IBM's India revenue (non off-shoring related) 600million
IBM's CEO is visiting India. In that context IBM has released some sales numbers. India has registered the highest growwth among all countries IBM does biz in. At 61%. This is excluding the software offshoring that IBM does thru its Global Services and Product labs. The general expectations among industry observers is that the local sales & services is at about $600 million. This is just selling hardware and software to Indian companies. In India.Not surprisng, Just a couple of weeks ago, NASSCOM (the software industry organization in India) annoucned that total Software market alone in India (local consumption) was over $10billion last year. IBM being th eindustry biggies, little surprise then that it has done $600million biz in India. Actually given that this includes hardware sales, this even seems a littl elower than it should be.
As always, I believe that local IT consumption and sofwtare products are the two major thrust areas for Indian software industry. The former is really taking off (eGiv, Banking and Retail industries leading the pack). Need to see more buzz and action happening in the products space. The homegrown or wholesome kind- not the offshore MNC centers (that by and large undertake secondary work in their Indian centers).
posted by Ramesh L. @ 11:52 PM
1 Comments:
From what I've been reading, there already is a lot of action in the product space as well. It is just that all those products are white labelled.
Regards,
Nag @
Startups.in
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