1. #1
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    What is the scope of IT industry in future?

    Good Morning.
    What is the scope of IT industry in future?





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  3. #2
    om2011
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    Re: What is the scope of IT industry in future?

    A) Future of Information Technology
    IT will continue to gain momentum. The immense expansion in networking technologies is expected to continue into the next decade also. IT will bring about an improvement in the quality of life as it impacts on global competitiveness.
    Technologies that are emerging are Data Warehousing and Data Mining. They involve collecting data in normal research. Software services that are being used will go a long way.




  4. #3
    Expert
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    Re: What is the scope of IT industry in future?

    IT industry has wide scope in present times as well as in coming future. This sector provides employment opportunities to both technical as well as non technical graduates. Today many financial institutions are providing fund for the growth of IT sector. Indian government has also taken many steps for the growth of the industry. Many foreign companies are depending India for software outsourcing. This is mainly because of the cheap availability of labor and business processes. So we can expect a steady growth in the coming future also.

  5. #4
    Sreeram B
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    Re: What is the scope of IT industry in future?

    Hello my dear friend,


    IT sector is one of the most important sector in India, without IT Sector we can not think India because India has hugely depends on IT sector.IT sector is providing Lakhs of employment to the Indians.

    IT sector is having huge scope in the future to grow in the Indian market because India is one of the best Investment hub in the world so all the foreign companies ant to start their business operations in India.

    India is attracting IT sector because there will be lot of reasons like Talented human resources,ready to work for less packages, companies can save here by providing less packages to the employees, less tax on IT firms, ready to accept huge foreign investments etc..

    In India, Bangalore is the famous place for IT companies and there are number of other places like;

    -Hyderabad
    -Chennai
    -Pune
    -Noida
    -Indore
    -Trivendram



    Regards
    Sreeram

  6. #5
    mosses.ashok
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    Thumbs up Re: What is the scope of IT industry in future?

    IT COMPANIES FUTURE:

    in India lot of software companies are here

    WIPRO

    HCL

    TCS

    INFOSYS

    SINTEL

    SATYAM

    As for my concern the software companies growth will increase for the next twenty years.After that it will face some problem.

    but some process is going to develop the field.

    In india the growth will increase very high now..

    So good oppurtunities for software professional...

  7. #6
    mahen456
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    Re: What is the scope of IT industry in future?

    Future of Information Technology
    IT will continue to gain momentum. The immense expansion in networking technologies is expected to continue into the next decade also. IT will bring about an improvement in the quality of life as it impacts on global competitiveness.
    Technologies that are emerging are Data Warehousing and Data Mining. They involve collecting data in normal research. Software services that are being used will go a long way.

  8. #7
    oh my friend
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    Re: What is the scope of IT industry in future?

    Quote Originally Posted by Unregistered View Post
    Good Morning.
    What is the scope of IT industry in future?
    Hello friend...



    *There is lot of demand for the IT sector in future there will be plenty of opportunities for you in the IT organizations with good salary packages

    *There will be more demand for the software engineers and IT professionals


    Scope of IT industry in future


    *The IT industry has great scope for people as it provides employment to technical and non-technical graduates and has the capability to generate huge foreign exchange inflow for India.

    * Talent acquisition, development and retention initiatives taken by the companies have brought down the employee attrition rates, thereby providing more stability to the employees and increasing their job commitment.

    *Many financial institutions are providing funds for the expansion of IT and ITeS businesses


    Expansions in IT sector

    -->The Govt. has provided incentives including tax holiday up to 2013 and competitive duty structures.

    -->The Govt. is trying to reduce the international communication cost.

    -->It is providing infrastructure support through organizations such as software technology parks.


    Future of Information Technology

    *The immense expansion in networking technologies is expected to continue into the next decade also.

    *IT will bring about a drastic improvement in the quality of life as it impacts application domains and global competitiveness.

    *Technologies that are emerging are Data Warehousing and Data Mining. They involve collecting data to find patterns and testing hypothesis in normal research.


    Future Estimates


    Annual revenue estimated for the industry is US$87 billion.d

    Software and Services will contribute over 7.5% of the overall GDP growth of India.d

    IT exports will constitute 35% of the total exports of India.d

    There will be 2.2 million jobs in IT sector.d

    IT industry will attract FDI of US$ 4-5 billion.d

    Market capitalization of IT shares will be approximately US$225 billion.



    good luck

    all the best

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