India software market to earn $5.3 billion in 2016

Dec 9, 2015 0

MUMBAI–The robust Indian software market is on track and would reach $5.3 billion (Rs.35.429 crore) earning in 2016, growing 12.8 percent over 2015, global market research and advisory firm Gartner said this week.

“The enterprise software marketplace is dynamic and ever-changing. Its growth and structure are being shaped by factors and forces of decentralised purchasing, consumerization and mobility,” Gartner research director Bhavish Sood said in a statement.

Among the leading trends in the Indian software market are software as a service (SaaS) adoption and development, open source software (OSS) adoption, changing buying behaviour and purchasing styles associated with digital business and the Digital India initiative of the government.

“In 2015, the Indian economy has shown signs of resurgence, with increased efforts by the government toward ease of doing business, which has triggered an increase in foreign direct investment (FDI) inflows,” Sood said.

FDI inflows grew 27 percent to $30.9 billion from 2014, demonstrating the seriousness of the government in leveraging IT for effective governance.

“It is evident that the government is serious about leveraging IT for effective governance. The Digital India initiative, MyGov citizen portal, the Self-Employment and Talent Utilization (SETU) programme for startups and smart cities initiatives are a few some examples,” Sood added.

The Digital India initiative is centered around digital infrastructure as a utility to every citizen, governance and services on demand, and digital empowerment of citizens.

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Wipro digital to hire more techies for its London pod

Dec 9, 2015 0

BENGALURU–Global software major Wipro announced on Wednesday that it would hire more engineers in addition to the 600 hired this year for its new digital pod in London to offer transformation services to British and European clients.

“We intend to take more engineers in addition to the 600 we had hired over the last 12 months, taking the total to 4,000 in Britain,” the IT bellwether said in a statement here.

The new pod is custom-built for the company’s digital strategy, design and engineering teams to work in a collaborative and adaptive workspace with clients.

“Our knowledge of the local market, global experience and operational excellence allows us to help our clients achieve their desired outcomes,” Wipro chief executive T.K. Kurien said in the statement.

The pod will benefit clients and employees from the open, free-flowing design, enabling formation of multi-disciplinary and agile groups to help businesses transform on their digital journeys.

“As British firms, clients and employees have benefited from Wipro’s investment in this country since 1995, we appreciate its decision to locate its digital pod in London,” British Trade and Investment M
Wipro digital global head Rajan Kohli said opening the pod was a milestone in its journey to build multi-disciplinary teams to unveil new products and service experiences that keep pace with changing customer behaviour and expectations.

“London’s reputation for creativity and confluence of cultures provide a springboard for ideas, making it an ideal hub to meet digital needs of our customers,” Kohli added.

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