand and/or companies are on Social Networks
Advertisements
News
Contest
Promotions
Product Experience
53% of smart phone user compare prices during shopping via Smartphone
Implications…
Huge growth potential Create content for mobile Design websites, blogs for mobile viewing Make it easy for viewers to act on that content in a social manner
Social Networking Portals having Maximum Number of Users
State of E-Commerce in India
• India’s online users grew by 50% in July 2012
• There were 12.5 Crore unique visitors, half of whom
spend time on internet from home or work, the rest
half from shared computers.
• 75% % internet users in India are in age group of 15-34
years (Male- 45.6% & Female 29%)
• India is one of the youngest online demographic
globally
Source: Internet
Fig. Insights of Online User Demography and Time spent by them
Some Top E-Commerce Portals of India
State of E- Commerce in Retail in India• Among Indian e-tailers, Flipkart.com was the most
visited website with an 11.5% outreach to online users. 7.4 million or 74 lakh users.
• Snapdeal.com had a marginally lower outreach of 11.1% and audience on 6.9 million or 69 lakh users in a month.
• Lifestyle shopping portals Jabong.com and Myntra.com had similar levels of traffic as both websites garnered 5.3 million or 53 lakh unique visitors
Source: Internet
Fig. Unique users/visitors on E-Commerce Portals in India
State of E-Commerce Transactions
• Direct Debit is the most commonly used payment type accounting
for over 58% of the overall payments in India. 7% of all
transactions were paid by Cash on Delivery, a payment mode
gaining popularity.
• Across the Travel and Retail e-commerce domains, the average
transaction value during the quarter April to June 2012 was $31 or
approximately Rs. 1660.
• Most visited portal was IRCTC, SBI was most preferred bank for
direct debit followed by ICICI and HDFC.
Snapshots of E-Banking Portals
Source: Internet
Fig. E-Commerce Transaction Statistics
Knowledge Management Portals
Some Open source Tools
• Social Analytics• Business –Ready Storage• API’s• Search Engines• Touch Computing• Voice Control• Mobile Payments
Innovations That Drives Technology
• Obsolescence
• Complexity
• Data Storage and
Retrieval
• Human Resources
• Budgets
• Productivity
Challenges
Future of Indian IT Industry
The future is definitely bright as more and more students are opting for the IT jobs thus bringing their own ideas to contribute in a significant way.