Directions In Upcoming Year

Renowned Management Guru

The coming year is bound to see those SMBs on the growth curve, which are looking to consolidate competitive positions driving greater IT spends. These SMBs will increasingly look for scalable IT solutions that would give greater returns on investment. Enterprises will base their IT spending patterns more on the industry-led shift s, intrinsic organizational changes and business growth initiatives. The adoption of advanced applications, Web services and the serviceoriented architectures will be more rapid in the banking & financial services, manufacturing, telecom and retail industries. Major banks that have already taken the lead in terms of Core Banking Solution initiatives will want greater consolidation at the back end and improved business process efficiencies.

The aviation, health-care, pharma and FMCG sectors will attempt to seek greater alignment of business and IT goals and then aim for “customised consolidation” of business. Whatever the choice of delivery model and service orientation of the IT companies, they have to be extremely well-primed to be able to address the client’s business environment-dictated needs for IT solutions. The Indian IT success story is set to continue well into the next decade – and through its various linkages, it will spur the nation’s economic growth as well.

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Source : IIPM Editorial, 2007

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