Industry Snaphot

Nasscomm estimates the revenue of the IT-BPM industry at $119 billion grew by
12 per cent in 2014-15 with export market alone making up almost $100 billion.
The year witnessed hyper-growth in the technology start-up and software product
landscape, India ranking as the fourth largest start-up hub in the world with over
3,100 start-ups in the country.
Software products and services revenues for 2015-16 is projected to grow at 1214 per cent.
Spending on technology and technology services grew at a faster pace (4.5%)
than global economic growth in 2013.
The need to find new ways to reach out to consumers prompted the European
companies to invest in technology for optimisation and innovation, which led to
3% growth in IT spending during 2013, as compared to a decline in the previous
year
The Economic Survey 2014-15 says the IT andITeSsector includingBusiness
Process Management(BPM), continues to be one of the largest employers in
India, directly employing nearly 35 lakh people.
Though exports dominate the Indian IT industry; the domestic market is also

Why is the sector growing?

Rapid industrialization and growth of IT parks in the
country
Partial privatization of telecommunication
Development of SEZ; which also help IT companies get
tax benefits
A large number of resource readily available in the
country
Low operating costs
ax breaks and sops offered by the government

Wipro Technologies
Founded: 1945 by Mohamed Hasham Premji
Headquarters: Bangalore, Karnataka, India
Employee Strength:130,000 employees
International Presence: 54 and a worldwide presence with
global centers across 54 countries.
Trivia: Initially set up as a vegetable oil manufacturer in 1945
in Amalner, Maharashtra, producing sunflower Vanaspati oil
and soaps.
Strategic Shift: During the 1970s and 1980s, the company
shifted its focus and began to look into business opportunities
in the IT industry, which was at nascent stages in India at that
time.
Achievements: Marketed the first indigenous homemade PC
from India in 1985.

TCS
Founded: TCS was formed in July 1998 as a subsidiary of the Tata Group
listed on BSE and NSE founded in 1968 by JRD TATA.
Headquartered: at Mumbai TCS is an Indian Multinational IT services,
business solutions & outsourcing Services Company, becoming a
publicly listed company in 2004.
Employee Strength: 300,464 representing 118 nationalities deployed
across 55 countries.
Strategic Shift: 2008, undertook an internal restructuring exercise
which aimed to increase the companys ability. 2011, entered the small
and medium enterprises market with cloud-based offerings.
Achievement: 2004, TCSs e-business activities generated over
US$500 million in annual revenues
2005, became first India-based IT services company to enter
bioinformatics market
2006, designed an ERP system for Indian Railway Catering and Tourism
Corporation
2011/12, fiscal year achieved annual revenues of over U$10 billion for

Infosys
Founded: Infosys Limited (NASDAQ: INFY) started in 1981 by seven
people with US$ 250
Employee Strength: Over 145,000
International Presence: 64 offices and 68 development centers in US,
India, China, Australia, Japan, Middle East, UK, Germany, France,
Switzerland, Netherlands, Poland, Canada and other countries.
Achievement: Global leader in the next generation of IT and
consulting.
Pioneered the Global Delivery Model (GDM), which emerged as a disruptive
force in the industry leading to the rise of offshore outsourcing. The GDM is
based on the principle of taking work to the location where the best talent
is available, where it makes the best economic sense, with the least
amount of acceptable risk
Strategy: Takes pride in building strategic long-term client relationships.
97.4% of our revenues come from existing customers (Q3 FY 12).
Designs and delivers technology-enabled business solutions for Global