SWOT Analysis of Indian IT Industry: Strengths
we see why Indian IT industry grown so large in such a less time. We enlisted
all the points which are strengthening the position of software development in
Quality & Price Performance:
is the hallmark of Indian IT software and services. ISO 9000 certification and
SEI CMM Level 5 are the order of the day. High quality and skilled knowledge
employees and attractive cost performance have been and will continue to be an
important component of India's value proposition.
Large Pool of Knowledge IT
basic raw material for any software development operation or a web dotcom
start-up is the availability of quality knowledge professionals. India's main competitive
benefit is its abundant, high-quality and cost effective skilled workforce. Currently,
country trains more than 80,000 skilled graduates and engineers a year and has
around 90,000 people working in the software and services IT sector. This is
one of the largest I.T. work force in the world. Recently, the Government of
India has committed to providing computer education in every school by year
of of Indian software firms use state-of-the-art technologies, which includes
the latest in client-networking, Internet, E-commerce, CASE tools, ASP, communication
software, ATM, protocols, GUI etc.
software IT professionals very easily adapt themselves to new and advanced technologies.
In the software IT industry, where technological obsolescence is the order of
the day, flexibility to adapt to new techniques and methodologies is a major strength
programmers and developers from India are able to deliver expertise for all or
large and complex projects with dollar savings. The goal is ultimate adherence delivery
schedules and customer satisfaction.
through Datacom links:
software development and outsourcing in India especially through high-speed datacom
(satellite links), enables immense cost and time saving.
software companies increasingly large numbers are demonstrating their capability
to manage large projects (more than 1400-1600 man- ears), including turnkey
exports as well as the domestic demand in the recent years has been consistently
growing at annual growth rate of more than 60 percent.
A strong and structured base of national
institutes (IIT’s and NIT’s), engineering college and universities has laid a very
strong foundation of education in engineering skills amongst Indian software professionals.
The IIT’s (Indian Institute of Information Technology) in various cities are
the hallmark of esteemed education
Mathematical and Logic
success in providing efficient and cost effective software solutions can be
also attributed to the mathematical and logical ability of Indian’s.
Indian IT software and services industry has set itself higher aspirations and
goals. The recent aspiration is to reach annual revenues of U.S.$ 155 billion
by 2018 (from a level of U.S.$6.8 billion during 2008 09), achieve 100 percent
literacy, more, employment and entrepreneurship opportunities.
Indians in Silicon Valley:
As per a recent survey, 48 of the Fortune 500
company CEOs are of Indian origin. It has been reported that a business plan of
a dotcom company in Silicon valley, U.S.A. receives higher priority if an
Indian name associated with it. The successful India in Silicon Valley has
organise themselves under the Indus Entrepreneurs Group (TiE).
Since 1999 the Government of India has
supported thrust area status to the software sector. The Government has already
amended the Copyright Law to make it one of the toughest in the world;
eliminating import duty on computer software solutions and applications;
exempted profits derived from software exports from Income Tax etc. The
Government of India has also set up innovative scheme like Software Technology
Parks, etc., for promoting software exports.
large number of State Governments and cities are building hi-tech buildings and
habitats to accommodate the ever increasing numbers of software IT companies
and enterprises. These are in the form of intelligent habitats and buildings
and consist of infrastructural support like high- class value-added data
communication services, captive power, recreational facilities, etc. They
incorporate state-of- art facilities viz. plug-and-play features. This is
assisting software companies to quickly
set up their software operations in India.