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Scope of the IT sector in the future


The Information Technology – Information Technology Enabled Services (IT-ITeS) sector is a field which is undergoing rapid evolution and is changing the shape of Indian business standards. This sector includes software development, consultancies, software management, online services and business process outsourcing (BPO). According to an article in the Times of India, India’s liberalization was possible due to its IT industry. In the 1990s, the industry started off with an export of nearly $100 million with around 5,000 employees. Now it is an industry that thrives globally and India’s IT exports are now around $70 billion with 2.8 million employees working in this sector.

IT sector is one of the top two industries in the country today.
A report by Ernst & Young states that the domestic IT demand in India is expected to surpass US $90 billion in the next decade. This clearly shows that information technology is a sector which will likely be one of the emerging markets in the days to come as India’s economy requires more hardware, software and other IT services. In a NASSCOM-McKinsey report, India’s position in the global offshore IT industry is based on five factors – abundant talent, creation of urban infrastructure, operational excellence, conducive business environment and finally, continued growth in the domestic IT sector.

Some leading firms that offer job opportunities in this field are Tata Consultancy Services (TCS), Wipro Technologies, Cognizant, Yahoo!, Google, Tech Mahindra, Infosys Technologies, HP, iGATE Patni, Accenture, L&T, EY, Convergys, MphasiS, Genpact, HCL Technologies and Godrej Infotech. Cities like Bengaluru, Delhi, Noida, Gurgaon, Hyderabad, Chennai, Bombay and Cochin are some of the key areas which have developed into potential IT hubs of the country and are key players which contribute to the growth of the Indian economy through telecommunication, software development, design, mobile commerce, e-commerce, BPO and knowledge process outsourcing (KPO). Recent announcement by the government to make IT park in Meerut, Uttar Pradesh is welcome by each resident of the city as well as in Delhi NCR region. The city is known to have the best BCA colleges in Meerut as it’s an educational hub.

These one of the best BCA colleges in Meerut and in Delhi NCR are able to provide the requisite work force along with the required talent. The IT industry is one which is not limited to software development alone. Technology can be applied in libraries, hospitals, banks, shops, prisons, hotels, airports, train stations and many other places through database management systems, or through custom-made software as seen fit.