EFY Times  
Saturday, May 23, 2015

 
GO
 
 

Catalyzing The IT-BPM Industry 2020: Narayana Murthy Committee Re-articulates Vision For Industry And NASSCOM
 
Home >> Infotech >> Trends
 
Catalyzing The IT-BPM Industry 2020: Narayana Murthy Committee Re-articulates Vision For Industry And NASSCOM  
 
   
Rate this news:  (0 Votes)
Monday, March 04, 2013 The Indian IT-BPM industry in the past twenty years has proved to be one of the most significant growth drivers for India; with revenues growing from 100 million USD in 1992 to 108 billion USD in 2012. In this journey, NASSCOM has played a pivotal role as a trusted catalyst and a credible voice addressing important issues for the industry. The industry continues to grow exponentially and has a vision and aspiration to aggregate revenues of USD 300 billion by 2020.






Committee members • Chairman: NR Narayana Murthy • Convener: Krishnakumar Natarajan • Members: o Rajan Anandan o Ganesh Lakshminarayanan o Ashank Desai o Pramod Bhasin o Som Mittal In order to achieve this milestone, NASSCOM in July 2012 set up an independent Expert Committee chaired by N.R. Narayana Murthy to address the key needs of the industry in order to help realize the Vision 2020.

The findings and recommendations were shared today at a press meet in Bangalore by N. R. Narayana Murthy, Chairperson of the Committee in the presence of N. Chandrasekaran, Chairman, NASSCOM; KK Natarajan, Vice-Chairman, NASSCOM and Som Mittal, President, NASSCOM.


IT and IT Enabled Products and Services Industry in India: 2020* IT Services USD 80 bln BPM USD 45 bln ER&D USD 40 bln GICs USD 28 bln Software Products USD 10 bln Domestic Market USD 75 bln Internet & Mobile USD 100 bln *Potential size is covered across multiple segments above The report addresses the growth opportunity for the industry by size and potential as well as the key enablers for NASSCOM to partner with the industry in building the future growth opportunities.

Speaking on this occasion, Mr. N. R. Narayana Murthy, Chairperson of the Committee said “It is our collective vision to help the IT/IT-enabled products and services industry in India to be a trustworthy, respected, innovative, and society-friendly industry in the world. Through this report we have been able to chart out a roadmap for ourselves that would help us realise this vision; by not only identifying the distinct priority areas but putting together focused deliverables for each of those priority areas”.

“NASSCOM has been a futuristic institution that has consistently evolved itself. It continues to do an excellent job in building a strong brand in India, for India and has been able to achieve global recognition for the IT industry. We feel this is the right time to build the future building blocks for NASSCOM since it will play an even larger role in leveraging new opportunities, global branding, drive thought leadership and help set global standards and policies for the industry”, said Mr. N. Chandrasekaran, Chairman, NASSCOM.

Seven pivotal initiatives have been highlighted in the report that will enable NASSCOM in achieving the 2020 vision for the industry. These include:-

· Expand focus on industry segments based on size and potential

o Potential : Internet & Mobile (content and commerce); Software Products; Domestic market

o Size: IT Services, BPM, ER&D, GICs

o Industry led Vertical Councils to shape agenda; Integrate with Executive Council

· Help develop capabilities in next generation technologies and platforms in partnership with the industry

o NASSCOM to set up five centres of excellence in five years

o Potential areas – Software engineering, Emerging Technologies, Vertical solutions, E-commerce, Service Excellence, Governance

· Position India as an innovative solution provider and destination of choice

o International events, research, case studies

o Partnerships to increase industry collaboration; Workshops enabling an innovation culture

· Build new markets and customer segments

o Expand market access through country specific initiatives; Country Councils– 7 key markets; Work with governments to promote free-trade

o International partnerships and programs for SMB market; Cluster development

· Thrust on skill development and domain

o Facilitate one lakh certifications in specialist skills and domain areas

· Evangelise and build entrepreneurial ecosystem in India

o Collaborative program to build program to evangelise, engage and support incubation

· Re-align NASSCOM structure to specific verticals and enablers

o Vertical segments – IT Services, BPM, GICs, ER&D, Internet & Mobile, Products, Domestic Market

o Enablers – Global Trade, Policy Advocacy, Outreach, Skills & Talent, Regional Connect

o Strengthen the secretariat team and expand industry fellowship program

o Industry connect through specific membership services

It is also recommended that the Executive Council (EC) be reconstituted to have adequate representation for the seven identified priority verticals. The various councils being proposed by the Committee includes formation of National Vertical Councils; Country Councils in key markets and strengthening Regional Councils to address local issues.

The recommendations will be implemented in a phased manner and Krishnakumar Natarajan, Vice Chairman, NASSCOM will help to lead this key initiative.




Print Email Post Comment 
(Total Views: 1211)
 
Share

 
 
Infotech News
   
Let's Know More about Two-Factor Authentication
RS Components Offers Safety Scanners
8 Best Cameras Of 2015
Digitalisation in Multimeters!
Google Toys To Run Home Appliances?
 
 
 
     
     
     
     
     
     
Most popular
 

Daily

Weekly

Microsoft Unveils Windows 10 Preview For Phones
Microsoft Unveils Windows 10 Preview For Phones
Microsoft To Make Bing Search Engine Mobile-Friendly
Apple HomeKit Devices To Go On Sale Next Month
Amazon Introduces A New Advertising Platform For Mobile App Developers
Google Releases New Gmail Login Screen For Users
Piyush Goyal Inaugurates New Solar Passive Building Of The National Institute Of Solar Energy
New HP Security Offerings Focus On Securing Interactions Between Users, Applications And Data
NIELIT To Train 55 Lakh Students, Lays Foundation Stone For Headquarters At Dwarka
Barnes & Noble Announces Amazing New Low Prices On The Samsung Galaxy Tab 4 NOOK Just In Time For Graduation And Father’s Day
QLogic And Cavium Collaborate To Deliver Accelerated Performance For Enterprise And Cloud Storage Applications
Now Shop With Google’s ‘Buy Now’ Feature
5G: The Future Of Mobile Communications
Google Unveils New Chrome Devices In India
Mouser Launches Enhanced Open Source Hardware Technology Site
ReGlobe Is The Exclusive Buy-Back Partner For India’s Top E-Commerce Websites: Amazon, SnapDeal, eBay And Infibeam
Amazon Appstore Offers 38 Paid Apps For Free
 
   

Overall

Features
8 Best Cameras Of 2015
Here are top 8 cameras that won TIPA awards...
5 Ways To Identify Hackers
Hackers are everywhere on the internet. Here are 5 ways to save yourself from hackers....
8 Best Free HTML5 Frameworks
You can build interesting responsive websites and web apps using these free HTML5 frameworks....
8 Surprising Job Skills That Can Get You Job In IT
The job scenario for IT workers has changed in recent times due to to the new technologies and shifts in business processes. Here are top 8 in-demand ...
Top 8 Highest Paying Tech Skills
Looking for a job in IT? Here is the list of tech skills that you should consider to acquire...
5 Rules To Ensure Proper Programming Style
Here are some of the best rules that help you in attaining a better programming style....
Key Rules To Build A Great Tech Team
Making IT work in any organisation is about making human connections. Here's how you can do it....
6 Best Code Editors For Realtime Collaboration
Here is the compiled list of 6 Best Code Editors for Real Time Collaboration....
Top 10 Most Expensive Gadgets In The World
Here are top 10 gadgets made for super-rich people in the world...
7 Things To Do After Buying New iPhone
Bought a new iPhone? Here are 7 things you need to do right away...
8 Gadgets To Make Your Smartphone Even Smarter!
Check out these 8 cool gadgets that will make your smartphone smarter...
10 Must Have Google Chrome Apps
Install these Chrome extension apps to boost your work productivity...
Top 6 Octa-Core Android Phones Under Rs 10,000/-
Here is the list of best 6 super-fast Android phones you can buy under Rs 10,000/-...
6 Qualities That Can Help You Achieve Happiness
Here are 6 qualities that you can incorporate in life to find the greater happiness....
Top 10 Frequently Asked SQL Query Interview Questions
Here are 10 frequently asked SQL interview questions and answers that can help you crack the interview....
 
  View All
Dialogue
 
“One Day The End User Can Open Up A Used Battery, And Use What’s Inside As Barbecue Sauce”
Of course that is not something currently possible, but what B&B Batteries does have are some secret recipes for their very specialised battery design...
We Wish To Procure All The LED Components Within India: Avni Energy
G. Gururaja, director, Avni Energy Solutions Pvt Ltd, shares his views about the expanding LED industry in the Indian market and the company's plans i...
We Have Registered 50 Per Cent Growth In The Last Two Years: Arihant Lighting
Apart from LEDs, Arihant is associated with the promotion of renewable energy in India and therefore, manufactures various energy saving products....
“Elcom Plans To Build A New State Of The Art R&D And Manufacturing Unit In Maharashtra", Reveals MD Girish V Vaze
Starting out as a small business to cater to the industry’s need for import substitutes, Elcom International has grown to be a leader in the field of ...
Delta Magnets Ltd To Enter Into JV With Chinese Company!
The company had partnered with TDK Japan for technology transfer to manufacture magnets in India....
   
  View All
Videos
 
First Look: LG Optimus G
The phone sports a high-end display and comes powered by a powerful processor. ...
Create QR-Codes For Free
TEC-IT releases the freeware QR-Code Studio to provide a quick and convenient way of QR code creation for every application scenario....
DoT Secretary Shares Plans For Growth Of Telecom Sector
M.F. Farooqui has recently taken charge as secretary, Department of Telecom....
Hands-On: Sony Xperia Z
Xperia Z is Sony's first entrant model in the big-screen smartphone category. ...
Hands On: Videocon A30 Smartphone
Videocon, the consumer electronics company which is known for its refrigerators, washing machine and air-conditioner has unveiled its Android-based sm...
   
View All
   
 
IFA 2014
 
IFA 2014: LG Launches 34-Inches Curved Monitor
The company is yet to confirm price and availability of the device....
IFA 2014: Intel Launches First Core M Range Of Processors
This range of processors is tailor-made for 2-in-1 devices which include a tablet and a laptop....
MWC 2014: Tablet Lets People Feel Textures On Its Screen
Now feel what you see on your tablet, by way of ultrasonic waves....
MWC 2014: 4K Android Tablet Games To Kill Consoles, iPad
Tablet makers like Samsung want to beat the iPad by making 4K tabs. ...
MWC 2014: This Vodafone Backpack Helps Get Network In Disaster Situations
Two engineers of Vodafone New Zealand displayed the "mini" mobile network by Vodafone substructure in a backpack. ...
MWC 2014: Wilocity Chipset To Bring 'Lightening' Speed To Mobile Phones
Wilocity has developed a WiGig chipset for mobile phones that will bring lightning-fast wireless capability ...
MWC 2014: Samsung Introduces Octacore, Hexacore Chipsets
The Korean giant, Samsung unveiled two new octacore and hexacore chipsets at MWC 2014, in Barcelona. The company previously used Exynos 5 Octa 5410 ch...
   
View All
   
 
Events
 
19th Consumer Electronic Imaging Fair To Be Held On ...

View All
   
   
 
 

home archives contact us advertise with us
           
Magazines Portals Directories Events News Verticals Educational Institute  
Electronics for You
Open Source for You
Electronics Bazaar
electronicsforu.com
efytimes.com
opensourceforu.com
electronicsb2b.com
Electronics Annual Guide
EFY EXPO INDIA
EFY EXPO WEST
ELECTRONICS ROCKS
EFY Awards
OSIDAYS Expo
Electronics
Infotech
Linux & Open Source
Consumer Electronics
Science & Technology
BPO
EFY Techcenter

Educational Kits
Kitsnspares.com  
 
 
© Copyright 2015 EFY Enterprises Pvt. Ltd.
All rights reserved. Reproduction in whole or in part in any form or medium without written permission is prohibited.
Usage of the content from the web site is subject to Terms and Conditions