Govt, SMB growth sectors for IT-BPM market:NASSCOM

Govt, SMB growth sectors for IT-BPM market:NASSCOM

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The National Association of Software and Services Companies (NASSCOM) recently released its analysis on the Indian IT-BPM sector’s outlook for the year FY 2013 based on industry performance for the first half year and global technology spending trends.  It has predicted that the sector will continue its growth momentum with expected double digital growth in 2013. Industry export revenues stood at USD 75-77 billion in 2013.

The study highlighted opportunities in the domestic market in the country with increasing technology adoption within the government sector and the SMB market. Mr. N. Chandrasekaran, Chairman, NASSCOM and CEO& MD, TCS, said, “The industry performance for the past half-year has demonstrated the sector’s ability to innovate and deliver in enabling growth of customer businesses in challenging times. Changing business models, solutions around disruptive technologies and verticalized structures are enabling the industry to emerge as a strategic partner for their customers”.

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