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According to Nasscom, for the year 2009, worldwide technology products and related services spend is estimated at over USD 1.7 trillion. For the same period, the Indian IT & BPO industry is estimated at over USD 71.7 billion. The sector contributes to almost 6% of the country’s GDP. The domestic IT services spends are also growing at a robust pace as building enterprise IT infrastructures and applications, networking and communication became key priorities for India Inc. The market is expected to grow exponentially driven by an increasing number of start-up software product businesses as well as a rapid growth of existing businesses. The global technology related spending is expected to grow from 2010 onwards led by growth in outsourcing adoption. According to industry analysts, India’s fundamental advantages of abundant talent and cost are sustainable over the long term.
The employment by the IT-BPO sector is expected to cross 2.23 million. However staff shortage could be a major bottleneck for the industry. According to a global survey conducted by consulting firm Manpower, India topped the list of countries who plan to recruit for the January-March period 2010.
Accord works with a host of technology companies ranging from global IT majors to local start-ups and has clients such as Ariba, Diebold, Zilog, Dell India, Microsoft India, Trilogy, Sapient, Nokia, Avaya and Airtel.
Practice Lead
Guruprasad & Ashish Dhawan
- Managing Director – Global sourcing solutions company
- MD & Country Head – Global ATM solutions company
- Director & India Operations Head – Global semi-conductor company
- Director Marketing – Global hardware products leader
- Country BD & Strategy Lead – Global software leader
- Country Manager (Enterprise solutions) – Global telecom handset leader
- Director Converged Services – Global telecom & networking leader
- Country Manager (Global Customer Support) – Global ATM services company
- Sales Director India – Global sourcing solutions company
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