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Domain of the IT Industry

Apr 09, 2018

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Ritika Lath
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    IT Industry

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    Scope

    Provides employment to technicaland non-technical graduates

    Capability to generate huge foreignexchange inflow for India. India exports software's and services

    to approximately 95 countries in

    the world.By outsourcing to India, many

    countries get benefits in terms of

    labor costs and business

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    India is the most favored offshorelocation for IT Services

    Dominance of India in offshoremarket is because of financialattractiveness

    (i.e. cost competitiveness) as well as

    availability of abundant suitabletalent pool.

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    Market share

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    Sources of Revenue

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    Domain of the IT Industry

    Some of these services are as follows:

    Systems architecture

    Database design and development Networking Application developmentTesting Documentation Maintenance and hosting Operational support Security services

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    CURRENT POSITION OF ITINDUSTRY

    low

    -Off showring of

    low and backoffice services

    ,Testing servicesentry level

    ,projects

    ,BPO largecontract

    projects

    ,Emergence of R$DKPO

    Hub of global/IT Ites Activity

    low

    hi

    gh

    highSector Competencies

    Se

    rv

    ice

    off

    er

    ing

    Currentposition

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    PESTLE ANALYSIS

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    POLITICAL

    Political stability tax benefit.

    Government owned companies andPSUsTerrorist attack or war.

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    ECONOMICAL

    Real Estate PricesAttrition

    Cost AdvantageOthers Global IT spending.

    Domestic IT Spending

    Currency Fluctuation

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    SOCIAL

    Language SpokenEducation

    Working age population

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    TECHNOLOGICAL

    Total subscriberssecond largest telephone network

    Enterprise telephone services Internet BackboneNew IT TechnologiesTelephony

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    LEGAL

    T SEZ requirement

    Contract / Bond requirements IT Act 2000

    Software Technology Park (STPI)

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    ENVIROMENTAL

    Energy Efficient processes andequipments

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    Marketing mix

    ProductPricePlacePromotion

    Physical EvidenceProcessPeople

    he 7 P s which is covered under the marketing:ix of IT consulting services are

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    Place

    location from where service isprovided, the market can beclassified into Onshore services and

    Off-shore services. Off-shore services are those serviceswhich are outsourced outside thehome country. These leverage theirstrength in availability of skilledtalent at relatively lower cost toprovide cost effective services.

    On-Shore Services- these are serviceswhich are used in the service

    providers home country or region

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    Promotion

    Companiescontinue toexplore ways in

    which the Internetcan help improvethe efficiencies

    and effectivenessof their serviceand productdelivery.

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    Physical Evidence

    Helps in fulfilling the need of thetechnical architecture for theorganizations system strategy.

    With a software development specialistadvice can be a real benefit for theactivities of your company and abusiness model that can help inimproving the system.

    In the past few years, Indian ITconsulting companies haveequipped themselves to provide highquality services for a variety of clients

    settled all over the world.

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    Process

    IT Services market can besegmented based on execution

    responsibility into Outsourcedservices and Captive Units (in-house).

    Independent service providers

    provide Outsourced services,undertaking delivery responsibilityfor a price.

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    People

    Strategic IT Effectiveness (SITE)experts.

    Experienced ProfessionalsUser Groups

    Discussion ForumsCompany Blogs

    Research LabsCustomer Advocate Program

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    Distribution

    Achieves distribution excellence forexisting channels while leveragingthe benefits of emerging direct to

    consumer model Dell-Direct Business Model

    U.S. based organization ESET providingmost effective and most proactiveantivirus and antispyware solution toeliminate viruses, spyware, adware,worms, Trojans etc. ESET is also

    growing in good pace after

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    Positioning

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    Target MarketApproaches

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    Targeting

    Target Market Approaches Differentiated Marketing

    Eg: HP has developed its product rangeand marketing strategy to targetdifferent user segments of computingequipment; home office users, large

    businesses, Small and mediumbusinesses, health education govt.department

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    Service Gaps

    Eg: Software development

    Planning

    DesignCoding

    Testing

    Support & Maintenance

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    Communication

    Wipros biggest challenge iseducating the market and its

    clients about its capabilities inBPM(business performanceManagement) market.

    Eg: U.S. based firm engaged Wipro

    to develop a businesstransformation solution

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    Branding

    Infosys : Need not work on brand

    Focus on Differentiation Flat World theme

    Think cost to fuel growth

    Think faster innovation

    Think money from information

    Think winning in the turns

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    THANK YOUGROUP C