Emerging trends in it
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Transcript of Emerging trends in it
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EMERGING TRENDS AND CHALLENGES IN INDIAN IT INDUSTRY
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Agendas
• Introduction • Emerging Trends in IT• Socialization of Technology• Innovation • Challenges
AGENDA
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• 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
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Growth of E-Commerce in India
Cloud Computing & Awareness
Mobile Applications and its usage
Emerging Trends in IT
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Socialization of Technology
Knowledge management Portals
Social Networks
E-Banking & E-Commerce
Open Source Tools & Platforms
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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.
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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
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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
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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
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Social Networking Portals having Maximum Number of Users
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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
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Source: Internet
Fig. Insights of Online User Demography and Time spent by them
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Some Top E-Commerce Portals of India
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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
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Source: Internet
Fig. Unique users/visitors on E-Commerce Portals in India
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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.
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Snapshots of E-Banking Portals
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Source: Internet
Fig. E-Commerce Transaction Statistics
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Knowledge Management Portals
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Some Open source Tools
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• Social Analytics• Business –Ready Storage• API’s• Search Engines• Touch Computing• Voice Control• Mobile Payments
Innovations That Drives Technology
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• Obsolescence
• Complexity
• Data Storage and
Retrieval
• Human Resources
• Budgets
• Productivity
Challenges
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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.
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